Latest Exploration And Development News

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Pure Resources has completed a $1.7 million placement to fund its Garnet Hills Garnet and Graphite Project, with options to be issued pending shareholder approval.
Maxwell Dee
Maxwell Dee
23 Dec 2025
ADX Energy Ltd is gearing up to resume flow testing at its Welchau-1 well in February 2026 and plans to drill three additional shallow gas wells in Upper Austria, targeting a combined prospective resource of 8.0 BCF.
Maxwell Dee
Maxwell Dee
23 Dec 2025
Scorpion Minerals has executed a binding option agreement to acquire the Old Prospect tenements within its Pharos Gold Project, adding a JORC-compliant resource of over 21,600 ounces of gold. The acquisition consolidates tenure along a highly prospective 5km structural corridor in Western Australia’s Murchison region.
Maxwell Dee
Maxwell Dee
23 Dec 2025
Kairos Minerals has reported compelling drill results from its Mt York Gold Project, highlighting significant gold intercepts that underpin an upcoming resource update scheduled for early 2026.
Maxwell Dee
Maxwell Dee
23 Dec 2025
Rox Resources has completed a $200 million capital raise, including a $134 million second tranche placement, to fund development of its Youanmi Gold Project in Western Australia.
Maxwell Dee
Maxwell Dee
23 Dec 2025
Minbos Resources has obtained a crucial ASX waiver allowing it to issue shares under its Share Purchase Plan without the usual shareholder approval, aligning pricing with its recent Placement and aiming to maintain fairness among investors.
Maxwell Dee
Maxwell Dee
23 Dec 2025
Nova Minerals Limited has successfully closed a $20 million underwritten public offering on NASDAQ, aiming to accelerate exploration and development at its Estelle Gold and Critical Minerals Project in Alaska.
Maxwell Dee
Maxwell Dee
23 Dec 2025
Pearl Gull Iron has completed the sale of its Cockatoo Island Project, receiving $4.5 million in cash, a 4% indirect stake in Crestlink Pty Ltd, and ongoing royalties. The transaction positions the company to pursue new growth opportunities while maintaining exposure to the project’s future upside.
Maxwell Dee
Maxwell Dee
23 Dec 2025
Native Mineral Resources has completed its final gold pour for 2025 at Blackjack, producing approximately 8.36kg of gold doré and generating nearly $10 million in revenue since July. The company is set to begin drilling at the Ravenswood Gold Project in January 2026 under a joint venture with Haoma Mining NL.
Maxwell Dee
Maxwell Dee
23 Dec 2025
Forrestania Resources has declared its takeover offer for Kula Gold unconditional after securing over 76% ownership, extending the offer deadline to January 22, 2026. The move sets the stage for a reconstituted board and accelerated gold production ambitions.
Maxwell Dee
Maxwell Dee
23 Dec 2025
Capricorn Metals has secured the Yalgoo Project, significantly enlarging its Mt Gibson Gold Project tenure and setting the stage for new exploration in 2026.
Maxwell Dee
Maxwell Dee
23 Dec 2025
Tempest Minerals has agreed to sell its Yalgoo Project to Capricorn Metals for $4.5 million in cash and shares, with additional payments tied to future discoveries and production milestones. The deal, expected to complete in early 2026, leaves Tempest retaining iron rights on key tenements while refocusing on other Western Australian assets.
Maxwell Dee
Maxwell Dee
23 Dec 2025