Latest Exploration And Development News

Winsome Resources has terminated its option to acquire the Renard Project, choosing instead to focus on advancing its flagship Adina Lithium Project amid shifting market conditions.

Prodigy Gold has updated its mineral resources at the Tanami North Project, increasing gold ounces to over half a million, while securing $6.35 million in a recent entitlement offer to fund further exploration and development.

GTi Energy has marked a pivotal quarter with a positive scoping study for its Lo Herma uranium project in Wyoming, securing $4.5 million in funding led by Snow Lake Energy and gaining regulatory approval to begin drilling this September.

Antipa Minerals has consolidated its Minyari Project into a 4,100km² belt-scale asset, updated its resource base to 3 million ounces gold equivalent, and secured $70.6 million in cash to accelerate exploration and development.

NuEnergy Gas Limited reports a mixed quarter with ongoing exploration costs and a strategic push towards early gas sales, while actively seeking new funding to sustain operations.

Emmerson Resources invites investors to a webinar detailing the recent scoping study of its White Devil Gold Deposit, highlighting its strategic foothold in the Tennant Creek Mineral Field.

WIN Metals Ltd has significantly expanded its Butchers Creek gold resource, boosting indicated ounces by 86% and advancing the project towards economic evaluation. Concurrent exploration successes and strategic asset sales underpin the company’s focused growth strategy.

Orbminco Limited has acquired the Majestic North Gold Project in Western Australia for $3.4 million plus royalties, unlocking near-term mining potential and significant exploration upside. Drilling programs are already in progress to validate and expand the resource.

Viking Mines reports significant gold discoveries at its Riverina East Project, including a new large gold anomaly and high-grade drill intercepts, alongside a promising underground mining study at First Hit.

Delta Lithium has completed the demerger and IPO of its Mt Ida Gold asset into Ballard Mining, raising $30 million and retaining a 46% stake, while significantly expanding its lithium project tenure in Western Australia.

Prospect Resources has kicked off an extensive Phase 2 drilling campaign at its Mumbezhi Copper Project in Zambia, confirming promising copper grades and advancing metallurgical testing. A strategic $18.5 million investment from First Quantum Minerals strengthens its financial and technical position.

Noble Helium has upgraded its North Rukwa helium resource estimate by nearly 30%, driven by fresh data and a refined charge model, setting the stage for a targeted drilling campaign.