Latest Well Development News

Skylark Minerals has acquired a high-grade gold portfolio in Côte d'Ivoire, including a flagship project with a 364,600-ounce inferred resource, marking a significant step in its West African growth strategy. The company is fully funded to accelerate exploration in early 2026, targeting resource expansion and new discoveries.

Finder Energy Holdings has outlined ambitious plans to reach a Final Investment Decision by mid-2026 for its KTJ oil development, aiming for first oil production by late 2027 and unlocking over US$1 billion in gross revenues.

Neometals reports promising initial metallurgical test results from its Ironclad Gold Deposit, highlighting up to 98% gold recovery using standard processing methods. Ongoing drilling and further studies aim to refine resource estimates and advance project development.

88 Energy Limited progresses key Alaskan exploration projects with farm-out agreements and well planning, completes a strategic divestment in Texas, and secures a license extension in Namibia, positioning itself for growth despite ongoing operational costs.

Resouro Strategic Metals has engaged Independent Trading Group to provide market-making services on the TSX Venture Exchange, aiming to enhance liquidity and trading efficiency for its shares. This move comes as the company continues to advance its significant Brazilian mineral projects.

Cauldron Energy’s recent passive seismic survey at the Yanrey Uranium Project has delineated extensive palaeochannel systems and sharpened high-priority drill targets, setting the stage for a focused exploration campaign.

Xstate Resources reports a significant overpressured gas column at its Diona-1 well in Queensland, hinting at a potentially large unconventional gas resource. Drilling continues with further data acquisition pending.

Everest Metals Corporation has expanded its Revere Gold Project by acquiring the Armstrong tenement, unveiling promising gold mineralisation ahead of its maiden resource estimate.

D3 Energy Limited highlights its exceptional helium and natural gas assets in South Africa and Australia, backed by independent resource certifications and promising production test results. The company outlines a clear path forward with key development milestones and potential partnerships.

Horizon Oil Limited reported robust FY25 financial and operational results at the RIU Good Oil & Gas Conference, highlighting sustained dividends and a clear growth strategy across its Asia-Pacific portfolio.

Otto Energy’s 2025 reserves statement reveals a 10% decline in proved reserves, balanced by strong cash reserves and steady production across key US Gulf Coast assets.

Core Energy Minerals reports significant rare earth element assay results from initial soil sampling at its Tunas Project in Brazil, with peak TREO values nearing 3,000ppm. The company is set to launch systematic auger drilling to define future targets.