Latest Exploration And Development News

Latitude 66 Limited reports wide, high-grade gold intersections at its Laverton Gold Project, confirming extensions and new discoveries at the Red Dog and Tin Dog prospects. The results validate a structural model and set the stage for rapid resource growth.

Auking Mining Limited reported a cash burn in its latest quarterly report but is moving ahead with a $1.5 million capital raising to fund key exploration projects.

Unico Silver’s December quarter saw exceptional drill results at its Joaquin project and a $50 million capital raise, propelling the company into pre-feasibility studies and strengthening its development outlook.

Central Petroleum has confirmed its strategic acquisition in the Cooper and Otway Basins is now unconditional, with completion set for 23 January 2026, marking a significant expansion of its asset portfolio.

Forrestania Resources has completed an $18 million placement tranche and upscaled its oversubscribed Share Purchase Plan to $5 million, securing $23 million to advance its gold production strategy in Western Australia.

Santa Fe Minerals is set to finalise its acquisition of gold projects in Cote d’Ivoire, pending the completion of a capital raising expected this week. This move marks a significant step in the company’s expansion strategy in West Africa.

Golden Horse Minerals has launched a major 125,000-metre drilling campaign at its Southern Cross Gold Project, aiming to expand mineral resources and unlock new regional targets in 2026.

Resolution Minerals is fast-tracking development of its historic Golden Gate Tungsten Mine in Idaho, leveraging expert geological insight and acquiring critical processing infrastructure to capitalise on soaring tungsten demand.

Alligator Energy has completed its Samphire pilot plant on time and under budget, setting the stage for a critical Field Recovery Trial in early 2026. The company also divested non-core Northern Territory assets to sharpen its focus and strengthen liquidity for its South Australian uranium projects.

Delta Lithium has updated its Mt Ida Mineral Resource Estimate, revealing one of the world’s highest-grade rubidium oxide resources alongside lithium and tantalum, while advancing drilling and processing studies.

Larvotto Resources is on track to restart production at its Hillgrove Antimony-Gold Project by mid-2026, while progressing metallurgical testing at Eyre and due diligence on a copper acquisition at Mt Isa.

Critical Resources Limited launches a comprehensive 2026 exploration program targeting significant lithium resource growth across the Northern Prospects of its Mavis Lake Project in Ontario, Canada.