Latest Exploration And Development News

Southern Cross Gold Consolidated Ltd has reported record-breaking high-grade gold and antimony intersections from its Sunday Creek project in Victoria, revealing a consistent and expanding mineral system at shallow depths.

Pantoro Gold has reported exceptional underground drilling results from the Butterfly area within its Norseman Gold Project, revealing high-grade gold mineralisation close to existing infrastructure and promising further resource expansion.

Mount Hope Mining Limited has reported progress in its Mt Solitary gold prospect drilling while posting a $1.14 million loss for the half-year ended December 2025. The company’s exploration efforts continue to focus on resource growth in the southern Cobar Basin.

Cygnus Metals has successfully raised A$25 million through a well-supported placement to fund resource expansion and technical studies at its Chibougamau Copper-Gold Project in Canada.

Legacy Minerals advances drilling at its Mascotte Silver-Gold Prospect within the Mt Carrington Project, with assay results imminent and a comprehensive Scoping Study expected in April 2026.

Westgold Resources has completed the demerger of its non-core Reedy and Comet Projects to newly formed Valiant Gold, which has attracted $75 million in oversubscribed IPO applications ahead of its ASX debut.

Australian Oil Company Limited has formalised a 12-month crude oil lifting agreement with IOR Energy for its Emu Apple Oil Field, paving the way for steady cash flow and further development in the Surat Basin.

Freehill Mining reports a temporary dip in aggregates sales amid plant refurbishment but anticipates a strong rebound with new equipment and ongoing copper-gold project development.

Sunshine Metals has launched a significant resource definition drilling program at its high-grade Liontown Gold Panel, aiming to bolster underground mining prospects and update resource estimates.

Lunnon Metals has announced a maiden Mineral Resource Estimate for its Hustler gold deposit, adding 30,200 ounces to its portfolio and setting the stage for potential open pit mining alongside the nearby Lady Herial operation.

Neometals has secured a 30-day extension to its exclusivity period with BML Ventures for the Ironclad Deposit development, allowing both parties to finalise due diligence and internal studies ahead of a joint venture agreement.

Dundas Minerals Ltd highlights its strategic focus on Western Australian gold projects, showcasing significant inferred resources and promising exploration targets at Romano and Kalgoorlie. The company’s experienced leadership and upcoming drilling programs position it well for near-term development.