Latest Exploration Activities News

Sarama Resources has secured A$2.7 million to advance exploration at its Cosmo and Mt Venn gold projects in Western Australia, while arbitration over its lost Burkina Faso permit progresses.

Sarama Resources Ltd reported a $1.22 million net loss for the first half of 2025, while completing a $2.7 million equity placement and acquiring a majority stake in the Mt Venn Gold Project in Western Australia.

Advance Metals Limited has reported strong assay results from its maiden diamond drilling program at the Yoquivo Silver-Gold Project in Mexico, revealing high-grade silver-gold mineralisation extending 60-70 metres deeper in the Pertenencia Vein. These findings pave the way for potential resource upgrades.

Miramar Resources has extended its Share Purchase Plan closing date to 27 August 2025, giving shareholders more time to invest at a 20% discount as the company awaits critical exploration results.

Great Western Exploration’s recent gravity survey at the Oval Targets in Western Australia reveals a promising core of a large VHMS copper-gold system, prompting plans for a deep drill test supported by government funding applications.

Laramide Resources Ltd. reported a reduced net loss of CAD 1.05 million for H1 2025, converting USD 3.5 million of debt into equity and securing a $12 million private placement to bolster its uranium exploration projects.

Centaurus Metals has raised $23 million through an institutional placement and share purchase plan to advance its Jaguar Nickel Sulphide Project in Brazil towards a Final Investment Decision in early 2026.

Freehill Mining reports promising copper and gold assay results from its El Dorado project in Chile, alongside progress in commissioning its second aggregates site.

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $1.45 million, aimed at funding early development and exploration activities in Tanzania. The offer includes free attaching options and is partially underwritten, with significant implications for shareholder dilution and company control.

Evolution Energy Minerals has announced a 2-for-5 renounceable entitlement offer to raise up to $1.45 million, including free attaching options and a leadership transition to Managing Director Craig Moulton.

Sipa Resources is set to begin a significant aircore drilling campaign at its Tunkillia North and Nuckulla Hill gold projects, following promising recent reverse circulation drilling results. The program aims to test both historical and new structural targets, potentially expanding the company's exploration pipeline.

WIN Metals has identified a significant 500-metre gold mineralisation trend at its Ruby Queen North prospect within the Butchers Creek Gold Project, advancing its pipeline of drill-ready targets. Rock chip samples returned grades up to 5.16g/t gold, reinforcing the project's exploration potential.