Latest Exploration Activities News

Leo Lithium Limited reported a net cash outflow of A$3 million in operating activities for Q2 2025 but maintains a robust cash balance of A$53.3 million, supporting its operations for the foreseeable future.

Leo Lithium has received the final US$177.6 million payment from Ganfeng for its Goulamina stake and is advancing multiple lithium hard rock acquisitions, aiming to relist on the ASX.

Kingston Resources Limited reported a positive operating cash flow for the June 2025 quarter, ending with AUD 6.25 million in cash and a solid funding runway supported by a secured loan facility.

Kingston Resources has completed the $95 million sale of its Misima Gold Project, bolstering its balance sheet and enabling accelerated growth at its Mineral Hill mine in NSW. The company reports strong operational progress and promising high-grade drilling results.

Octava Minerals Limited has had its trading suspension lifted following the announcement of a proposed capital raising, signaling renewed market activity for the mining explorer.

Octava Minerals secures $1.5 million in a placement to fund exploration and due diligence for acquiring the historically promising Federation copper-zinc-silver project in Western Tasmania.

Orpheus Uranium has secured a Native Title Mining Agreement with the Wilyakali people, unlocking advanced exploration at its Radium Hill South and Mundaerno projects. This milestone sets the stage for drilling approvals expected by late 2025.

Peako Limited halted field exploration in the June quarter due to seasonal and logistical challenges, surrendered two tenements, and announced the resignation of its CEO, while maintaining a solid cash position.

DeSoto Resources has ramped up exploration at its Northern Territory Spectrum Project, deploying a second drill rig and completing a significant deep hole at the Quantum Rare Earth Deposit.

Many Peaks Minerals has reported strong progress in its Côte d’Ivoire gold projects, highlighted by robust drilling results at Ferké and a significant A$13.5 million equity raise to fund further exploration.

Talisman Mining has initiated a targeted drilling campaign at its Walkers Hill Project in NSW, aiming to test a significant gold anomaly supported by historical mineralisation and recent geophysical data. Meanwhile, a comprehensive geophysical survey at Yarindury sets the stage for upcoming drill tests.

DY6 Metals has clarified its compliance with ASX continuous disclosure rules following a material capital raising and CEO appointment, confirming timely and confidential handling of sensitive information.