Latest Exploration News

Alice Queen Limited has clarified the allocation of funds from its $5.77 million rights issue, dedicating over half to Horn Island exploration, while confirming director Jianying Wang’s stake will remain substantial post-raise.

Diablo Resources has completed the first tranche of a placement, raising $764,400 through 58.8 million shares at 1.3 cents each, with a shareholder meeting planned in June to approve a further $2.7 million raise.

Corazon Mining has requested a voluntary suspension of its ASX-listed shares pending an announcement on drilling results and a potential acquisition, with trading halted from 12 to 15 May 2026.

Regener8 Resources has closed its entitlement offer, raising $1.42 million to fund the acquisition and exploration of its Srebrenica North Project, with new shares set to begin trading next week.

Diablo Resources has secured an 80% interest in the historic Horn Silver Project in Utah, a prolific high-grade silver and gold mine, supported by a $3.5 million placement to fund immediate drilling and district-scale exploration.

Tali Resources has raised $3 million through a discounted share placement to bankroll a multi-phase drilling campaign at its West Arunta Project, aiming to capitalise on recent geophysical advances.

Odessa Minerals has raised $2.65 million through a strongly supported placement and appointed Sam Brooks, an experienced geologist, to its board to boost project acquisition efforts.

Altitude Minerals has secured $1.155 million through a placement to fund drilling and target development in Nevada and New South Wales, focusing on silver, gold, and copper-gold porphyry systems.

Corella Resources has issued 205 million shares raising $2.46 million to fund its Chobe Project acquisition and working capital, with a second tranche and attaching options pending shareholder approval.

Litchfield Minerals denies undisclosed material information behind recent share price jump, pointing to public engagement, media activity, and early-stage exploration sample processing as key influences.

Terrain Minerals has locked in $1.5 million through a placement to accelerate drilling and resource studies at its Smokebush Lightning gold project, Lort River rare earths, and Carlindie lithium/gold projects.

Alchemy Resources secured a major milestone with Newcam Minerals exercising its option on Bryah Iron Ore assets, while divesting Karonie and Lake Rebecca projects to Forrestania Resources, alongside promising exploration results at Yellow Mountain in NSW.