Latest Exploration And Development News

Mount Hope Mining (MHM) has initiated its maiden drilling campaign targeting gold and base metals in the prolific southern Cobar Basin, aiming to define a JORC resource and accelerate development.

Triangle Energy and Athena Exploration have significantly upgraded gas resource estimates for the UK P2628 permit, positioning themselves among the top undeveloped gas holders in the region.

Botala Energy has raised A$1.5 million through a discounted share placement to fund critical drilling and feasibility work at its Serowe CBM Project in Botswana. Directors and the CEO are backing the raise, signaling confidence in the project’s potential.

Beacon Minerals has released a second batch of assay results from its Iguana Deposit, revealing exceptional high-grade gold intersections that bolster confidence ahead of production slated for early 2026.

Forrestania Resources has reported its first JORC-compliant inferred mineral resource at the Ada Ann gold deposit, marking a key milestone in its Bonnie Vale project near Kalgoorlie. The near-surface deposit offers promising economics with a low discovery cost and plans for expansion underway.

Rox Resources has reported multiple high-grade gold intersections from recent drilling at its Youanmi Gold Project, reinforcing its status as one of Australia’s most promising gold developments.

ARCH Emerging Markets Partners, Evolution Energy Minerals’ largest shareholder, confirms it will fully subscribe to the company’s renounceable rights issue, supporting a $1.45 million capital raise.

Mount Ridley Mines has announced a capital raising of up to $830,388 through a placement and a pro-rata rights issue, aiming to fund ongoing projects and explore new mining opportunities.

Alice Queen Limited has formally lodged a 15-year mining lease application for its Horn Island Gold Project, marking a significant step forward in its decade-long exploration journey and attracting strong partnership interest.

Patriot Battery Metals has reported a significant mineral resource upgrade at its Shaakichiuwaanaan Property, reaffirming its position as a leading lithium and caesium explorer. The company also progressed its lithium-only feasibility study and environmental assessments while maintaining a strong financial position.

Laramide Resources has made significant progress in advancing its uranium projects across the US, Australia, and Kazakhstan, highlighted by key permitting milestones under the US FAST-41 framework and a successful $12 million private placement to fund development.

Laramide Resources Ltd. reported a reduced net loss of CAD 1.05 million for H1 2025, converting USD 3.5 million of debt into equity and securing a $12 million private placement to bolster its uranium exploration projects.