Latest Mining And Exploration News

Lefroy Exploration has secured final approvals for the Lucky Strike Gold Mine, setting an accelerated timeline for mining and first gold production by March 2026. Partnering with BML Ventures, the company is poised to transition into gold production with strong financial backing.

Resolute Mining confirms steady operations at its Syama gold mine in Mali despite ongoing supply chain hurdles and unpredictable local conditions.

Forrestania Resources has completed its acquisition of North Iron Cap Pty Ltd, adding a JORC-compliant gold resource of over 100,000 ounces to its portfolio. The move strengthens its position in Western Australia’s prolific gold mining regions.

Pacific Nickel Mines Limited has agreed to sell its entire interest in the Kolosori Nickel Project to Green Rock Limited for a nominal $1, while securing a royalty agreement tied to future nickel ore shipments.

Pinnacle Minerals has launched a rapid mine restart study at the historic Lightning Peak Open Pit within its Thunder Mountain Gold-Silver Project in Idaho, aiming to revive gold and silver production using modern exploration techniques.

Dreadnought Resources has completed a significant reverse circulation drilling campaign across its Mangaroon Gold and Critical Metals projects, setting the stage for upcoming assay results and diamond drilling programs. The company is also advancing exploration at its Illaara Gold Project with Metzke’s Find drilling commencing soon.

Bayan Mining and Minerals has refined its rare earth element targets at the Desert Star Projects in California through detailed geophysical surveys, setting the stage for imminent drilling. The company’s integrated approach highlights structural controls similar to the nearby Mountain Pass district, boosting confidence in the project’s potential.

OzAurum Resources reports strong drilling results at its Mulgabbie North Gold Project and regains full control of its Feasibility Study, positioning the company for accelerated development amid record gold prices.

Alice Queen Limited has reported significant progress at its Viani Fiji Project, extending high-grade gold mineralisation over a 5km strike. The company also registered a mining lease application for its Horn Island Project and raised $1 million via convertible notes to fund ongoing exploration.

Tartana Minerals reports a significant new gold resource estimate at Cardross alongside robust copper sulphate sales and strategic board changes, positioning itself as a rising copper-gold producer in Far North Queensland.

Tombador Iron Limited is set to transform into Atomic Eagle Limited through its acquisition of GoviEx Uranium Inc, creating a new ASX-listed uranium explorer focused on Africa’s Muntanga Project. A capital raise of up to A$10 million will underpin this strategic pivot.

Manuka Resources has secured significant funding and restructured debt to support the restart of its Australian mines, while awaiting a pivotal environmental decision on its New Zealand Taranaki VTM Project.