Latest Exploration And Resource Growth News

Delta Lithium has completed the demerger and IPO of its Mt Ida Gold asset into Ballard Mining, raising $30 million and retaining a 46% stake, while significantly expanding its lithium project tenure in Western Australia.

Hillgrove Resources’ latest Magnetotelluric survey at Kanmantoo reveals deep alteration zones extending over 2km and a southern extension beyond known mineralisation, setting the stage for targeted drilling at Emily Star in September 2025.

Kingston Resources reports impressive high-grade gold and copper intercepts from underground drilling at the Southern Ore Zone of Mineral Hill, reinforcing confidence in its underground mine plan and resource potential.

Dreadnought Resources has fortified its balance sheet with an $8.5 million capital raise and secured a $15 million joint venture with Teck Resources, advancing its Mangaroon gold and critical minerals projects.

Zenith Minerals has successfully raised A$3.5 million through a fully underwritten rights issue, positioning the company to fast-track exploration and resource growth at its key gold projects in Western Australia and Queensland.

Gorilla Gold reports significant high-grade gold assay results expanding the King Kong lode at its Comet Vale Project, with drilling ramping up ahead of a major resource update planned for Q4 2025.

New Frontier Minerals reports strong copper recovery from historical stockpiles at its Big One Deposit, supporting a fast-tracked production pathway through Austral Resources’ Mt Kelly facility.

Strickland Metals has agreed to sell its Yandal Gold Project to Gateway Mining for A$45 million in equity, enabling a strategic pivot to its flagship Rogozna Project in Serbia. Shareholders will receive most of the Gateway shares via an in-specie distribution, maintaining exposure to Yandal’s upside.

Ausgold Limited has released a Definitive Feasibility Study for its Katanning Gold Project in Western Australia, confirming a robust 10-year mine life with strong economic returns and aggressive exploration underway.

Verity Resources has confirmed a new gold mineralisation trend at its Monument Gold Project in Western Australia, with early drilling results at the Triton Prospect supporting follow-up resource expansion plans. The company also highlights McKenzie Well as a promising new target, setting the stage for an aggressive exploration campaign.

Great Boulder Resources has raised $12.5 million through a placement to institutional investors, positioning the company to fast-track exploration and resource expansion at its flagship Side Well Gold Project.

Southern Hemisphere Mining has partnered with FMR Resources in a conditional joint venture to explore the highly prospective Southern Porphyry Copper-Gold Target at the Llahuin Project in Chile, with drilling planned for late 2025.