Latest Exploration And Development News

Red Sky Energy has completed the installation of the surface conductor at its Killanoola Oil Field, marking a significant step forward as it awaits final drilling program approval. The project’s substantial oil reserves and ongoing offtake discussions position it for potential near-term production growth.

Delta Lithium has transformed its portfolio by spinning out its Mt Ida gold assets into Ballard Mining, unlocking significant shareholder value and advancing lithium exploration with promising new discoveries.

Vulcan Energy Resources reported a €10.9 million cash outflow from operations in Q3 2025 but bolstered its liquidity with €26.4 million from financing activities, ending the quarter with nearly €47 million in cash.

LinQ Minerals has kicked off maiden drilling at its Gidginbung gold deposit, delivering significant high-grade gold and copper intercepts and uncovering a new porphyry copper-gold target, marking a major step in its Gilmore Project exploration.

Gateway Mining Ltd's latest surface geochemical sampling confirms an extensive 11.5km gold anomaly at its Great Western target, signalling a potentially significant new gold camp in Western Australia's Yandal Gold Project.

Adavale Resources has achieved a crucial milestone by securing 100% Native Title consent for its Marree uranium project in South Australia, paving the way for advanced exploration activities.

Kingfisher Mining has appointed geologist Chris Bittar as Managing Director, aiming to leverage his expertise to advance its NSW and Western Australian mineral projects.

Earth’s Energy Limited has halted further exploration spending on its South Australian and Queensland geothermal assets following an independent review, shifting focus to new project opportunities. The company maintains a healthy cash position while managing its existing licences conservatively.

Austral Resources Australia has locked in $40 million through a discounted share placement, setting the stage for its ASX reinstatement and ambitious expansion in Queensland's copper belt.

Bass Oil Limited reported a 3% rise in September oil production, driven by a 20% uplift in Indonesian output, while awaiting regulatory approval for a strategic gas field acquisition.

Resouro Strategic Metals has raised CAD$1 million through the first tranche of a private placement, advancing its Tiros Titanium-Rare Earths Project in Brazil. The company plans to use the funds to progress engineering work ahead of a Preliminary Economic Assessment.

Clara Resources Australia Limited has announced a fully underwritten entitlement offer to raise approximately $1.27 million, aimed at funding drilling and development activities at its Ashford Coking Coal project. The offer follows a recent placement and includes a shortfall facility for eligible shareholders.