Latest Exploration News

Corella Resources reports a cautious quarter with a $424,000 cash balance as it reassesses exploration plans at its Tampu Project and considers new ventures to boost shareholder value.

Lefroy Exploration Limited reported a steady cash position for Q3 2025, supported by a significant financing advance and ongoing exploration investments.

Everest Metals Corporation Ltd reported a solid cash position of A$5.0 million at the end of Q3 2025, backed by a recent equity raise and ongoing exploration investments. The company’s funding runway now extends to nearly five quarters, offering a stable platform for its exploration activities.

Magnetic Resources NL reported a strong cash position after raising $35 million in equity during the September quarter, ending with nearly $38 million in cash reserves.

Tasman Resources has clarified the reasons behind its recent share price jump, linking it to new drilling funding and a rise in its Eden Innovations investment value.

Mantle Minerals has completed the sale of Mt Roe Mining Pty Ltd for AUD 13.5 million, retaining key projects and identifying 11 new exploration targets at Yule River. A ground gravity survey is planned to refine 2026 drilling efforts.

Black Canyon Limited reported a robust cash position of A$11.6 million at the end of September 2025, supported by a strong equity raise that extends its funding runway to nearly three years.

Dreadnought Resources reported a cash outflow in Q3 2025 driven by exploration spending but significantly strengthened its balance sheet with an $18 million capital raise post-quarter.

Meeka Metals reported a robust cash position of A$34 million at the end of September 2025, despite heavy investment in project development and exploration activities during the quarter.

Altitude Minerals has acquired the Firenze Silver & Gold Project in Nevada and progressed drilling programs across its Australian tenements, backed by a $3 million capital raise. Assay results from multiple projects are expected soon, positioning the company for a busy exploration year ahead.

Tali Resources has completed its initial drilling program at the West Arunta Project, with assay results due soon, following a successful $7.5 million IPO and extensive geophysical surveys.

Patronus Resources Limited reported a significant boost in cash reserves to $7.1 million for Q3 2025, driven by strong investing activity despite ongoing operating cash outflows.