Latest Exploration And Expansion News

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.

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.

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.

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.

Gibb River Diamonds has secured a key mining lease at its Edjudina Gold Project and lodged a mining proposal to kickstart operations at the Neta Prospect, alongside announcing a new JORC Inferred Resource for historic leach pads.

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.

Evion Group has initiated shipments from its expandable graphite joint venture in India, securing initial sales of A$2 million, while making significant progress on mining licenses and community support for its Maniry Graphite Project in Madagascar.

Flagship Minerals has identified six new copper targets through a stream sediment survey at its Rosario Copper Project in Chile, with three targets ranked as high priority, confirming extensive copper mineralisation across the site.