Latest Exploration Activity News

Truscott Mining Corporation is gearing up for an expanded drilling program at its Tennant Creek gold projects, leveraging a robust gold price environment and fresh capital to advance exploration and resource definition.

Volt Resources exceeded its graphite production goals in Q4 2024, producing over 800 tonnes at its Ukrainian Zavalievsky mine, while progressing development of its Tanzanian Bunyu Graphite Project and refining a novel US-based purification process.

Southern Hemisphere Mining Limited has reported a significant 15% extension to the Cerro-Ferro copper-gold system strike length, alongside promising drilling results that set the stage for a resource upgrade and deeper exploration in 2025.

ADX Energy reported steady production with 218 BOEPD and A$2.3 million revenue in Q4 2024, while progressing exploration in Austria and securing a new gas permit offshore Italy.

Mont Royal Resources Limited reported a stable cash position of $1.75 million at the end of December 2024, despite significant outflows on exploration activities during the quarter.

E79 Gold Mines reports exceptional copper, gold, and bismuth assay results from its Mountain Home Project and gains Northern Territory government approval to commence drilling in 2025.

Gullewa Limited reports a robust cash balance of $9.087 million at the end of December 2024, supported by strong financing inflows despite ongoing exploration expenditures. The company’s quarterly cash flow highlights its strategic financial management as it advances key tenements in Western Australia.

Grand Gulf Energy Limited reports steady oil production and strategic progress on its helium projects, including a planned 3D seismic survey and ongoing funding discussions, while implementing cost controls in a softening market.

Trek Metals has reported impressive high-grade gold intercepts at its Christmas Creek Project in Western Australia, signaling the potential for a significant orogenic gold system. The company is advancing its exploration with refined drilling targets and ongoing work at its McEwen Hills Niobium Project.

Gateway Mining Ltd has fortified its balance sheet through the sale of its Eastern Montague Gold Project, positioning itself for an aggressive exploration campaign in 2025 focused on the Barrelmaker Gold and Montague Range Base Metals projects in Western Australia.

Jupiter Energy Limited reported a net operating cash inflow of $776,000 for the December 2024 quarter, maintaining a solid cash position despite heavy exploration expenditures.

Skylark Minerals has reshaped its leadership team with seasoned gold industry veterans and agreed to divest its Citronen Zn-Pb Project, positioning the company for renewed growth and exploration success.