BPM Minerals has kicked off a significant 3,000m drilling campaign at its high-grade Beachcomber Prospect within the Forelands Gold Project, backed by a recent $3.5 million capital raise. Assay results expected early next year will be closely watched for signs of a major new gold resource in Western Australia.
GoldArc Resources has signed a Letter of Intent with Mineral Mining Services to jointly develop the Leonora South gold project, aiming to accelerate production with minimal capital outlay. The deal includes a drill-for-equity arrangement to preserve cash for exploration.
An independent study confirms Condor Energy’s Piedra Redonda gas field offshore Peru offers multiple viable pathways to early monetisation and long-term growth, positioning it as a strategic regional energy asset.
Bass Oil Limited reported steady April production and a strategic acquisition of the Vanessa gas field, positioning itself for future gas market entry.