Latest Exploration Activities News

Vita Resources has raised $2.9 million through a heavily supported share placement to accelerate exploration at its Australian and Canadian projects, while pursuing new gold and critical minerals opportunities.

Perseus Mining has boosted its on-market share buy-back program by A$50 million to A$150 million, reflecting confidence in its balance sheet and cash flow generation while maintaining funding for organic growth.

Nordic Resources has punched a new high-grade gold assay record at its Kopsa project in Finland, confirming a significant northern extension to the deposit. Early 2026 drilling reveals grades far surpassing previous intersections, setting the stage for a resource update later this year.

Catalina Resources has validated significant historical gold mineralisation across its newly acquired Mid-West portfolio in Western Australia, bolstering its position near key regional mining infrastructure and preparing for maiden drilling campaigns.

Australian Gold and Copper Ltd’s maiden drilling at Evergreen reveals significant copper and gold mineralisation, underpinning plans for a Mineral Resource Estimate.

Mt Malcolm Mines has successfully closed a $1.04 million rights issue, securing capital to advance a processing plant feasibility study and exploration at its Malcolm Gold Project in Western Australia.

White Cliff Minerals finalises sale of Great Bear Project, receiving A$1.2 million cash and 230 million Great Bear Exploration shares while retaining near 10% stake.

MRG Metals has lodged a key Mining Right Conversion Application in South Africa for its Garies Rare Earth Project, setting the stage for scalable mining development supported by strong metallurgical results and a modular processing approach.

Energy Transition Minerals (ASX: ETM) has identified ten new rare earth mineralised zones at Kvanefjeld, including a significant 1.8km trend with uranium levels below Greenland’s legal threshold, but faces regulatory uncertainty as licence renewal is recommended for denial.

Pursuit Minerals has expanded its Rio Grande Sur Lithium Project in Argentina by acquiring exclusive rights over 1,362 hectares adjacent to its Mito tenement, increasing the project area to over 10,595 hectares and enhancing its lithium brine resource potential.

BPH Energy and Bounty Oil & Gas await a Federal Court judgement on their challenge against the refusal to extend the PEP-11 offshore permit. The decision, reserved since February, will be handed down mid-June, potentially shaping the companies' exploration prospects.

Great Northern Minerals Limited has voluntarily suspended trading of its securities on the ASX pending an updated Mineral Resource Estimate for its Iron Butte Gold-Silver Project, with trading expected to resume by 15 June 2026.