Latest Exploration And Development News

Mithril Silver and Gold Limited has successfully closed a C$11.5 million brokered private placement, positioning the company to advance its Copalquin district project in Mexico while bolstering working capital.

Many Peaks Minerals has reported strong progress in its Côte d’Ivoire gold projects, highlighted by robust drilling results at Ferké and a significant A$13.5 million equity raise to fund further exploration.

Australian Silica Quartz Group reports promising gold exploration results at Koolyanobbing Metals Project while ending its Quartz Hill joint venture, maintaining a solid cash position and listing rural properties for sale.

West Coast Silver Limited has updated its assay data for the Elizabeth Hill Silver Project, reporting significant silver grades up to 490 g/t alongside elevated copper and gold values. The findings hint at new mineralised zones beyond the historic mine footprint.

Corella Resources has successfully raised over $1 million through a Rights Issue and Placement, positioning itself to advance exploration and development at its Tampu Project and other tenements.

Tivan Limited has forged binding joint ventures with Sumitomo Corporation and JOGMEC, secured significant equity investments, and launched a major drilling campaign to advance its Speewah Fluorite Project in Western Australia.

European Lithium has sold 0.5 million shares of Critical Metals Corp to a US institutional investor for approximately US$1.8 million, underscoring the significant value of its remaining stake.

Cue Energy Resources reports steady production with a 29% increase in Australian cash receipts and a major milestone at its Maari field, signaling growth and resilience amid operational challenges.

Capricorn Metals has announced a definitive plan to acquire Warriedar Resources, consolidating key Western Australian gold assets and enhancing production capacity. The all-scrip deal offers Warriedar shareholders a 29% premium and positions Capricorn for a combined 9.1 million ounce gold equivalent resource.

Perpetual Resources has addressed ASX concerns over recent trading activity, attributing the surge to its latest drilling progress and positive market sentiment in Brazilian minerals.

InVert Graphite Limited has successfully raised $3.5 million and resumed ASX trading following key acquisitions and promising initial trench results at its Morogoro Graphite Project.

FireFly Metals has identified 325 promising geophysical targets at its Green Bay copper-gold project in Newfoundland, using advanced airborne surveys, and is accelerating drilling with strong financial backing.