Latest Exploration News

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.

Sultan Resources has increased its capital raising to $1.1 million through additional investor interest, with key approvals pending at the upcoming AGM. The funds aim to accelerate exploration at its promising projects in Namibia and Western Australia.

Redcastle Resources Limited has announced a 10-for-1 security consolidation affecting its ordinary shares and multiple option classes, set to take effect in late 2025. This move aims to streamline the company's capital structure ahead of key upcoming milestones.

Strategic Energy Resources (SER) has addressed recent unusual trading activity in its shares, attributing the price and volume spikes to external market factors while highlighting ongoing drilling projects in Queensland.

ActivEX Limited has completed a significant $800,000 share placement to True Creation Limited, aiming to strengthen its financial footing and advance exploration projects.

Buxton Resources has promoted Martin Moloney from CEO to Managing Director, signaling a strategic leadership shift as the company continues its exploration efforts. Meanwhile, Non-Executive Director Jared Jacob departs to join Sandfire Resources.

Magnum Mining and Exploration Limited has had its trading suspension lifted following a key announcement on capital raising, reopening the stock to market activity.

Magnum Mining and Exploration Limited has voluntarily suspended trading of its shares pending a significant capital raise announcement, signaling a pivotal moment for the company.

Omnia Metals Group has addressed ASX concerns over unusual trading activity, confirming receipt and forthcoming disclosure of assay results from its Salt Creek drilling program.

Lake Resources N.L. has announced a pro-rata entitlement offer of Loyalty Options, providing existing shareholders with a cost-free opportunity to increase their stake in the company over the next three years.

Peel Mining Limited has launched a $2.5 million Share Purchase Plan offering eligible shareholders discounted shares following a $16.25 million placement. The move aims to bolster funding for exploration and corporate initiatives while giving retail investors a chance to participate.

Indiana Resources has secured a definitive tax ruling from the ATO clarifying that its recent $0.05 per share capital return is not a dividend, shaping the tax implications for shareholders.