Latest Exploration And Development News

Great Northern Minerals Limited has issued a prospectus for an underwritten offer of up to 10,000 listed options at an exercise price of $0.02 each, aiming to facilitate their quotation and trading on the ASX.

Riedel Resources has finalized drilling plans for its high-grade Kingman Gold Project in Arizona and secured $1.4 million through equity raises to fund upcoming exploration and development activities.

Pearl Gull Iron Limited has entered a binding agreement to sell its Cockatoo Island Project for A$4.5 million in cash, a 4% equity interest in Crestlink Pty Ltd, and royalties on extracted materials, with completion expected in Q4 2025.

Matsa Resources has commenced mining at its Devon Pit Gold Mine, producing over 2,600 ounces of gold, while securing a $15 million funding package to accelerate development of its Lake Carey Gold Project.

Adelong Gold Limited reports significant progress in Victorian exploration with maiden drilling confirming robust gold mineralisation, while navigating a joint venture deadlock in NSW and securing a $1.25 million strategic investment.

Orbminco Limited has completed a promising maiden drilling program at its Majestic North Gold Project, while refreshing its board and consolidating shares to sharpen its strategic focus on Australian gold assets.

Many Peaks Minerals reports standout gold assay results from its Ferké and Odienné projects, alongside a strategic land acquisition and a A$13.5 million capital raise to fuel exploration.

Cygnus Metals reports a substantial 78% increase in Measured and Indicated resources at its Chibougamau Copper-Gold Project, including a maiden resource for the Golden Eye deposit, setting the stage for an updated economic study in early 2026.

Lodestar Minerals has agreed to acquire a major heavy rare earth element project in Arizona, positioning itself near the US's only active rare earth mine amid tightening Chinese export controls. The $3.25 million placement backs immediate exploration plans.

Terra Metals has released its first Mineral Resource Estimate for the Dante Project, revealing substantial polymetallic deposits and a new thick reef discovery, backed by a $15 million capital raise to accelerate exploration.

TMK Energy has successfully drilled and commissioned its LF-07 pilot well, boosting gas production at its Gurvantes XXXV Coal Seam Gas project in Mongolia. The company also secured $3.5 million in oversubscribed funding and formed a strategic alliance to advance development plans.

Kaili Resources has responded to ASX inquiries regarding delays in confirming rare earth element assay results from recent drilling, reaffirming compliance with disclosure rules and explaining procedural factors behind the timing.