Latest Project Advancement News

Norwest Minerals is raising $1.89 million through a partly underwritten 1-for-4 entitlement offer priced at $0.007 per share to fund key stages of its Bulgera Heap Leach Scoping Study and secure solvency for FY2026. The offer is supported by director and major shareholder commitments and opens to eligible shareholders on 21 July 2026.

Lodestar Minerals’ latest drilling at Ned’s Creek delivers strong high-grade gold intersections, underpinning its 250,000-300,000 oz Exploration Target and setting the stage for a maiden resource estimate in 2026.

Freehill Mining has signed a non-binding MOU with Austral Gold to fast-track copper and copper-gold project development in Chile, leveraging Austral’s operational expertise to boost Freehill’s strategic growth.

Arika Resources is mobilising for its biggest ever drilling push, with a 20,000-metre program focusing on high-grade extensions and new targets at its Western Australian gold projects.

Ramelius Resources delivered 192,182 ounces of gold in FY26, meeting guidance for the sixth straight year, boosted production by 40% in the June quarter, and progressed major projects including Mt Magnet upgrades. The company also announced the $300 million sale of the Edna May hub, positioning itself as a significant shareholder in Forrestania Resources.

Brightstar Resources has delivered a fresh wave of high-grade gold assay results from its Sandstone Gold Project, reinforcing the scale and development potential ahead of a Mineral Resource update and Pre-Feasibility Study.

Anson Resources has secured backing from three Utah congressional representatives for its $85 million Department of Energy grant bids, targeting development of its Green River Lithium Project in Utah.

Verity Resources has identified a significant new gold-in-soil anomaly at its recently granted Gum Well tenement, opening a fresh exploration front at its Monument Gold Project in Western Australia.

Wildcat Resources has delivered promising early metallurgical results from its Bolt Cutter Central lithium discovery in WA’s Pilbara, showing spodumene recoveries averaging 82.5% using flotation methods from its Tabba Tabba project. Exploration drilling has extended the mineralised footprint to over 2.3km with multiple significant lithium intercepts.

Pioneer Minerals has completed a critical airborne VTEM survey over its Springfield Tungsten-Gold-Gallium Project in Idaho, setting the stage for maiden drilling after integrating multiple datasets and securing key approvals.

Krakatoa Resources (ASX: KTA) has raised $1.6 million through a placement to fund its 2026 drilling and development program at the Zopkhito Antimony-Gold Project. The capital will support efforts to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate, alongside metallurgical and environmental studies.

Riversgold has been granted a 21-year mining lease for its Northern Zone Gold Project near Kalgoorlie, clearing a major hurdle for development and triggering full funding from Mega Resources under a profit-sharing agreement.