Latest Exploration Activity News

Gold Mountain Limited has announced a fully underwritten $1.5 million entitlement offer alongside a $2 million placement to accelerate exploration activities in Brazil and Papua New Guinea. The capital raising, discounted by 40% to recent share prices, is underwritten by major shareholder José Luis Manzano, who may increase his stake to nearly 20%.

Gold Mountain Limited launches a $3.5 million capital raise through an entitlement offer and placement to fund exploration projects in Brazil and Papua New Guinea, supported by key shareholders including Jose Luis Manzano.

Broken Hill Mines has completed underground access to the high-grade Main Lode ore body at its Rasp Mine, delivering exceptional drilling results and targeting first ore extraction by November 2025.

Venari Minerals has completed a $4.1 million placement, bolstering its efforts to advance key lithium and gold projects, including a maiden resource estimate at Red Mountain.

Nelson Resources confirms robust high-grade gold mineralisation at its Yarri Project through re-assay results, reinforcing earlier findings and hinting at broader mineralisation beyond known host rocks.

Everest Metals Corporation Ltd has completed a $4 million capital raise through a share placement, issuing over 38 million new shares to sophisticated investors. The move, approved by shareholders, strengthens the company’s financial position without triggering additional disclosure requirements.

Enegex Limited has responded to ASX queries confirming the material impact of its acquisition of Famien Resources, related board changes, share consolidation, and a $5 million capital raising, while explaining the timing of disclosures and trading halt.

Indiana Resources Limited has had its trading suspension lifted following the release of new exploration results and a response to an ASX price and volume query, signaling renewed market activity.

Savannah Goldfields completes drilling at Big Reef and advances exploration at Electric Light, targeting resource expansion and imminent mining at Georgetown.

Sierra Nevada Gold has successfully raised A$9.65 million through a share placement to accelerate exploration in Nevada and Saudi Arabia, while appointing former De Grey Mining chairman Simon Lill as its new Non-Executive Chairman.

Lord Resources has raised $814,000 through a strongly supported placement and is launching a $1.6 million entitlement issue to accelerate exploration at its Ilgarari Copper Project in Western Australia.

Manhattan Corporation has significantly expanded its Hook Lake exploration footprint in Nunavut, staking new claims and preparing a detailed magnetic survey to unlock the project's gold and polymetallic potential.