Latest Australian Exploration News

S2 Resources has closed its Share Purchase Plan significantly oversubscribed, prompting a pro-rata scale back. The combined funds from the SPP and recent placement will accelerate exploration across multiple Australian projects.

Ark Mines has awarded a contract for a 2,500m drilling campaign at its Sandy Mitchell project, aiming to significantly expand its rare earth mineral resource ahead of a key feasibility study.

Magmatic Resources has completed the first stage of acquiring the Weebo Gold Project in Western Australia, securing key exploration licenses and gearing up for immediate drilling programs.

Austin Metals has reported promising drilling results from its Austin and Ashburton Projects in Western Australia, revealing high-grade gold mineralisation and a significant copper-gold system with new structural discoveries.

Silver Mines Limited has secured two historic Californian projects, Calico North and Kramer Hills, adding significant silver and gold exploration potential to its portfolio with minimal upfront cash outlay.

West Coast Silver’s first two drill holes at Elizabeth Hill reveal exceptionally high-grade silver mineralisation starting from surface, confirming the project's near-term potential and setting the stage for expanded exploration.

S2 Resources has raised A$3.5 million through a placement and share purchase plan to fund exploration across multiple Australian gold and base metal projects. The capital injection aims to maintain momentum while balancing shareholder interests.

Invert Graphite has completed significant acquisitions including South Australian exploration licences and appointed a new CEO and board members, setting the stage for its next growth phase.

Constellation Resources Limited is raising approximately $2.52 million through a non-renounceable entitlement offer priced at $0.12 per share, aiming to fund exploration projects in Western Australia and support general working capital.

West Coast Silver has completed a transformative acquisition of the Elizabeth Hill Silver Project and secured $3 million in fresh capital, setting the stage for a new era focused on high-grade silver exploration in the Pilbara.

Podium Minerals has announced a significant expansion of its Parks Reef Project in Western Australia with a new inferred copper-gold resource, enhancing the project's multi-metal portfolio and increasing its payable metals basket value by 21%.

Buxton Resources has won up to A$180,000 in government co-funding to kickstart drilling at its 100%-owned Madman Project in Western Australia, advancing exploration in a promising but underexplored gold-copper region.