Latest Exploration And Growth News

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

True North Copper has increased its Cloncurry Copper Project mineral resources by 7% in copper and 9% in gold, underpinning ongoing feasibility studies and future drilling plans.

Critical Resources Limited reports a significant multi-commodity discovery at its Halls Peak Project in NSW, featuring a major gold-antimony-silver system at Amoco and exceptional silver grades at Gibsons.

Skylark Minerals has kicked off a major 23,000-metre drilling program at its flagship Zaranou Gold Project in Côte d’Ivoire, aiming to expand its mineral resource and uncover new gold zones. The campaign marks a rapid progression from acquisition to active exploration.

AuMEGA Metals has revealed a robust gold resource at its Cape Ray Project and identified promising new exploration targets, signalling significant growth potential in Newfoundland's gold sector.

Bellavista Resources has successfully raised A$35 million through a two-tranche placement to fund its strategic acquisition and exploration plans in Canada and Australia.

Black Cat Syndicate has completed a strategic acquisition of tenements adjacent to its Lakewood facility, significantly extending tailings storage capacity and paving the way for increased gold production.

Resolution Minerals has taken a significant step towards expanding its footprint in the US capital markets by lodging a registration statement with the SEC and launching an ADR facility, while divesting a non-core Alaskan asset to focus on key US projects.

First Au Limited has successfully raised $5.6 million in a placement to fund exploration at its Gimlet Gold Project and expand its Western Australian gold strategy.

Cyprium Metals has completed the first tranche of a A$36 million placement, positioning itself to fast-track exploration and production growth at its Nifty Copper Complex in Western Australia.

Ora Banda Mining’s Phase 1 drilling at Round Dam reveals a significant gold mineralisation system with multiple high-grade shoots, indicating strong potential for large-scale surface mining near existing infrastructure.

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.