Latest Project Development News

Terrain Minerals is set to begin a 3,350-meter RC drilling campaign targeting expansion of high-grade gold and silver mineralisation at its Lightning and Monza prospects in Western Australia, supported by a $1.8 million rights issue.

Hot Chili Limited has appointed two seasoned mining executives to its leadership team, enhancing its expertise as it advances the Costa Fuego copper-gold project towards definitive feasibility studies.

Canyon Resources has clarified that its recent share price jump stems from a prior port access approval announcement for its Minim Martap Bauxite Project, confirming full ASX compliance.

Brightstar Resources outlines an ambitious growth plan targeting over 200,000 ounces of gold production annually by 2029, driven by expansions at Laverton and Menzies hubs and accelerated development of the Sandstone project.

Pacgold Limited has announced a maiden JORC-compliant Mineral Resource Estimate of 854,000 ounces of gold at its Alice River Gold Project in North Queensland, underpinning an aggressive 10,000m drilling campaign to expand and upgrade the resource.

Kingsland Minerals has appointed GR Engineering Services to lead a scoping study for its Leliyn Graphite Project, aiming to unlock the economic potential of one of Australia’s largest graphite resources. The study, supported by new project management expertise and existing off-take agreements, is set to complete by year-end.

Ioneer Ltd reveals promising Falcon gravity concentration testwork results that enhance lithium grade and yield at its Rhyolite Ridge project, underpinning future expansion potential.

Chalice Mining reports significant metallurgical improvements at its Gonneville Project, boosting metal recoveries and revealing a promising iron byproduct that could enhance project economics.

Lefroy Exploration has kicked off a major grade control drilling campaign at its Lucky Strike Gold Project, fully funded by partner BML Ventures, aiming to underpin mining operations slated for the second half of 2025.

Magnum Mining & Exploration has completed its acquisition of Palmares Estudos Geologicos LTDA, securing a significant rare earths landholding in Brazil after an extended due diligence process.

Citigold Corporation Limited has faced intense ASX scrutiny following an adverse auditor opinion on its half-year financials, centering on a $20 million impairment of exploration assets. The company defends its valuation approach despite funding uncertainties and regulatory questions.

Anax Metals has locked in a $3.3 million convertible note investment from Mineral Development Partners, with conditional commitments for up to $100 million to advance the Whim Creek Project and establish a Pilbara base metals hub.