Latest Exploration And Development News

Nordic Resources Ltd has initiated a 5,000m diamond drilling program at its Kopsa gold project in Finland, unveiling new magnetic targets and bolstering its senior management team. The company also raised over A$10 million in institutional capital, underpinning a combined gold equivalent resource of 1.23 million ounces across its Finnish assets.

Empire Resources has completed a 42-hole air core drilling campaign at its Yuinmery Project, targeting copper-gold mineralisation, with assay results pending. Recent reverse circulation drilling has already revealed encouraging copper-gold intercepts, underpinning the company’s exploration momentum.

IPB Petroleum advances its key Browse Basin assets with ongoing drilling discussions and a strategic board appointment, while maintaining a solid cash position.

Cobre Limited has secured a A$1.5 million investment from Sinomine International, marking a key step in advancing copper exploration at Botswana’s Okavango Project. This funding will support a targeted diamond drilling program aimed at expanding promising mineralisation near established deposits.

Magnum Mining & Exploration is advancing its strategic critical minerals projects with a focus on U.S. production and high-grade rare earth exploration in Brazil, backed by recent capital raising and government-aligned permitting efforts.

Black Canyon Limited reports robust September quarter progress at its Wandanya manganese and iron project, revealing extensive high-grade mineralisation and securing $10 million to accelerate development.

Karoon Energy reported a 12% production dip in Q3 2025 due to operational challenges but saw a 3% revenue increase driven by higher oil prices and secured a new deepwater block in Brazil.

Fortuna Metals is advancing exploration at its Mkanda and Kampini projects in Malawi, aiming to define a significant rutile resource by late 2026. Early drilling and sampling have revealed encouraging titanium mineralisation, positioning the company in a globally critical minerals hotspot.

Tivan Limited has made significant strides in its critical minerals portfolio, establishing a key joint venture, acquiring the Molyhil Project, raising $15 million, and commencing drilling at Sandover. These developments underscore its growing role in Australia’s strategic minerals sector.

Forrestania Resources Limited is set to update investors on its rapidly expanding gold resource base and strategic acquisitions in Western Australia during an upcoming webinar. The company’s disciplined approach targets production-ready assets to drive shareholder value.

Vault Minerals delivered a strong September quarter with record gold production and advancing key infrastructure upgrades, setting the stage for significant free cash flow growth in FY27.

Bellevue Gold Limited reported robust cash flow for the September quarter, enabling a substantial early repayment on its project loan and maintaining a strong cash position.