Latest Exploration News

Tali Resources has appointed industry veteran John McIntyre as Chief Geologist and unveiled three promising new mineral prospects at its West Arunta Project, setting the stage for an expanded drilling campaign.

MEC Resources has successfully closed its Options Placement Offer, raising $359,162 through strong shareholder support. The fully subscribed offer sets the stage for the company’s next development phase.

High-Tech Metals Ltd has completed a $750,000 placement by issuing 3 million shares, aiming to strengthen its working capital and advance exploration at its Mt Fisher and Mt Eureka projects.

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.