Latest Exploration Activity News

Tolu Minerals’ recent airborne magneto-telluric survey has identified a large, deep porphyry system at Mt. Olom, Papua New Guinea, supported by significant historical copper, molybdenum, gold, and silver mineralisation. The company plans systematic follow-up including drilling to unlock this promising copper-gold opportunity.

Rapid Critical Metals has successfully raised A$14 million through a two-tranche placement, backed by top-tier institutional investors, to fund its acquisition of the Webbs Consol Project and accelerate silver exploration in NSW and Canada.

Strata Minerals Limited has secured an option to acquire the Zelica Gold Project in Western Australia, featuring a historical 30,000-ounce gold resource and existing mining infrastructure. The company plans to upgrade the resource and explore near-term extraction opportunities.

Altitude Minerals has secured an exclusive option agreement to acquire the Firenze Silver & Gold Project in Nevada, boasting exceptional surface assays and poised for drilling in 2026.

Dome Gold Mines has successfully closed its Share Purchase Plan, raising $366,000 to support ongoing exploration and development in Fiji. The company is advancing key projects including the Sigatoka mineral sands and Ono Island gold ventures.

InVert Graphite has initiated its first drilling campaign at the Kumba Deposit in Tanzania, aiming to validate high-grade graphite mineralisation previously identified in surface trenches. The program marks a critical step in advancing the Morogoro Project towards resource definition.

Santa Fe Minerals has completed its acquisition of the Eburnea Gold Project in Côte d’Ivoire and raised $1.2 million to fund upcoming exploration activities.

Gateway Mining Ltd has discovered 134 gold nuggets totaling 366 grams along a 1.2km strike at its Great Western prospect, revealing a promising new gold mineralisation corridor within the Yandal Gold Project.

iTech Minerals has officially kicked off its lithium joint venture with SQM at the Reynolds Range project, receiving a $2 million payment for an initial 30% stake in lithium rights. This partnership sets the stage for significant exploration activity in the Northern Territory.

Future Battery Minerals has launched an expanded 3,000m Phase 2 drilling program at its Miriam Project, aiming to build on promising gold intercepts from Phase 1. The company targets high-grade extensions at Forrest and Canyon, with results expected by early November.

BPH Energy has responded to ASX inquiries about unusual trading activity, confirming no undisclosed information and highlighting ongoing Federal Court proceedings related to the PEP 11 project.

Alice Queen Limited has raised $1 million through convertible notes to fund ongoing gold and copper exploration and support working capital needs.