Latest Exploration And Expansion News

African Gold Ltd has announced a remarkable 119% increase in the inferred gold resource at its Blaffo Guetto prospect in Cote d’Ivoire, now approaching 1 million ounces. With $12 million in funding secured, the company is set to accelerate drilling to unlock further potential across the Didievi Project.

FireFly Metals has successfully completed a C$28.4 million Canadian bought deal as part of a broader A$70.1 million equity raising, positioning the company to advance its high-grade copper-gold projects in Canada.

FireFly Metals has completed the initial tranches of a major equity raising, securing A$66 million to advance its high-grade copper-gold projects in Canada. The company’s fundraising includes a charity flow-through placement and institutional placement, setting the stage for further capital raises.

Genesis Minerals has strategically acquired Focus Minerals' Laverton Gold Project, adding approximately 4 million ounces of gold resources near its existing Laverton mill. This fully funded $250 million bolt-on deal significantly enhances Genesis’ resource base and production outlook.

Elevate Uranium has identified a substantial uranium mineralised envelope at its Namib IV tenement, expanding the Koppies Uranium Project and setting the stage for a maiden resource estimate later this year.

Prospech Limited has successfully raised $1 million through a 50 million share placement, aiming to accelerate exploration efforts in Finland and Slovakia, with a particular focus on expanding the Korsnäs resource.

Sky Metals reports promising high-grade tin results from the first three holes of its expanded drilling program at the Tallebung Tin Project, prompting a significant increase in drilling activity to further grow the resource.

AXP Energy has completed a successful 60-day gas-to-power trial at its Pathfinder Field, delivering 1.5 MW of off-grid power and generating maiden natural gas revenue. The company is accelerating its expansion plans, backed by NASDAQ-listed BitFuFu, aiming to scale operations to 25 MW by year-end.

Mad Paws Holdings Limited reported a resilient Q3 FY25 with an 8% rise in Group Cash EBITDA despite a 6% dip in operating revenue, driven by marketplace strength and a major new brand campaign.

Global Uranium and Enrichment Limited has significantly expanded its Pine Ridge Uranium Project landholding in Wyoming’s Powder River Basin by approximately 85%, adding 937 new claims and enhancing exploration potential in a premier U.S. uranium district.

PARKD has inked a pivotal five-year exclusive licensing agreement with Fielders, a BlueScope Steel division, to commercialise its innovative MDSB® and MDSS® products in Australia and explore international expansion.

Taruga Minerals reports significant progress in Western Australia with new exploration license applications and ongoing copper project developments, alongside key corporate changes and a stable cash position.