Latest Exploration And Development News

Alice Queen Limited has pushed back the closing date of its $5.77 million rights issue to 12 June 2026, giving shareholders more time to subscribe at 0.9 cents per share. The extension reflects the company's effort to maximise shareholder involvement ahead of the planned capital raise completion.

Green & Gold Minerals (ASX: GG1) has kicked off reverse circulation drilling at Copper Hills, following rock chip assays revealing extraordinary grades of silver, copper, tin, and indium across multiple prospects within its Herberton Conductor Metals Project.

Venus Metals has sold its 1% Youanmi gold royalty to Franco-Nevada for $46 million, triggering plans for $35 million in special dividends and an in-specie distribution of Rox shares to shareholders.

Bass Oil Limited offers up to 24 million free attaching options to recent placement participants, alongside nearly 8 million options to its lead manager PAC Partners, with no new funds raised from the options issue.

Dart Mining has acquired a vast tenement package in the mineral-rich Pine Creek Orogen, adding gold, copper, uranium, and tungsten prospects to its portfolio while raising A$1.3 million to fund exploration.

Havilah Resources has locked in a $105 million upfront payment from Sandfire Resources for the Kalkaroo project and signed a binding farm-in agreement with Hillgrove Resources for Mutooroo, while gearing up for regional drilling in South Australia’s Curnamona Province.

Tamboran Resources has finalized its acquisition of Falcon Oil & Gas subsidiaries, expanding its Beetaloo Basin footprint to 2.8 million net prospective acres and gearing up for an active 2026 drilling program.

Novo Resources Corp has closed Tranche 2 of its placement, raising approximately C$1.93 million and issuing options to joint lead managers and participants, while Northern Star retains a near 10% stake.

Magnum Mining pivots to exploration-led growth, focusing on its Brazilian Piracanjuba rare earth project with a major drilling campaign and fresh leadership, supported by a $7 million capital injection.

Tolu Minerals has revealed two new high-grade gold vein discoveries at its Tolukuma Gold Mine in Papua New Guinea, underpinning an ambitious near-mine drilling campaign aimed at boosting resource growth.

Sunshine Metals has secured $7.7 million through an oversubscribed Share Purchase Plan, exceeding its $3 million target, to fund the Mt Moss processing facility acquisition and Liontown mine start-up.

GreenX Metals has unveiled a substantial Exploration Target at its Tannenberg Copper Project in Germany, estimating up to 279 million tonnes of mineralisation with significant copper and silver grades. This marks a strategic shift to active exploration following extensive archival research.