Latest Exploration Activity News

Magmatic Resources has completed its maiden drilling at the Weebo Gold Project, revealing promising high-grade gold mineralisation and securing a $3.5 million exploration budget for its Myall JV with FMG Resources.

Aureka Limited reports significant drilling successes at its Victorian gold projects, confirming resource extensions and high-grade intercepts, while initiating a strategic review of its Tandarra joint venture.

Coppermoly Limited reported ongoing exploration activities in Queensland's Mt Isa region with mixed drilling results, while securing a strategic acquisition in Western Australia targeting critical minerals. The company faces a cash outflow of $701,000 but plans further geophysical surveys to refine drilling targets.

Equinox Resources reports promising rare earth results in Brazil while facing a legal challenge over Aboriginal heritage sites at its Hamersley Iron Ore Project in Western Australia. The company also divests a Canadian asset and prepares for leadership changes.

Midas Minerals has achieved a key milestone in acquiring the Otavi Copper Project in Namibia and commenced drilling at the nearby South Otavi Project, backed by a fresh $11.5 million capital raise.

Arcadia Minerals has secured a binding farm-in agreement with Kaoko Metals for its Karibib Copper Gold Project, unlocking immediate cash and future equity incentives while advancing exploration partnerships across its Namibian portfolio.

Paterson Resources has completed a $1.7 million capital raise, positioning itself to launch an 8,500-meter drilling campaign at its Grace Gold-Copper Project in Western Australia’s Paterson Province. This program aims to upgrade the project’s resource classification and support a mining lease application.

Alara Resources has reported a significant production uplift at its Al Wash-hi Majaza mine following the commissioning of two new tailings filter presses, alongside securing the Daris 3A5 mining license and initiating drilling at the Al Mansur Prospect.

RareX Limited reports continued high-grade gallium results at Cummins Range and strategic progress on its Mrima Hill project in Kenya, backed by a $50 million funding facility and key partnerships.

BOA Resources is progressing drill plans for key lithium and nickel tenements in Western Australia, though heritage survey delays have pushed timelines. The company is also streamlining its portfolio to focus on high-potential assets.

New Age Exploration advances its Pilbara and New Zealand gold projects with promising geological results and secures $3.75 million to fund further exploration.

Sultan Resources has secured $1.1 million through a placement to fund the acquisition of three promising gold and critical minerals projects in Namibia and Western Australia, marking a significant step in its strategic expansion.