Latest Exploration Activity News

North Stawell Minerals (ASX – NSM) reports promising drilling results and a robust project pipeline at its North Stawell Gold Project, highlighting shallow, high-grade gold mineralisation analogous to the nearby Stawell Gold Mine.

EV Resources has made significant strides at its Los Lirios Antimony Project in Mexico, completing key infrastructure and identifying multiple high-grade drill targets as it moves closer to resource definition.

Mount Ridley Mines has completed its recent entitlement offer, raising $190,910 but leaving a significant shortfall of shares unsubscribed. The company now faces decisions on how to manage the remaining 202 million shares.

Thor Energy has agreed to sell its 75% stake in the FRAM Joint Venture to Tivan Limited for A$8.75 million, significantly strengthening its balance sheet and accelerating its focus on natural hydrogen and helium exploration in South Australia.

Altitude Minerals has secured drill permits and identified multiple high-priority copper-gold porphyry targets at its Byrock Project in NSW’s Macquarie Arc, with a 1,500m aircore and RC drill program planned for November 2025.

PolarX Limited has completed a $5.09 million share placement, issuing over 339 million shares at 1.5 cents each under its ASX Listing Rule 7.1 capacity. The move strengthens the company’s capital base without the need for a formal disclosure document.

Riversgold Limited has partnered with Canadian AIS Resources to advance its Saint John Project, enabling AIS to earn up to 75% by funding exploration and drilling over four years while Riversgold retains a 25% free-carried interest.

Summit Minerals announces a $1.67 million capital raise through a Placement and a fully underwritten Rights Issue, aiming to accelerate exploration in Brazil and pursue new project opportunities.

Belararox Limited has raised A$8.5 million through a two-tranche placement to accelerate copper exploration at its high-potential projects in Botswana and Argentina, setting the stage for a busy drilling and geophysics campaign.

Critical Resources Limited has raised $1.8 million through a strategic placement to fund maiden drilling programs at its gold-antimony projects in New South Wales and New Zealand, signaling a pivotal step in its exploration journey.

Locksley Resources is ramping up its exploration efforts at the Mojave Project in California following a major land acquisition and the discovery of a significant historical mining shaft, signaling new opportunities in critical minerals.

Gateway Mining Limited has acquired an 80% interest in the Glenburgh South Gold Project in Western Australia, positioning itself alongside Benz Mining Corp’s high-profile Glenburgh deposit. Early exploration hints at promising gold mineralisation, while Gateway prepares for major drilling at its flagship Yandal project.