Latest Exploration And Expansion News

Critical Minerals Group (CMG) has made significant strides in its vanadium battery energy storage solutions and upstream mine development, supported by a $2.7 million entitlement offer. The company is targeting delivery of vanadium flow battery projects by 2026 amid growing demand for long-duration energy storage in Australia.

Top End Energy has made significant strides in its Serpentine Natural Hydrogen Project in Kansas, expanding its leasehold and initiating a farm-out process amid growing industry interest. Meanwhile, exploration continues in Australia’s Beetaloo Basin as the company prepares for a U.S. investor push through an upcoming ADR listing.

Trek Metals advances exploration at its Christmas Creek Gold Project, confirming promising orogenic gold mineralisation at Martin and unveiling a large intrusion-related copper-gold system at Coogan-Brockhurst-Jobs, prompting an expanded drilling program.

Lefroy Exploration has released final assay results from its Lucky Strike gold deposit, confirming a robust high-grade, near-surface gold model and advancing plans for mining operations in 2025.

Anagenics Limited reports improved operating cash flow and strong sales from its Bouf Haircare brand, while exploring international expansion and a key licensing deal.

Larvotto Resources has opened a $5 million Share Purchase Plan offering shares at a 13.5% discount to fund key development and exploration activities at its Hillgrove Project in NSW.

Metro Mining Limited has reported record Q2 shipments and site EBITDA margins, driven by a fully operational expansion and a robust bauxite market. Operational challenges from a tropical storm have been resolved, and exploration activities are accelerating.

FireFly Metals reports exceptional infill drilling results at its Green Bay Copper-Gold Project, confirming strong mineral continuity and setting the stage for a resource upgrade and mining feasibility studies.

Iltani Resources reports continued high-grade silver-indium intersections from recent drilling at its Orient West project, reinforcing its status as Australia’s premier silver-indium discovery. The company is on track to deliver an initial JORC Resource estimate by the end of July 2025.

Peak Minerals reports a significant expansion of heavy mineral zones at its Minta Rutile Project in Cameroon, with consistent rutile mineralisation confirmed across a vast 1,500 square kilometres. The company advances toward a maiden Mineral Resource Estimate in 2026, supported by promising alluvial and residual assay results.

Hillgrove Resources has intercepted significant copper-gold mineralisation well below the existing resource at its Kavanagh deposit, opening new targets for resource expansion. The latest underground drilling results reinforce confidence in the Kanmantoo mine’s long-term potential.

Develop Global Limited has raised $180 million through a well-supported institutional placement to accelerate development at its Sulphur Springs and Woodlawn projects, aiming to extend mine lives and capitalize on new partnership opportunities.