Latest Exploration Activity News

3D Energi has raised $9.4 million to fund the drilling of its Essington-1 well in the Otway Basin, with Korea National Oil Corporation acquiring a 29% stake in the joint venture alongside ConocoPhillips. Drilling is set to commence in late October 2025.

Resource Minerals International Ltd reports impressive high-grade gold and silver assays from rock chip sampling at its Shaib Marqan and Wadi Salamah projects in Saudi Arabia, setting the stage for maiden drilling campaigns.

Gateway Mining’s recent Induced Polarisation survey at the Yandal Gold Project has refined key gold targets, setting the stage for a significant diamond drilling campaign starting this week.

Legacy Minerals has partnered with Rio Tinto in a farm-in deal that could see up to $25 million invested in exploring the vast Thomson Project in NSW for intrusion-related copper and gold deposits.

Artemis Resources has formalised access to its Cassowary Copper-Gold Exploration Project in Western Australia, setting the stage for initial diamond drilling planned for December. The project targets a large, geologically significant intrusion with strong potential for copper-gold mineralisation.

Moho Resources advances its gold exploration in Western Australia with significant tenement grants and high-grade surface samples at Bush Chook, alongside promising soil anomalies at Silver Swan North. Maiden drilling is planned for late 2025, marking a pivotal step in unlocking project potential.

Pioneer Lithium has significantly expanded its North Pine Project in Idaho, adding 192 new claims across three promising prospects targeting antimony and tungsten near Perpetua Resources’ flagship Stibnite Gold Project.

Carnavale Resources has announced a fully underwritten entitlement issue to raise up to $4.09 million before costs, offering one new share for every four held plus free attaching shares. The capital raise precedes a proposed 15, 1 share consolidation subject to shareholder approval.

Dreadnought Resources has successfully raised $18 million through a placement to accelerate its gold exploration efforts in Western Australia's Yilgarn region, with additional director participation pending shareholder approval.

DeSoto Resources has raised A$14 million in a strongly supported placement to fund its maiden drilling program in Guinea’s prolific Siguiri Basin, backed by a notable cornerstone investor and institutional interest.

Pacgold Limited announces acquisition and phased restart of the White Dam gold project, targeting near-term production and resource expansion with a $12.4 million funding plan.

Kairos Minerals has finalized a pivotal mineral rights agreement with Pilbara Minerals, granting it extensive rights over key Pilbara licences and setting the stage for a significant drilling campaign to expand its Mt York gold resource.