Latest Exploration News

Strike Resources signals potential for an additional A$5 million capital raise through oversubscriptions, pending board approval, with new shares under Tranche 2 set to follow the Share Purchase Plan issuance.

Kingston Resources Limited reported a positive operating cash flow for the June 2025 quarter, ending with AUD 6.25 million in cash and a solid funding runway supported by a secured loan facility.

Peako Limited halted field exploration in the June quarter due to seasonal and logistical challenges, surrendered two tenements, and announced the resignation of its CEO, while maintaining a solid cash position.

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.

Perpetual Resources Limited has had its trading suspension lifted following a key update on exploration activities and a response to an ASX price and volume query.

Perpetual Resources Limited has requested a voluntary suspension of its shares on the ASX, pending important announcements related to exploration activities and a regulatory query. The suspension is expected to last until the market opens on July 24, 2025.

Rincon Resources launches a fully underwritten Loyalty Option Entitlement Offer to raise nearly $100,000, aiming to support upcoming exploration at its Western Australian gold and critical metals projects.

Dreadnought Resources Limited reported a solid cash flow quarter ending June 2025, with a net cash increase of AUD 3.1 million and a funding runway extending to five quarters. The company’s financial position reflects strategic financing activity amid ongoing exploration investments.

Dalaroo Metals has raised $1 million through a strategic placement supported by cornerstone investors including local partners in Cote d’Ivoire, while announcing the resignation of its CEO. The funds will accelerate exploration across multiple regions and support new project evaluations.

Many Peaks Limited has raised A$13.5 million through a private placement to fund its inaugural Mineral Resource Estimate and exploration at Ferke South, while also increasing director remuneration to reflect company growth.

Legend Mining Limited reported a stable cash flow for the June 2025 quarter, ending with nearly AUD 11.8 million in cash and equivalents and an estimated 32.7 quarters of funding available.

Bastion Minerals has successfully placed the entire shortfall from its recent entitlement offer, raising $263,530 and underscoring strong shareholder support for its exploration strategy.