Latest Exploration And Development News

Morella Corporation has restructured its joint venture with Lithium Corporation, gaining 100% ownership of key Nevada lithium assets and streamlining its exploration portfolio.

Rox Resources has appointed Byrnecut Australia as the underground mining contractor for its Youanmi Gold Project, marking a key step toward production. The two-part contract will see initial exploration decline development followed by full-scale mining upon a positive investment decision.

Black Cat Syndicate has integrated strong grade-control drilling results from its Fingals deposit into mine plans, with mining set to begin late September 2025. Concurrently, the Lakewood processing plant is undergoing key upgrades to support ongoing production.

CZR Resources has completed the sale of its Robe Mesa Iron Ore Project, netting over A$70 million and wiping out its debt. The company is now poised to accelerate exploration across its remaining Western Australian assets.

Triton Minerals Limited has received A$554,000 as part of a settlement with NQM Gold 2 Pty Ltd, while their ongoing legal dispute is adjourned to late September. This development bolsters Triton's financial footing as it navigates the next phase of its settlement agreement.

Resources & Energy Group Limited has received official approval to expand gold vat leach operations at its Maranoa Deposit, marking a significant step from trial to full-scale production.

AuKing Mining has locked in a A$5 million credit facility with RiverFort Global Capital to fast-track exploration and development at its Cloncurry Gold Project, setting the stage for near-term gold production in Queensland.

Aguia Resources has landed a $1 million institutional investment from Precious Metals Capital Group to accelerate development of its Santa Barbara Gold Project, with potential for an additional $2 million funding tranche.

Rumble Resources has launched a $9 million capital raise to accelerate development at its Western Queen gold and tungsten projects, targeting near-term production by late 2026. The company also highlights significant resource upgrades and seeks partners for its Earaheedy base metals project.

Snow Lake Energy has completed its strategic investment in American Uranium Limited, acquiring a 9.9% stake and board representation, strengthening ties between adjacent uranium projects in Wyoming amid a U.S. nuclear energy resurgence.

TG Metals Limited has revealed new soil assay results that extend the gold mineralisation strike at its Van Uden project from 2.5 to 6.5 kilometres, setting the stage for imminent drilling. Historical shallow drilling had left much of this potential untested, offering a promising opportunity to expand the resource.

Minerals 260 Limited has reported exceptional high-grade gold intercepts at its Bullabulling Gold Project, prompting a significant increase in its drilling program from 80,000 to 110,000 metres. The new results reinforce the potential to expand the current 2.3 million ounce resource and support an updated Mineral Resource Estimate by December 2025.