Latest Exploration And Resource Development News

Everest Metals has secured a $50,000 CSIRO Kick-Start voucher to conduct advanced geochemical studies on rubidium, lithium, and caesium at its Mt Edon project, aiming to enhance recovery processes and exploration targeting over nine months.

Mithril Silver and Gold Limited reports robust exploration progress in Mexico’s Copalquin district, delivering multiple high-grade gold-silver intercepts and mobilising a second drill rig to expand its 2025 drilling program. The company maintains a strong cash position of A$14.2 million as it advances resource growth.

EQ Resources delivered robust operational gains in Q3 FY2025, boosting mining volumes and processing throughput while advancing key plant upgrades and securing significant funding.

White Cliff Minerals has reported impressive first assay results from its maiden drilling campaign at the Rae Copper Project, revealing significant high-grade copper intersections that validate the project's potential.

Westgold Resources reported robust Q3 FY25 exploration results, drilling 83km and investing $11 million across its Murchison and Southern Goldfields portfolios, highlighting high-grade gold intercepts and advancing the Fortnum Expansion Project.

St Barbara Limited reports a strong quarter with Simberi gold production up 37% and a robust US$235 million expansion plan, while navigating a critical tax assessment review in Papua New Guinea.

Austral Resources Australia Ltd reports key operational milestones including completion of Anthill West Pit mining and a strategic MOU with New Frontier Minerals, while progressing its recapitalisation and equity raise plans.

Strickland Metals reports a substantial 2Moz AuEq increase in Serbia’s Rogozna Project resources and a near doubling of gold ounces at Western Australia’s Yandal Project, backed by a $5 million strategic placement from Zijin Mining.

Godolphin Resources has reported multiple high-grade drill results from its Lewis Ponds project, exceeding expectations and highlighting significant potential for resource growth. The company also secured $1 million in new equity funding to advance metallurgical testing and resource upgrades.

Ora Banda Mining's latest drilling at Riverina confirms deep, high-grade gold mineralisation, extending mine life and prompting a $45 million investment to accelerate exploration and infrastructure expansion.

Solstice Minerals has secured the advanced Nanadie Copper-Gold Project in Western Australia, acquiring a JORC-compliant Inferred Mineral Resource of 40.4Mt at 0.4% copper and 0.1g/t gold. The acquisition positions Solstice for growth amid strong long-term copper demand.

Brightstar Resources has reported compelling high-grade gold intercepts from its 2024 diamond drilling at the Lord Byron deposit, reinforcing the potential for expanded mining operations at Jasper Hills.