Latest Exploration And Development News

Blackstone Minerals is set to merge with IDM International, combining expertise and local presence to advance exploration of the world-class Mankayan copper-gold porphyry project in the Philippines.

Infini Resources has successfully raised AUD$3.4 million through a flow-through share placement at a significant premium, positioning the company to aggressively advance exploration at its Portland Creek Uranium Project in Newfoundland.

Cyprium Metals has completed the second tranche of its placement, raising A$13.5 million through issuing over 483 million shares and accompanying options, positioning the company to accelerate development at its flagship Nifty Copper Mine.

Whitebark Energy has locked in a $2 million placement to fund its acquisition of King Energy, positioning itself at the forefront of Australia's emerging white hydrogen and helium sectors.

Cosmos Exploration has raised A$1.25 million through an oversubscribed placement to support its strategic option agreement to acquire EAU Lithium, positioning itself deeper in Bolivia’s lithium-rich Triangle.

Cyprium Metals has significantly upgraded the mineral resource estimate for its Maroochydore Copper-Cobalt Project, revealing a large, near-surface copper sulphide system with 1.6 million tonnes of contained copper. This positions Maroochydore as a promising medium-term expansion opportunity alongside the nearby Nifty Copper Complex.

Brightstar Resources has reported compelling high-grade gold intercepts from its 2024 diamond drilling at the Lord Byron deposit, reinforcing the potential for expanded mining operations at Jasper Hills.

Magnum Mining and Exploration Limited has announced a pro-rata non-renounceable entitlement offer to raise up to $1.94 million, aiming to fund exploration at its Palmares and Buena Vista projects. The offer includes new shares and free options, presenting both opportunity and dilution risks for shareholders.

Magnum Mining and Exploration Limited has launched a $1.9 million non-renounceable entitlement offer to fund its key projects, alongside significant board changes aimed at conserving cash.

AustChina Holdings has entered a binding agreement to acquire Penwortham Exploration, gaining access to promising gold-antimony and base metals projects in Tasmania’s prolific mining districts. The move positions AustChina to leverage modern exploration techniques on historically rich targets.

Altair Minerals has announced the acquisition of the Venatica Copper Project in Peru, a district-scale opportunity boasting high-grade copper mineralisation and strategic proximity to world-class mines. This move significantly expands Altair's portfolio with promising exploration potential in a globally significant copper belt.

Battery Age Minerals has successfully raised $1.5 million through a placement to advance its newly acquired El Aguila Project in Santa Cruz, aiming to unlock significant gold and silver potential.