Latest Exploration News

Conico Ltd is set to raise $85,000 through a follow-on share placement at $0.008 per share, targeting strategic shareholders to meet excess demand from its recent entitlement offer.

Askari Metals has addressed an ASX query regarding the late filing of a director's securities interest notice, attributing the delay to awaiting regulatory guidance following an inadvertent related party securities breach.

Pursuit Minerals Limited has had its trading suspension lifted following the release of its Pre-Feasibility Study and a capital raising announcement, signaling renewed investor interest.

Corella Resources shifts exploration focus to Bonnie Rock and Earoo tenements while progressing a $1 million capital raise and exploring joint venture options for its Tampu Project.

Cosmos Exploration Limited has extended its option agreement with EAU Lithium Pty Ltd and focused on a strategic review of its asset portfolio during a seasonal exploration hiatus. The company is positioning itself for targeted activity in 2026 despite cash constraints.

North Stawell Minerals Ltd reported a solid cash position of AUD 1.6 million at the end of December 2025, supporting just over two quarters of funding as it advances its exploration program. The company plans additional capital raises to sustain operations through 2026.

Kalamazoo Resources reported a $340,000 cash outflow for the December quarter, with cash reserves dwindling to $284,000. The company has since raised $8 million through a January placement and is pursuing further funds via a share purchase plan.

Tusker Minerals reported a solid financing inflow of A$4.455 million in the December quarter, offsetting significant cash outflows from exploration and setup costs, leaving the company with A$2.2 million in cash and nearly two quarters of funding runway.

Minbos Resources Limited reported a challenging quarter with significant cash outflows but plans a $1 million share purchase plan to bolster its funding position.

Eastern Resources Limited reported a modest cash outflow from operations in the December 2025 quarter but retains a robust cash balance supporting over 18 quarters of funding.

Omnia Metals Group has completed initial drilling at its Salt Creek Project with limited mineralisation but gained valuable geological insights. The company bolstered its balance sheet with a $1.58 million placement to fund ongoing exploration and strategic acquisitions in the US.

Antares Metals reported a cash outflow in operating activities for Q2 2025 but bolstered its balance sheet with a $1 million placement, positioning itself for focused exploration in Western Australia.