Latest Exploration Activities News

Adavale Resources has agreed to sell its Marree Embayment uranium licences to Orpheus Uranium for $650,000 cash and 5 million shares, sharpening its focus on a 166,000-ounce gold resource in New South Wales.

Orpheus Uranium has secured a binding agreement to acquire seven exploration licences from Adavale Resources, significantly expanding its Marree Project landholding in South Australia’s Northern Flinders Ranges and advancing the project to advanced exploration status.

Independent lab tests confirm helium levels over 12 times atmospheric background and hydrogen concentrations exceeding 6,200 times background at Prominence Energy's PEL 803 in South Australia, underpinning a robust subsurface gas system model.

ACDC Metals closed its non-renounceable entitlement offer raising $348,000 from shareholders, but a substantial shortfall of over 24 million shares remains to be placed.

Burley Minerals has secured A$1 million through an oversubscribed Share Purchase Plan and placement, funding maiden drilling at its Pilbara iron ore project and lithium exploration in Canada.

Cannindah Resources continues to push the boundaries of its Cannindah Breccia copper-gold deposit with new drilling extending the Southern Shoot and revealing wider, higher-grade zones in both Southern and Northern Shoots, setting the stage for a significant resource upgrade later this year.

The Primary Court of Ibra in Oman has dismissed all substantive legal claims against Alara Resources' joint venture, affirming the validity of permits and licences for the Al Wash-hi Majaza mine and allowing operations to continue unimpeded.

Azzuro Resources has reported thick, high-grade copper-gold-zinc-silver mineralisation from drillhole MU2601 at its Red Hill project, while drillhole MU2605 visually extends the massive sulphide zone by 124 metres, highlighting a substantial polymetallic system still open along strike and at depth.

Discovery Alaska has reported exceptional high-grade gold and silver results from rock samples at its Boulder Creek Project in Idaho, setting the stage for imminent drilling to test historic anomalous zones.

Alice Queen Limited has pushed back the closing date for its partially underwritten rights issue to 19 June 2026, giving shareholders more time to subscribe at 0.9 cents per share.

Nimy Resources has identified a 16km gold anomaly corridor at its Mons Project in Western Australia, including the new Corporate James prospect, and is preparing a drill program to test these promising targets.

PolarX Limited confirms multiple exceptional copper assays at its Alaska Range JV, extending mineralisation and kicking off a major 10,000m drilling campaign funded by Northern Star Resources.