Latest Exploration Activity News

Riedel Resources Limited has launched a Share Purchase Plan offering eligible shareholders the chance to buy new shares at a 7.4% discount, aiming to raise up to A$300,000 to fund exploration activities at its Kingsman Project in Arizona.

Mount Hope Mining has significantly expanded its footprint in the prolific Cobar Basin, NSW, by securing a new exploration licence that more than doubles its landholding. This strategic move targets key mineralisation structures and sets the stage for intensified exploration.

First Au Limited has completed the initial tranche of its $1.5 million private placement, issuing over 4 million shares, while the much larger second tranche awaits shareholder approval at the upcoming AGM.

Iron Road Ltd has entered a staged Farm-In and Joint Venture agreement with Red Tiger Resources to explore the promising EL6580 tenement in South Australia, targeting heavy mineral sands and other critical minerals. The deal includes a phased investment approach with potential to increase Iron Road’s stake to 70%.

Charger Metals NL has secured a significant farm-in agreement with Rio Tinto Exploration to fund up to $43.7 million at its Lake Johnston lithium project, while confirming high-grade spodumene discoveries at multiple prospects. The company also highlights promising exploration potential at its Bynoe Lithium Project in the Northern Territory.

Infinity Mining has identified a promising new gold target at its Cangai Project in northern NSW, reviving interest in the historically rich Sir Walter Scott Gold prospect. The discovery is supported by historical assays and modern LiDAR mapping, setting the stage for upcoming exploration.

NewPeak Metals has officially appointed Mark Purcell as Managing Director, with David Mason stepping into a Non-Executive Director role, marking a key leadership transition for the base metals miner.

LinQ Minerals Limited has filed a Replacement Prospectus for its IPO to raise up to $10 million, anchored by its 100%-owned Gilmore Project in NSW with a substantial 2024 Mineral Resource Estimate. The company aims to advance exploration and development of this significant gold-copper asset in a tier-1 jurisdiction.

Tempest Minerals has completed its entitlement and shortfall offer, raising approximately $1.47 million to fund exploration projects in Western Australia.

Kali Metals has expanded gold mineralisation at its Marble Bar Gold Project to a 2km strike length, including a 600m extension into the newly acquired Peggy tenement, with high-grade rock chip results up to 19.1 g/t Au. The company is now preparing for its first drilling campaign to test these promising targets.

Enova Mining advances its CODA Central project in Brazil with six auger holes completed, targeting promising titanium and rare earth mineralisation. Assay results are anticipated by late July, alongside ongoing metallurgical testing to unlock processing pathways.

Trek Metals has expanded its Christmas Creek exploration by adding a diamond drill rig to complement ongoing reverse circulation drilling, aiming to deepen geological insights and target high-grade gold zones.