Latest Exploration And Development News

Carnavale Resources secures $7.1 million through placement and rights issue to advance the Kookynie Gold Project with a Bankable Feasibility Study underway and a strategic board reshuffle.

Aurum Resources has announced a significant 53% increase in Indicated Resources at its Boundiali Gold Project in Côte d'Ivoire, lifting the total Indicated ounces to 0.92 million and maintaining total resources at 2.41 million ounces. This milestone underscores the company's rapid drilling capabilities and sets the stage for a Pre-Feasibility Study expected in early 2026.

Oakajee Corporation has initiated a 28-hole aircore drilling program at its Paynes Find Gold Project in Western Australia, aiming to build on promising gold anomalies identified earlier this year.

Kaiser Reef reports a strong start at the Henty Gold Mine with over 8,000 ounces produced in its first full quarter of ownership, while advancing exploration and plant upgrades.

Riversgold Limited has secured a grade control drill rig to commence drilling at its Northern Zone Kalgoorlie Gold Project, aiming to expand the gold mineralisation footprint between previously identified zones.

Equinox Resources announces CEO Zac Komur will step down in November, with the Board launching a search for his successor amid ongoing development of the Hamersley iron ore project and strategic expansion plans.

Riversgold Limited has significantly expanded its Kalgoorlie Gold Project by acquiring a new tenement, increasing the project area by 170%. This strategic move positions the company for enhanced gold production opportunities in a prolific mining region.

Boab Metals is set to list on the U.S. OTCQB market, aiming to tap into American investor interest and capitalise on rising silver prices. This move complements its ASX listing and highlights its advanced Sorby Hills project.

Orion Minerals has increased its capital raising to A$8.6 million following additional commitments from sophisticated investors, signaling growing confidence in the company’s prospects.

Aguia Resources has enhanced its capital raising by increasing free attaching options to one per new share in its $4 million entitlement issue, now open to shareholders in Australia, New Zealand, and Hong Kong.

Aguia Resources Limited has announced a non-renounceable entitlement issue to raise up to $4 million, offering new shares at 2.7 cents each alongside free options exercisable at 3.5 cents. The capital raise aims to fund key exploration projects in Brazil and Colombia.

North Stawell Minerals has confirmed Campbell Olsen as its permanent part-time CEO, aiming to leverage his expertise to advance exploration in the Stawell Mineralised Corridor.