Latest Mineral Resources And Exploration News

Dundas Minerals has secured an 80% stake in the Romano Project, an 800 km² gold exploration package adjacent to the Gruyere mine in Western Australia, unlocking new potential in a historically underexplored region.

Lodestar Minerals has defined its first Exploration Target at the Neds Creek Gold Project in Western Australia, estimating up to 300,000 ounces of gold within an open-pit framework. The company plans a significant drilling campaign in early 2026 to validate and potentially upgrade this target to a JORC-compliant Mineral Resource.

Medallion Metals has completed a Feasibility Study for its Ravensthorpe Gold Project, confirming robust economics and a clear pathway to near-term gold and copper production leveraging existing infrastructure in Western Australia.

Ardiden Ltd has completed its merger with Lac Gold, combining two premier Canadian gold projects and raising $10 million to fund upcoming drilling programs. The merger creates a stronger, cash-rich entity poised for growth in Quebec and Ontario.

Galileo Mining secures a $1 million payment as its lithium joint venture with Mineral Resources enters a two-year earn-in suspension, reshaping the Norseman project's exploration timeline.

Everest Metals has initiated a 2,500m drilling campaign at its Mt Dimer Taipan Gold Project to upgrade and extend its mineral resource ahead of mining operations scheduled for late 2025.

Austral Resources Australia Ltd has successfully completed a $40 million capital raise and is reinstated to ASX trading, positioning itself as a mid-tier copper producer with a dual-hub operation in Queensland.

Avira Resources has secured a binding agreement to acquire the high-grade Mt Cattlin Gold Project in Western Australia, backed by a $2.5 million capital raise to advance exploration and resource development.

Aurelia Metals has revealed significant exploration success at its Nymagee Mine in NSW, discovering two new mineral lenses and extending known mineralisation with promising gold and base metal grades.

VHM Limited has secured a significant offtake framework with Mitsui and a US$200 million financing interest from the US Export-Import Bank for its Goschen Rare Earths and Mineral Sands Project, alongside key environmental approvals. These milestones set the stage for a Final Investment Decision in the first half of 2026.

Barton Gold Holdings has raised $17.5 million through a placement led by Franklin Templeton and a Share Purchase Plan, aiming to commission its Central Gawler Mill by late 2026 and advance the Tunkillia Gold Project.

Cannindah Resources has kicked off a 6000-metre drilling campaign at its Mt Cannindah project in Queensland, targeting extensions of a substantial copper-gold resource and two large, underexplored porphyry targets.