Latest Exploration News

Nagambie Resources Limited reported a net cash outflow in Q1 2025 amid ongoing exploration spending, supported by a $3 million secured loan facility and plans for a share placement to fund future operations.

Aldoro Resources Limited has had its trading suspension lifted immediately following the release of new exploration results and a response to an ASX price query, signaling renewed market activity.

Aldoro Resources has responded to an ASX price query by releasing partial exploration assay results after a significant share price jump, citing laboratory delays and confidentiality concerns as reasons for prior nondisclosure.

Native Mineral Resources Holdings Limited reported a $3.2 million net cash outflow from operations in Q1 2025 but strengthened its balance sheet with a $4.52 million capital raising post-quarter.

Genmin Limited reported a net cash outflow in operating and investing activities for Q1 2025 but bolstered liquidity with a $3 million shareholder loan, ending the quarter with nearly $2 million in cash and equivalents.

Alchemy Resources Limited reported a modest net cash outflow in operating activities for Q1 2025 but ended the quarter with a robust cash balance supporting over 17 quarters of funding.

New Frontier Minerals Limited reported a cautious but stable cash flow position for Q1 2025, ending the quarter with $686,000 in cash and liquid investments valued at nearly $1.4 million. The company projects funding to sustain operations for approximately 1.5 quarters, relying on liquid assets and potential capital raises.

Taruga Minerals reports progress on multiple Western Australian exploration licences, highlights promising high-grade rock chip results at Thowagee, and maintains a robust cash balance of $1.8 million as it navigates regulatory challenges in South Australia.

BOA Resources Ltd reported a steady cash position of AUD 1.067 million at the end of Q1 2025, underpinning an estimated four quarters of operational funding. The quarterly cash flow report highlights disciplined spending amid ongoing exploration activities.

Dreadnought Resources Limited reported a solid cash flow quarter ending March 2025, closing with A$3.08 million in cash and securing an additional A$10.45 million in funding shortly after quarter-end.

Metal Bank Limited reported a net cash outflow in Q1 2025, with limited cash runway prompting strategic funding considerations including potential project sales.

Corella Resources has finalised its fully underwritten entitlement offer, issuing over 300 million shortfall shares and raising a total of approximately $935,000 before costs.