Latest Exploration Activity News

Bindi Metals Limited has agreed to acquire up to an 80% interest in the Ravni gold project in Serbia’s prolific Raska mining district, accompanied by a $2.5 million capital raising to fund exploration activities.

Uvre Limited has gained approval for a secondary listing on the New Zealand Stock Exchange, complementing its ASX listing and enhancing access to New Zealand investors. This move aligns with its expanding gold exploration projects across New Zealand.

Tolu Minerals has raised A$60.5 million through a well-supported institutional placement to fund exploration and refurbishment at its Tolukuma Gold Mine, signaling confidence in its growth strategy.

MRG Metals has kicked off exploration at its Adriano rare earth licence in Mozambique, aiming to unlock district-scale potential alongside the adjacent Fotinho licence. Early sampling results show promising grades, setting the stage for a significant discovery.

FireFly Metals reports exceptional high-grade copper and gold drill results from its Green Bay Project in Canada, setting the stage for a significant Mineral Resource Estimate update this quarter.

Peel Mining Limited has launched a $2.5 million Share Purchase Plan offering eligible shareholders discounted shares following a $16.25 million placement. The move aims to bolster funding for exploration and corporate initiatives while giving retail investors a chance to participate.

Dundas Minerals has raised $1.1 million through a discounted share placement to fund ongoing gold exploration in Western Australia, alongside appointing a new Company Secretary to strengthen corporate governance.

Power Minerals Limited has secured an option to acquire the Gamma Heavy Rare Earths Project in California, adjacent to the Mountain Pass Mine, backed by a $4.1 million placement to accelerate exploration.

Kula Gold Limited has addressed recent share price and volume spikes, confirming no undisclosed information while highlighting exploration progress and market factors driving investor interest.

Ausmon Resources has completed a 23-hole aircore drilling program at its Parrakie tenement in South Australia, revealing encouraging preliminary rare earth element concentrations. The results pave the way for further exploration and resource definition in the Limestone Coast REEs Project.

Premier1 Lithium Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.84 million, alongside plans to rebrand as Erebus Resources Limited pending shareholder approval. The capital raise is partially underwritten and aims to fund exploration at key projects and support general working capital.

Premier1 Lithium has announced a partially underwritten entitlement offer to raise $1.84 million at a 50% discount, aiming to fund focused drilling and exploration at its Yalgoo and Abbotts North projects.