Latest Exploration And Development News

Lunnon Metals reports standout drilling results at Lady Herial, revealing thick, high-grade gold mineralisation beyond current open pit plans and setting the stage for expanded mining activity.

Antilles Gold has officially commenced construction on its Nueva Sabana copper-gold mine in Cuba, backed by a $35 million funding package and a $29.5 million EPC contract with Shandong Xinhai Mining. Initial gold production is targeted for early 2027, promising strong financial returns.

Zenith Minerals reports encouraging assay results from its Consolidated Dulcie drilling program in WA, confirming gold mineralisation consistent with its July 2025 Exploration Target and revealing high-grade intercepts. The company targets a maiden JORC Mineral Resource Estimate by late February 2026.

Kalamazoo Resources has initiated a $2 million underwritten Share Purchase Plan, offering eligible shareholders shares at a 16.4% discount to recent prices. The offer aims to fund exploration and development activities across its Victorian and Western Australian projects.

Alkane Resources delivered a robust December quarter with 43,663 ounces of gold equivalent production and a significant increase in cash and bullion holdings to A$246 million. The company maintains its FY2026 production guidance amid ongoing exploration and development.

Chariot Resources has signed a non-binding MOU with Fujian Jinjianqiao to explore offtake, financing, and local processing for its Nigerian lithium projects, aiming to accelerate commercialisation.

Parabellum Resources has confirmed continuous, near-surface nickel-cobalt mineralisation at its Miandetta prospect, extending the deposit's footprint significantly. Phase 3 drilling results reveal multiple high-grade intercepts, reinforcing the project's potential in New South Wales.

Kaiser Reef Limited reported robust gold production from its Henty and Maldon projects in Q4 2025, alongside a significant cash increase and reduced debt, positioning the company for growth amid rising gold prices.

Tambourah Metals has reported impressive high-grade gold intersections at its Tambourah Gold Project in Western Australia, highlighting strong potential for an initial resource estimate. Diamond drilling results confirm continuity of mineralisation at Tambourah King and promising findings at Alexandria and Young Australian prospects.

West Coast Silver has completed a $3.2 million placement, issuing over 16.8 million shares, to advance its high-grade Elizabeth Hill silver project, a historically prolific mine with significant exploration upside in Western Australia.

Lunnon Metals has secured the last regulatory approval needed to advance its Lady Herial gold project, bringing it closer to production under a key agreement with St Ives Gold Mining.

Unico Silver Limited has reported outstanding drill results from its Joaquin Project in Argentina, revealing wide, high-grade silver-gold mineralisation at La Negra SE. These results accelerate the project’s progression towards a Pre-Feasibility Study Mineral Resource Estimate.