Latest Exploration And Development News

Norfolk Metals plans a game-changing acquisition of the Ciclón Copper Project in Chile, backed by a $100 million capital raise and top-tier board appointments.

Killi Resources has agreed to acquire an 80% interest in the Lodestone Iron Ore Project, boasting a 110Mt inferred resource with premium 69% Fe concentrate, backed by a $15 million capital raise.

Felix Gold has created Frontier Antimony Refinery Corp., a US-focused refining platform with secured access to military-grade antimony ore from its Treasure Creek Project in Alaska, aiming to address critical supply gaps.

Javelin Minerals has locked in a $1.5 million strategic placement to mining executive David Geraghty at a 9.5% premium to its last share price, boosting exploration funding for key WA gold projects.

Sierra Nevada Gold (ASX: SNX) has appointed Adam Oehlman as CEO to lead its next growth phase, focusing on advancing a three-rig drilling campaign in Saudi Arabia and trial mining in Nevada.

Axel REE has appointed Dr Patience Mpofu as Managing Director, positioning the company to advance its rare earths portfolio from exploration into commercial development with planned in-situ recovery trials.

Invictus Energy confirms the Petroleum Production Sharing Agreement for its Cabora Bassa Project is material information disclosed promptly following government notification.

A new geophysical survey at EV Resources’ Los Lirios project in Mexico reveals extensive sulphide anomalies and a structural fault network, significantly expanding the exploration footprint and sharpening drill targets ahead of a maiden resource estimate.

Sunshine Metals has agreed to sell its Hodgkinson Project to EQ Resources for $250,000, freeing up capital and management bandwidth to accelerate gold production at Mt Moss and exploration at Sybil.

Heavy Rare Earths Limited has appointed Jason Barnett as Managing Director and CEO, aiming to leverage his extensive mining experience as the company advances its critical minerals projects and prepares for a maiden drilling campaign.

Rimfire Pacific Mining will increase its interest in the Avondale Project to 60% after Golden Plains Resources vested its 40% stake. The project holds significant scandium deposits in NSW's Fifield District, with Rimfire set to manage the joint venture and fund future exploration alongside its partner.

Forrestania Resources has launched a recommended off-market takeover bid for Zenith Minerals, valuing Zenith at about A$93.5 million with a 46.7% premium. The deal aims to create a larger, diversified Western Australian gold explorer and developer.