Latest Exploration Activity News

Somerset Minerals has raised $4 million to fund an aggressive Phase Two exploration campaign at its Coppermine copper project in Nunavut, aiming to build on strong initial drilling results and unlock multiple new discoveries across a vast landholding.

Kincora Copper Limited advances its project generator model with six asset-level partnerships unlocking over A$110 million in funding, supported by a C$4 million private placement led by prominent North American investors. The company ramps up drilling and exploration activities, particularly at its 100% owned Condobolin project.

Patriot Battery Metals has reported a significant mineral resource upgrade at its Shaakichiuwaanaan Property, reaffirming its position as a leading lithium and caesium explorer. The company also progressed its lithium-only feasibility study and environmental assessments while maintaining a strong financial position.

Mantle Minerals has completed the $13.5 million sale of its Mt Roe subsidiary to Northern Star Resources, redirecting funds to advance exploration at Yule River and Pardoo projects.

Sarama Resources has secured A$2.7 million to advance exploration at its Cosmo and Mt Venn gold projects in Western Australia, while arbitration over its lost Burkina Faso permit progresses.

Sarama Resources Ltd reported a $1.22 million net loss for the first half of 2025, while completing a $2.7 million equity placement and acquiring a majority stake in the Mt Venn Gold Project in Western Australia.

Advance Metals Limited has reported strong assay results from its maiden diamond drilling program at the Yoquivo Silver-Gold Project in Mexico, revealing high-grade silver-gold mineralisation extending 60-70 metres deeper in the Pertenencia Vein. These findings pave the way for potential resource upgrades.

Miramar Resources has extended its Share Purchase Plan closing date to 27 August 2025, giving shareholders more time to invest at a 20% discount as the company awaits critical exploration results.

Great Western Exploration’s recent gravity survey at the Oval Targets in Western Australia reveals a promising core of a large VHMS copper-gold system, prompting plans for a deep drill test supported by government funding applications.

Laramide Resources Ltd. reported a reduced net loss of CAD 1.05 million for H1 2025, converting USD 3.5 million of debt into equity and securing a $12 million private placement to bolster its uranium exploration projects.

Centaurus Metals has raised $23 million through an institutional placement and share purchase plan to advance its Jaguar Nickel Sulphide Project in Brazil towards a Final Investment Decision in early 2026.

Freehill Mining reports promising copper and gold assay results from its El Dorado project in Chile, alongside progress in commissioning its second aggregates site.