Latest Exploration And Development News

Magnetic Resources NL has updated its Mineral Resource Estimate for the Lady Julie Gold Project, now exceeding 2.24 million ounces of gold with a strong majority classified as Indicated. The LJN4 deposit alone tops 2 million ounces, positioning the project for imminent development.

Sun Silver Limited has dramatically expanded its Maverick Springs Silver-Gold Project in Nevada by staking 427 new claims, more than doubling its landholding and enhancing prospects for future discoveries and development.

Eminence Minerals has appointed Anthony Hills as CEO, bringing over 16 years of global operational expertise to accelerate its exploration and project development efforts.

Dreadnought Resources reports a 36% increase in high-grade gold resources at Star of Mangaroon, secures $18 million in funding, and advances critical metals projects with promising drilling results and strategic partnerships.

Truscott Mining has secured a drilling contract to kick off a 2,500-metre RC drilling program at its Westminster Project, alongside appointing a seasoned project geology manager to steer development efforts.

Alicanto Minerals Limited has announced a 12-for-1 consolidation of its securities, including ordinary shares, performance rights, and options, effective from late January 2026. This move will significantly reduce the number of securities on issue and adjust option exercise prices accordingly.

Westar Resources reported significant progress in its December 2025 quarterly activities, including new tenement grants and advanced data acquisition at key gold and copper projects. The company also completed a partial capital raise, positioning itself for further exploration.

APC Minerals Limited has raised $264,000 through a discounted top-up placement of 66 million shares, enhancing its financial capacity to pursue new and existing projects.

Terra Critical Minerals has completed the acquisition of the True American Tungsten Project in Nevada, positioning itself to capitalise on soaring tungsten prices and supply constraints. The company plans extensive exploration in 2026 to validate and expand this historically high-grade asset.

Bass Oil reported steady December production with a notable gas sales agreement for the Vanessa field, signaling a strategic shift towards gas commercialization.

Austral Resources Australia Ltd has agreed to acquire the Lady Loretta mine from Glencore for A$45.5 million, consolidating its copper assets near the Lady Annie Copper Mine and boosting its processing feedstock. This strategic move strengthens Austral’s balance sheet and advances its vision to become a mid-tier copper producer in Queensland.

Black Bear Minerals has extended gold-silver mineralisation by 280 metres north along the Rebel Trend at its Independence Project in Nevada, signalling promising growth potential. The company plans a Mineral Resource update in Q2 2026, supported by strong funding and strategic acquisitions.