Latest Exploration And Development News

Havilah Resources has secured a $31.5 million cash payment and $15 million in exploration funding from Sandfire Resources, accelerating plans for drilling and development around the Kalkaroo copper-gold deposit in South Australia.

Hydrocarbon Dynamics Limited (HCD) is set to transform its business by acquiring the Great Bear Copper-Gold-Silver-Uranium Project in Canada, backed by a $5.5 million capital raise and plans to re-list on the ASX under a new name.

Andean Silver Limited has appointed Matthew Allen as CEO, marking a strategic leadership shift to accelerate development at its Cerro Bayo silver-gold project. Former CEO Tim Laneyrie transitions to Technical Director to focus on exploration and resource expansion.

Sunstone Metals has initiated a significant 5000m diamond drilling campaign at its Bramaderos project in Ecuador, targeting growth of the existing 3.6 million ounce gold-equivalent resource. Early trenching results at the Porotillo porphyry system bolster the potential for substantial resource expansion.

Solstice Minerals has reported robust copper-gold assay results from its Phase 1 drilling at the Nanadie Project in Western Australia, revealing significant mineralisation beyond the current resource boundaries. These findings reinforce the project's potential for substantial resource growth and underpin plans for further drilling.

Sunshine Metals has reported outstanding high-grade gold and silver intercepts from its recent drilling at the Liontown deposit, reinforcing the project's significant precious metals potential and setting the stage for an updated resource and mining study.

Minerals 260 has locked in a $220 million strategic funding deal with Franco-Nevada, boosting development and de-risking the Bullabulling Gold Project in Western Australia. This marks Franco-Nevada’s largest Australian investment to date.

Resolute Mining has outlined its 2026 production guidance targeting up to 275,000 ounces of gold and revealed ambitious plans to more than double output by 2028 through key African project expansions.

Aurum Resources has announced a significant 49% increase in Indicated Mineral Resources at its Boundiali Gold Project in Côte d'Ivoire, lifting the total resource to 3.03 million ounces and setting the stage for a pivotal Pre-Feasibility Study.

Lefroy Exploration has achieved a major milestone with its first gold production from the Lucky Strike Gold Mine, shipping three gold doré bars to the Perth Mint. The initial toll milling campaign is progressing well, with further processing capacity negotiations underway.

Legend Mining has received an $811,458 cash refund from the Australian Taxation Office for its FY2025 R&D claim, lifting its cash position to nearly $11 million.

Viking Mines has completed due diligence on its Nevada tungsten portfolio, confirming high-grade mineralisation and fast-tracking acquisition and exploration to meet urgent US supply needs.