Latest Exploration And Development News

Alkane Resources delivered a record quarterly gold equivalent production of 43,663 ounces with strong cash flow, maintaining its full-year guidance amid ongoing exploration success and operational improvements.

Ausgold Limited’s latest drilling results at the Katanning Gold Project confirm and extend high-grade gold mineralisation beyond existing resource boundaries, with drilling activity ramping up to four rigs on site.

Ragusa Minerals has significantly expanded its Purple Pansy Manganese-Gold Project in Arizona by acquiring 201 additional tenements, enhancing its strategic landholding and exploration potential in a critical minerals hotspot.

Cygnus Metals reports robust high-grade drill results outside its existing resource at the Chibougamau Copper-Gold Project, driving a 29% increase in global resource and advancing economic studies.

Andean Silver has reported exceptional high-grade silver and gold drilling results at its Cerro Bayo Project in Chile, alongside a successful A$36 million capital raise to accelerate resource growth and development.

Battery Age Minerals has appointed Sebastian Kneer as its new CEO, bringing nearly two decades of global exploration expertise. His leadership comes with a performance-linked incentive plan aimed at driving shareholder value.

Prospect Resources has completed its Phase 2 drilling at the Mumbezhi Copper Project in Zambia, revealing extended copper mineralisation and significant gold by-product potential. The company is well-funded and poised for updated resource estimates in early 2026.

Black Canyon Limited’s December quarter report reveals robust drilling results at its Wandanya manganese and iron project, alongside a significant resource classification upgrade and strategic tenement acquisitions expanding its footprint in Western Australia.

Prodigy Gold NL has reported promising diamond drilling results from its Hyperion Gold Deposit in the Northern Territory, including the first-ever observation of visible gold. These findings reinforce the deposit's potential for further resource growth and underpin upcoming exploration plans.

Fitzroy River Corporation reported steady royalty income for the December 2025 quarter, while advancing key projects including a $40 million funding campaign for the Rafael Gas Project and a $150 million equity raise for Snowy River Gold development.

Desert Metals Limited has completed the second tranche of its placement, raising a total of $1.25 million through new shares and options issued to investors and its lead manager.

Resolution Minerals is fast-tracking development of the historic Golden Gate Tungsten Mine in Idaho, leveraging expert geological insight and acquiring a nearby processing mill and stockpiles amid soaring tungsten prices.