Latest Exploration Activities News

Stanmore Resources capped 2025 with record coal production and sales, overcoming early-year weather setbacks to meet full-year guidance and significantly reduce net debt. The company enters 2026 with strong liquidity but faces fresh weather challenges.

New Murchison Gold Limited delivered a robust December quarter with production exceeding contractual ore sales limits and unveiled high-grade drilling success at the Lydia Gold Prospect, underpinning its growth ambitions.

Canadian Phosphate Limited reported a solid cash position of AUD 2.44 million at the end of December 2025, supported by financing activities and ongoing preparations for bulk sample mining in Canada.

Odessa Minerals has identified multiple new base metal and gold prospects at its Lyndon Project through advanced hyperspectral mapping, supported by a recent $1.15 million capital raise to accelerate exploration.

Metal Hawk Limited’s recent Sub-Audio Magnetics survey at Leinster South has pinpointed a promising new gold target north of the Tysons prospect, setting the stage for a targeted drilling campaign in February 2026.

Brazilian Critical Minerals Limited reported a solid cash position of AUD 6.75 million at the end of December 2025, bolstered by a AUD 6 million equity raise and a loan facility extension. The company’s liquidity supports over seven quarters of operations, underpinning its ongoing exploration efforts.

Jindalee Lithium Limited reported a cash outflow for the December 2025 quarter but maintains a solid cash position of A$6.5 million, with an estimated funding runway of 1.67 quarters. The company remains confident in securing additional financing to support its pre-development activities.

Global Lithium Resources has released a strong Definitive Feasibility Study for its Manna Lithium Project, confirming its economic resilience, while also initiating an IPO to spin out its Marble Bar gold assets.

Strata Minerals has secured full ownership of the Zelica Gold Project in WA’s Eastern Goldfields, launched maiden drilling targeting high-grade gold, and expanded the project footprint through a strategic acquisition, supported by a $1.1 million capital raise.

Codrus Minerals reports encouraging initial diamond drilling results at its Bull Run Gold Project in Oregon, while progressing uranium exploration in Canada and executing a significant asset sale in Western Australia.

Parabellum Resources has completed Phase 3 drilling at its Miandetta prospect, confirming continuous near-surface nickel and cobalt mineralisation. The company is advancing exploration while actively seeking new precious and base metal projects.

Nordic Resources has expanded its Kopsa gold-copper project in Finland through an upsized drilling program, confirming significant new mineralised zones and securing over A$10 million in institutional funding.