Latest Exploration And Development News

Ballard Mining has raised $20.6 million through a premium share placement led by new strategic investor Aurenne Group Holdings, aiming to accelerate exploration and resource growth at its Mt Ida Gold Project. A new, substantial October 2025 Exploration Target highlights significant upside beyond the existing mineral resources.

Boss Energy Limited reported a solid cash flow performance for the September 2025 quarter, ending with nearly A$48 million in unrestricted cash, underpinning its ongoing uranium exploration and development activities.

Alligator Energy has commenced construction of its pivotal Samphire Field Recovery Trial, marking a significant shift from exploration to development. The company also bolstered its leadership team to support this growth phase and reported promising exploration results at its Big Lake Uranium Project.

Odyssey Gold Limited has reported significant progress on its Tuckanarra Gold Project, including a positive Mining Technical Study, robust drilling results, and a $4 million capital raise to fund ongoing exploration and development.

Centaurus Metals has secured the Rio Novo Copper-Gold Project adjacent to its Boi Novo asset in Brazil’s prolific Carajás Mineral Province, boosting its regional landholding and exploration potential. The acquisition comes with promising historical drill results and immediate plans to integrate Rio Novo into ongoing exploration efforts.

Alkane Resources has reported a record quarterly operational cash flow of A$73 million and gold equivalent production of 30,511 ounces, reflecting the successful integration of Mandalay Resources. The company remains on track to meet its full-year guidance amid ongoing exploration and development progress.

Sierra Nevada Gold (ASX, SNX) advances its Nevada gold projects with high-grade results and a new mining permit, while pursuing exploration licenses in Saudi Arabia and raising A$9.65 million in a strategic placement.

Grand Gulf Energy progresses its Petroleum Exploration Licence application offshore Namibia and advances seismic survey planning for its Red Helium project, while exploring strategic partnerships to enhance growth.

West Coast Silver has reported spectacular high-grade silver intercepts at its Elizabeth Hill project in the Pilbara, triggering a fully funded Phase 2 drilling campaign. The company closed the quarter with a strong cash position following a $6.1 million placement.

Ardiden Limited has agreed to merge with Lac Gold Limited, acquiring the advanced Rouyn Gold Project and creating a well-funded dual-asset gold explorer with a combined resource of 1.66 million ounces. The deal, backed by strong shareholder support and a $10 million capital raise, positions Ardiden for growth in two Tier-1 Canadian jurisdictions.

Siren Gold Limited has bolstered its leadership and financial position while delivering encouraging exploration results across its New Zealand gold and antimony projects, setting the stage for resource expansion and development progress.

Benz Mining Corp. has completed the acquisition of the remaining 25% interest in its Quebec-based Eastmain Gold Project and Ruby Hill Properties, consolidating full ownership and enhancing its strategic gold portfolio.