Latest Exploration And Development News

Valiant Gold’s maiden drilling at South Emu-Triton has delivered significant gold intercepts well below the existing resource, reinforcing the deposit’s growth potential and advancing its development pipeline.

Castile Resources reveals a robust 2026 Scoping Study for its Rover 1 IOCG Project, projecting an 11-year underground mine life with five valuable metals driving strong economics and a staged development strategy.

Tartana Minerals has lodged a cleansing prospectus to enable ASX quotation of over 129 million options linked to a $4.5 million placement, with exercise price set at 5.5 cents and expiry in April 2029.

Future Metals has completed the first tranche of its placement, issuing over 214 million shares to raise A$3 million, with shareholder approval sought for the second tranche in early October.

Australian Gold and Copper Ltd (ASX: AGC) has reported extensive polymetallic mineralisation at its Evergreen Prospect, delivering high-grade gold, silver, lead, and zinc intercepts. With 17 diamond holes completed and a reverse circulation rig now targeting shallow oxide zones, the company is progressing towards an initial Mineral Resource Estimate.

Austral Gold nearly doubled its gold equivalent production in the first half of 2026, driven by the Casposo restart and Guanaco operations, delivering a US$15.5 million net profit and extending Guanaco’s mine life to 14 years.

Echelon Resources (ASX:ECH) reported a 341% jump in net profit to A$28.2 million for FY26, driven by stronger gas prices and a A$12.1 million gain from its exit of Cue Energy. The group also repaid A$37 million of debt, leaving it well positioned for upcoming gas drilling at Palm Valley.

Green & Gold Minerals posted a $886,828 loss for FY2026 amid a transformative year marked by its ASX listing and expansion into base metals exploration with the Herberton acquisition.

Almasar Minerals Limited (ASX:AMK) is launching an IPO to fund early-stage exploration across five licences in Saudi Arabia’s Arabian Shield, targeting gold and copper mineralisation.

Renegade Exploration has boosted and prolonged its loan facility to $2 million, using shares from its recent Carpentaria JV sale as additional security to support ongoing exploration.

Sentinel Metals has secured 100% ownership of the Big Springs Gold Project in Nevada, adding over 1 million ounces of gold to its portfolio and nearly doubling its North American resource base alongside its Montana project.

Bass Oil’s Bunian 6 well has met expectations by intersecting oil in key reservoirs, aiming to boost Indonesian production from 250 to 750 barrels per day. The well is expected to come online in early September, marking a significant step in the company’s growth strategy.