Latest Project Development News

Gold Mountain Limited has increased its capital raise to $2 million by issuing nearly 30 million shares at a slightly higher price, lifting its voluntary trading suspension and reinforcing its exploration ambitions.

Saturn Metals has raised $45 million through a share placement to accelerate exploration and development at its Apollo Hill Gold Project in Western Australia, aiming for key feasibility milestones by 2026.

TG Metals Limited has reported promising metallurgical test results from its Van Uden Gold Project stockpiles, confirming high gold recoveries and favorable ore characteristics. These findings pave the way for potential toll treatment agreements and support ongoing project development.

Platina Resources Limited has addressed ASX concerns over a sharp rise in its share price and trading volume, confirming no undisclosed information is driving the activity. The company points to recent project acquisition and heritage clearance announcements as possible catalysts.

Audalia Resources has completed a $500,000 placement to a sophisticated investor, issuing 20 million shares to fund critical development stages at its Medcalf Project. The capital injection aims to advance mining design, permits, and approvals while bolstering working capital.

Evergreen Lithium has identified multiple compelling gold targets at its Mt Monger Gold Project, leveraging strong historic drilling and prime infrastructure to fast-track development plans.

International Graphite Limited has attracted a significant institutional investment of up to $3 million from Pioneer Resource Partners to fund key development stages of its Springdale Graphite Project and processing operations.

Tanami Gold NL has reported robust final assay results from its 2025 drilling campaign at the historic Jims Gold Mine, confirming significant extensions of gold mineralisation. A second drilling phase has commenced, aiming to further delineate the resource before the wet season.

Podium Minerals has unveiled a breakthrough concentrator flowsheet for its Parks Reef Project, achieving approximately 80% recovery of platinum, palladium, and gold from bulk sulphide ore. This innovation promises to unlock multiple commercial pathways and de-risk project development amid tightening global PGM markets.

Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.

Flagship Minerals has raised $4 million through a share placement, including a strategic $2.5 million investment from global EPC leader Xinhai, to advance the Pantanillo Gold Project towards feasibility and development.

Infinity Metals has submitted key documentation for its San José Lithium Project mining licence in Spain, moving closer to public consultation despite delays. The company also announces executive role changes to streamline costs amid a softer lithium market.