Latest Exploration And Development News

SQX Resources has completed its acquisition of an 80% interest in AM6 Pty Ltd, gaining control of two promising gold and silver projects in Montana and Arizona. The move is bolstered by recent high-grade sampling results and the appointment of a seasoned executive director.

Aurum Resources has taken a major step forward at its Boundiali Gold Project in Côte d'Ivoire by lodging three mining licence applications covering over 570 square kilometres, setting the stage for a busy 2026 with extensive drilling and resource updates.

Solstice Minerals has ramped up its reverse circulation drilling program at the Nanadie Copper-Gold Project in Western Australia, aiming to significantly grow its existing resource amid encouraging geological signs and a buoyant copper market.

MinRex Resources Limited and Electrum Discovery Corp. have agreed to merge, creating a well-capitalised gold-copper exploration company with advanced projects in Serbia and Australia. The combined entity aims to accelerate resource growth and exploration across two Tier-1 jurisdictions.

Taiton Resources has completed the first tranche of its capital raising, issuing 3.38 million shares to sophisticated investors, with a larger tranche still pending. This move aims to bolster funding for its mineral exploration projects across South Australia and New South Wales.

Chariot Resources has inked a non-binding MOU with Shanghai GreatPower to collaborate on lithium offtake, financing, and processing in Nigeria, marking a significant step in developing the country’s lithium sector.

FireFly Metals has doubled its Share Purchase Plan to A$10 million following overwhelming investor interest, boosting total funds raised to nearly A$247 million to accelerate drilling and studies at its Green Bay Copper-Gold Project.

Blackstone Minerals announces the resignation of Managing Director Scott Williamson, appointing Geoff Gilmour as Executive Chairman during the search for a new CEO. The board also welcomes geologist Greg Cunnold to strengthen technical expertise amid this transition.

Kalamazoo Resources has raised $8 million through a placement and launched a $2 million share purchase plan, aiming to fuel exploration and development across its gold projects.

Panther Metals has completed a $315k shortfall placement, bolstering its funding as it plans deeper drilling at Burtville East and initiates a strategic review of its Coglia project in response to soaring cobalt prices.

Beacon Minerals has agreed to sell its Mt Dimer tenements to Forrestania Resources for A$50,000, marking a strategic move to focus on core assets and reduce costs.

Adavale Resources has announced a maiden JORC Inferred Mineral Resource of 115,000 ounces of gold at its London Victoria Mine, alongside completion of Phase 2 drilling and plans for further exploration to drive near-term production.