Latest Exploration And Development News

Xstate Resources has launched a prospectus offering nearly 97 million free attaching options to placement participants and contractors, alongside a nominal cleansing offer to remove trading restrictions on recent share issuances.

Vintage Energy has signed a formal agreement to acquire Metgasco's 25% interest in the Southern Flank joint ventures for $5.9 million, advancing its strategic position in key gas assets.

Korab Resources reports significant gold and base metals exploration progress at its Rum Jungle Project, alongside innovative mining method evaluations and ongoing legal challenges to key lease renewals.

APC Minerals Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.38 million, issuing 13 new shares for every 11 held at $0.004 each. Overseas shareholders are excluded but will have their entitlements sold by a nominee.

WIN Metals has raised A$5.5 million through a heavily oversubscribed placement to fund drilling and development at its Radio Gold Mine and Butchers Creek projects, aiming to fast-track gold production.

Heavy Rare Earths Limited has reported significant assay results from its Radium Hill project, revealing high-grade scandium, yttrium, uranium, and rare earth elements along an 8km structural corridor. These findings bolster the company’s geological model and set the stage for accelerated exploration in 2026.

Carnaby Resources reports robust new drill results from its Greater Duchess Project, revealing significant high-grade copper-gold mineralisation at the Trek 1 and Inheritance prospects. The ongoing drilling program and upcoming Pre-Feasibility Study signal advancing project development.

Australian Gold and Copper Ltd has released its inaugural Mineral Resource Estimate for the Achilles deposit in NSW's South Cobar region, revealing a substantial 38.5 million ounces silver-equivalent resource. This milestone underscores the company's growing footprint in precious and base metals exploration.

Eagle Mountain Mining is progressing its Oracle Ridge Project partnership with Nittetsu Mining, as due diligence activities intensify in Arizona ahead of a potential joint venture agreement.

Canadian Phosphate Limited has raised A$2 million to advance its sedimentary phosphate projects in Canada, targeting fertilizer and battery material markets with new drilling and technology partnerships.

Aurum Resources has reported significant high-grade gold intercepts from its ongoing drilling at the Tchaga deposit in Côte d'Ivoire, reinforcing its growth potential ahead of major resource updates scheduled for early 2026.

GreenTech Metals has agreed to acquire up to 80% of the high-grade Munni Munni Platinum-Palladium-Copper-Nickel Project in Western Australia, consolidating a significant land package and planning a drilling campaign to upgrade the resource by early 2026.