Latest Exploration Activity News

Magmatic Resources and Fortescue have agreed on a $3.5 million exploration budget for FY25-26 at the Myall Project, focusing on extensive drilling to unlock copper-gold potential. Early results highlight promising mineralisation at the Calais prospect, setting the stage for accelerated exploration.

Antilles Gold progresses its Cuban mining ventures with a key EPC contract signing and ongoing financing talks, focusing on the Nueva Sabana and La Demajagua projects. The company confirms stable resource estimates and outlines upcoming development milestones.

Dalaroo Metals has secured a joint venture to acquire up to 80% of the Bongouanoa Gold Project in Cote d’Ivoire, revealing strong historical gold intercepts, while initiating critical minerals exploration in Greenland’s Blue Lagoon project.

Kuniko Limited has announced a $2.03 million pro-rata entitlement offer, issuing new shares and free options to existing shareholders to support its expansion in battery metals exploration and development in Norway.

Conico Ltd has resolved a key legal dispute and secured $1.4 million in convertible loans, setting the stage for a rights offer and share consolidation as it plans to resume trading.

Infini Resources has announced a Phase 2 diamond drilling program at its flagship Portland Creek Uranium Project, alongside significant airborne survey results from Saskatchewan projects and the appointment of a seasoned mining executive as CEO.

XTC Lithium Limited is progressing its Carachi Lithium Project in Argentina through strategic partnership discussions and environmental assessments, while completing the sale of its Southern Cross assets in Western Australia.

Perpetual Resources has reported a successful maiden drilling campaign at its Igrejinha Project in Brazil, intersecting a significant 200m lithium-caesium pegmatite body. The company also advances its rare earths exploration at the Raptor Project, supported by a recent $500,000 capital raise.

Arcadia Minerals reports renewed exploration permits and promising critical mineral anomalies at its Namibian projects, while advancing strategic funding discussions and preparing for key drilling campaigns.

Pearl Gull Iron Limited reported limited exploration activity on Cockatoo Island during the June 2025 quarter, focusing on environmental compliance and native title negotiations, while securing a $500,000 unsecured loan facility to support ongoing operations.

African Gold Ltd has reported a remarkable 119% increase in its Blaffo Guetto inferred gold resource to nearly 1 million ounces, underpinning a fully funded 40,000m drilling program at its Didievi Project in Côte d’Ivoire.

Alice Queen Limited has completed its maiden diamond drilling program at the Viani Project in Fiji, confirming continuous high-grade epithermal gold mineralisation to depths of 300 metres. The company also secured nearly $1 million in funding to advance exploration efforts.