Latest Exploration News

NT Minerals Limited reported a cautious cash flow profile for the March 2025 quarter, with operating outflows offset by strategic financing, securing liquidity for the foreseeable future.

Accent Resources NL reported a solid cash position of A$14 million at the end of Q1 2025, supported by prudent financing and controlled expenditure. The company’s quarterly cash flow highlights its ongoing commitment to exploration while maintaining financial stability.

Omnia Metals Group has completed a key Heritage Survey at its Salt Creek project and secured $1.59 million through private placements, coinciding with its reinstatement to the ASX official list. The company is poised to commence a significant drilling program targeting gold and copper in Western Australia.

Kalamazoo Resources Limited reported a challenging quarter with ongoing negative cash flows but plans a $0.8 million capital raise to sustain its exploration activities.

Mindax Limited reported a $7.75 million equity raise in Q1 2025, maintaining a solid cash position with nearly six quarters of funding available despite ongoing exploration expenditures.

Corella Resources has successfully completed a fully underwritten rights issue raising $935,487, positioning the company to advance exploration at its Tampu Project and consider new opportunities.

Rubix Resources Limited has advanced its exploration agenda with a $275,000 grant awarded to test the chargeability anomaly at its Grunter prospect, part of the Paperbark project. The company reported a solid cash position of $1.46 million at the end of March 2025, underpinning ongoing activities across multiple projects.

Piche Resources Limited reported a solid cash position for Q1 2025, underpinned by a significant AUD 9.14 million equity raise and a closing cash balance of AUD 5.8 million. Despite ongoing operating outflows, the company’s funding runway remains robust, offering a comfortable buffer for its exploration activities.

TechGen Metals reports compelling high-grade copper assays and airborne EM targets at Kimberley projects, with imminent drilling programs set to test promising gold anomalies in Western Australia.

North Stawell Minerals Ltd reported a significant reduction in cash reserves for the quarter ending March 2025, highlighting a potential capital raising as exploration activities near completion.

Diablo Resources Limited reported a quarterly cash outflow and holds extensive mining tenements across the US, while exploring options to extend its limited funding runway.

Askari Metals has raised $750,000 through a placement to advance its tin, tantalum, and gold projects in Namibia and Ethiopia, positioning itself for growth in African mineral exploration.