Latest Exploration Activity News

High Peak Royalties reported steady royalty income for Q1 2025, completed a significant geothermal asset sale to Northstar Energy, and achieved a debt-free balance sheet following full repayment of its Macquarie facility.

Eastern Metals reports a quiet March quarter with no exploration activity, a CEO resignation, and plans for significant capital raises alongside a proposed acquisition of Raptor Resources.

Patriot Resources has significantly expanded its footprint in Zambia's Mumbwa copper district, reporting impressive high-grade copper and gold samples and outlining an ambitious exploration program for 2025, contingent on a planned capital raise.

Matsa Resources has commenced mining at its Devon Pit Gold Mine, backed by a robust feasibility study and a maiden reserve of 46,000 ounces. The company also sealed a $101 million option deal with AngloGold Ashanti for part of its Lake Carey project, while successfully fending off an unsolicited takeover bid.

Omnia Metals Group has completed a key Heritage Survey at its Salt Creek project and secured $1.59 million through private placements, coinciding with its reinstatement to the ASX official list. The company is poised to commence a significant drilling program targeting gold and copper in Western Australia.

EverGreen Lithium’s 2024 drilling at the Bynoe Project confirms anomalous gold mineralisation but no significant lithium, prompting a strategic pivot to expanded gold and pegmatite exploration in 2025.

Resources & Energy Group Limited (REZ) has achieved a pivotal milestone with its first gold doré pour from the East Menzies vat leach trial, while divesting its Mount Mackenzie project to sharpen focus on Western Australia growth.

White Energy Company Limited has marked significant progress in its mining exploration and coal technology divisions during the March 2025 quarter, including achieving a key farm-in milestone and raising $3.7 million net from an entitlement offer.

QX Resources reported steady progress on its Queensland gold and US lithium brine projects while managing modest cash reserves and exploration expenditure in the March 2025 quarter.

EQ Resources delivered robust operational gains in Q3 FY2025, boosting mining volumes and processing throughput while advancing key plant upgrades and securing significant funding.

Accent Resources NL reports significant progress on its Magnetite Range Project with corrected geophysical data and ongoing metallurgical testing, while also moving forward with mining lease consolidation at its Norseman Gold Project.

Dundas Minerals has reported encouraging drilling results that expand gold mineralisation at its Baden-Powell deposit near Kalgoorlie, alongside promising first-pass Aircore drilling at the Olympia mining lease, signaling potential for resource growth.