Latest Exploration News

Redcastle Resources has secured A$2 million through a discounted share placement aimed at accelerating exploration and advancing its development projects across its Eastern Goldfields portfolio.

Hawk Resources is raising up to $5.87 million through a placement and entitlement offer to fund drilling and soil sampling at its US copper and WA scandium projects. The raise includes a non-renounceable entitlement offer and options issuance, with dilution risks for non-participating shareholders.

Corazon Mining takes a major step into gold development by acquiring the Chalice Gold Project from Westgold, backed by a $16.5 million capital raise and a near 20% strategic stake from Westgold.

Litchfield Minerals refutes any undisclosed material information behind recent share price jumps, pointing to public engagement, ongoing assays, and market dynamics as drivers of volatility.

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.