Latest Exploration And Development News

Encounter Resources has reported robust December quarter results, highlighting significant high-grade niobium and rare earth element discoveries at its Aileron Project, alongside promising copper anomalies in Western Australia’s Paterson Province. A $25 million placement aims to accelerate exploration and development.

Sun Silver Limited has reported a substantial 59 million ounce silver equivalent increase in its Maverick Springs mineral resource, now totalling 539Moz AgEq, alongside commencing U.S. OTCQX trading and appointing a strategic advisor to boost U.S. government engagement.

Middle Island Resources has completed a strategic acquisition in Serbia, backed by a $3.4 million capital raise, and reported promising high-grade drilling results at its Bobija Project, signalling a significant step forward in its exploration ambitions.

Brookside Energy delivered steady production and strong cash flow from its Anadarko Basin assets in the December 2025 quarter, while advancing its Riverbend project and continuing an active share buy-back program.

Lunnon Metals has secured unconditional status for its Ore Purchase Agreement with Gold Fields and approved mining at Lady Herial, backed by a robust feasibility study projecting strong cash flows. Exploration continues aggressively across its gold and nickel projects in Western Australia.

New Frontier Minerals has completed its maiden drilling campaign at Harts Range and secured a binding commercial framework with Metallium Ltd, unlocking a novel processing pathway for heavy rare earth elements. Meanwhile, progress at its NWQ Copper Project and a successful capital raise position the company for growth.

Alchemy Resources’ recent Induced Polarisation survey at the Yellow Mountain Copper Project in NSW has revealed two significant new drill targets, expanding the project’s mineralised footprint and reducing exploration risk.

Energy Metals Limited reported steady progress in its uranium exploration projects across the Northern Territory and Western Australia, supported by a robust cash position and a bullish uranium market outlook.

Western Gold Resources has secured board approval to mine its wholly owned Gold Duke Project, backed by a $6.75 million oversubscribed placement and a robust updated resource estimate of 277,000 ounces of gold. Mobilisation is set for early 2026 as the company advances towards production.

Manhattan Gold Corporation reports promising assay results from its Hook Lake Gold Project in Nunavut, Canada, confirming high-grade gold and polymetallic mineralisation across multiple prospects. The company plans to commence maiden drilling in April 2026 following a delayed aeromagnetic survey.

Power Minerals delivers robust December quarter results with standout rare earth and niobium drilling at Santa Anna, while reclaiming full ownership of its Rincon lithium project to accelerate development.

Turaco Gold has reported significant progress at its Afema Project in Côte d’Ivoire, with the December quarter delivering a 4.06 million ounce gold resource and promising drilling results pointing to further expansion in early 2026.