Latest Exploration And Development News

Riversgold Limited has significantly expanded its Kalgoorlie Gold Project by acquiring a new tenement, increasing the project area by 170%. This strategic move positions the company for enhanced gold production opportunities in a prolific mining region.

Boab Metals is set to list on the U.S. OTCQB market, aiming to tap into American investor interest and capitalise on rising silver prices. This move complements its ASX listing and highlights its advanced Sorby Hills project.

Orion Minerals has increased its capital raising to A$8.6 million following additional commitments from sophisticated investors, signaling growing confidence in the company’s prospects.

Aguia Resources has enhanced its capital raising by increasing free attaching options to one per new share in its $4 million entitlement issue, now open to shareholders in Australia, New Zealand, and Hong Kong.

Aguia Resources Limited has announced a non-renounceable entitlement issue to raise up to $4 million, offering new shares at 2.7 cents each alongside free options exercisable at 3.5 cents. The capital raise aims to fund key exploration projects in Brazil and Colombia.

North Stawell Minerals has confirmed Campbell Olsen as its permanent part-time CEO, aiming to leverage his expertise to advance exploration in the Stawell Mineralised Corridor.

Western Yilgarn Limited has raised $698,000 through a share placement to fund exploration and development at its key bauxite-gallium projects, backed by updated resource estimates confirming substantial alumina deposits.

Nordic Resources has raised A$1.75 million through a strategic placement with Australian resource funds to advance exploration and development of its Finnish gold projects, including the sizeable Kopsa deposit.

Altamin Limited has extended the closing date for its retail entitlement offer to 15 October 2025, aiming to raise up to AUD 6.46 million to support its mining projects.

Venari Minerals is set to close its Share Purchase Plan on 6 October, following a successful $5.5 million placement to institutional investors. Eligible shareholders in Australia and New Zealand can still apply for shares without brokerage fees before the deadline.

The Federal Court has approved QGold’s compulsory acquisition of Carawine Resources’ remaining shares at 11 cents each, setting the stage for Carawine’s imminent ASX suspension and delisting.

Critical Resources Limited has successfully completed the first tranche of its capital raising, issuing over 190 million shares and accompanying options to bolster its exploration projects. The company now awaits shareholder approval for director share issuance as it prepares for the second tranche.