Latest Exploration And Growth News

African Gold Limited has realised a 134% gain from selling Montage Gold shares, boosting its cash reserves to about A$16 million to accelerate exploration at its promising Didievi Gold Project in Côte d’Ivoire.

Matsa Resources has officially commenced gold production at its Devon Pit Gold Mine, marking a pivotal step in its Lake Carey Gold Project. The company also advances its AngloGold Option Agreement and outlines ambitious exploration and development plans.

Beacon Minerals reported steady gold production of 6,884 ounces in the September quarter, while strategically retaining bullion holdings amid a record A$6,448/oz gold price.

Kuniko Limited has secured new funding and is poised to commence drilling at its Commonwealth Gold-Silver Project in New South Wales, targeting district-scale precious metals in a Tier-1 jurisdiction.

Austral Gold Limited has released an updated Mineral Resource and Reserve estimate for its Casposo Mine in Argentina, underpinning plans to restart production with strong economic fundamentals. The report highlights a 74-month mine life and a compelling after-tax NPV of US$72.7 million.

Brightstar Resources has reported a remarkable 91% increase in gold production at its Laverton underground mines for the September quarter, setting a new company record. The ramp-up at the Fish mine and ongoing exploration efforts signal strong growth potential.

Finder Energy has secured half of the development funding for its KTJ oil project in Timor-Leste through a farmin agreement with TIMOR GAP, alongside an independent resource upgrade that strengthens the project's outlook for first oil by 2027.

Marmota Limited’s maiden drilling program at the Greenewood gold project in South Australia has delivered exceptional bonanza-grade gold intersections, extending a high-grade mineralised zone over 900 metres. The latest assay batch includes the highest 4m gold intersection recorded at Greenewood, underscoring the project’s growing potential.

Emerald Resources' Okvau Gold Mine production dipped in Q1 due to heavy rains, yet the company holds firm on its FY2026 output targets and ambitious expansion plans.

Xenora Minerals has successfully raised $2.1 million through a two-tranche placement to fund ongoing exploration at its Dudley Lithium Project in South Australia, positioning the company with a strong cash balance heading into the final quarter of 2025.

Westgold Resources unveils a conservative, fully funded three-year plan to increase gold production from 326koz to 470koz annually by FY28 while reducing costs. The strategy leverages existing assets and processing hubs, with key expansions and exploration investments underpinning growth.

Spirit Technology Solutions forecasts strong FY26 growth with revenue surpassing $114 million and underlying EBITDA rising between 14% and 23%. The company signals ongoing expansion through organic and potential inorganic avenues.