Latest Exploration And Development News

Lion Rock Minerals announces a leadership transition as CEO Casper Adson steps into a technical advisory role, with the Board seeking a new CEO to strengthen on-ground presence and accelerate exploration at the Minta Project in Cameroon.

Kaiser Reef Limited has completed delivery of all gold call options tied to its Henty Gold Mine acquisition, removing price caps and positioning the company to benefit fully from rising spot gold prices.

Terra Metals has raised $85 million through an institutional placement to fast-track exploration and development of its promising Southwest Prospect within the Dante Project in Western Australia.

Medallion Metals has completed its acquisition of the Forrestania Nickel Operation from IGO Limited, transforming it into a key gold processing hub as the company advances its development strategy in Western Australia.

Freehill Mining Limited has secured options to acquire a portfolio of promising copper-gold projects in Chile, including a JORC-compliant resource at Blanco y Negro and extensive exploration potential at Joshua and Samuel. The deal features low upfront payments and milestone-based future costs, aligning with Freehill’s growth strategy supported by its cash-generating aggregates business.

Polymetals Resources has reported its maiden revenue from the Endeavor Mine with first concentrate shipments, yet posted a substantial half-year loss of $34.5 million. Operational setbacks and exploration advances mark a pivotal phase for the company.

Dateline Resources has acquired the Music Valley Heavy Rare Earths Project in California, backed by historical high-grade data, and invested US$1 million in Fermi Critical Minerals to boost exploration across the US. This move complements its existing gold and rare earth projects, positioning the company at the forefront of critical mineral supply chain security.

GoldArc Resources has locked in a strategic drilling services agreement with MMS for its Leonora South Gold Project, enabling up to A$750,000 of drilling fees to be paid in shares. This innovative deal preserves cash and aligns contractor incentives with the project’s long-term success.

Auravelle Metals has appointed seasoned geologist Stephen Biggins as Non-Executive Chair, marking a strategic leadership shift as the company advances its high-grade gold projects in South Australia and Western Australia.

Riversgold has dramatically expanded its Kalgoorlie Gold Project tenements by over 800%, positioning itself for long-term development with a new mining agreement that shares funding and profits with MEGA Resources.

Ballard Mining has announced a significant upgrade to its Baldock gold resource at the Mt Ida Project, with Indicated resources rising sharply to 1 million ounces, setting the stage for a maiden Ore Reserve and advancing project development.

Piche Resources announces the resignation of Managing Director Karilyn Farmer effective April 2026, with seasoned geologist Claudio Devaux appointed as country manager to ensure continuity in exploration activities.