Latest Exploration Activity News

OD6 Metals has resolved a regulatory investigation with a minor penalty, paving the way for renewed exploration at its Gulf Creek Copper Project. The company is set to advance drilling campaigns targeting high-grade copper, zinc, and silver mineralisation.

White Cliff Minerals has initiated diamond drilling at its Rae Copper Project in Nunavut, Canada, targeting a large unexplored sedimentary basin. Supported by a recent A$14.4 million capital raise and Canadian government backing, the company aims to advance its promising copper exploration.

Miramar Resources has initiated reverse circulation drilling at the 8 Mile target within its Gidji JV Project, aiming to explore northern extensions of the adjacent 8-Mile Dam gold deposit. Supported by a drill-for-equity deal, this campaign could redefine the gold potential near Kalgoorlie.

Lodestar Minerals announces an additional $500,000 capital raise through a third tranche placement, aiming to accelerate its exploration programs and pursue new opportunities.

Sarama Resources has successfully closed the first tranche of a A$2.7 million equity placement to fund exploration at its Cosmo Gold Project and support ongoing arbitration efforts. The second tranche, involving options and director participation, awaits shareholder approval.

Bryah Resources has signed a binding option to acquire the high-grade Golden Pike gold project in Canada, while appointing Greg Hill as its new CEO to steer exploration and development efforts.

Zenith Minerals has successfully raised A$3.5 million through a fully underwritten rights issue, positioning the company to fast-track exploration and resource growth at its key gold projects in Western Australia and Queensland.

Iceni Gold’s latest aircore drilling campaign at the Guyer Trend within its 14 Mile Well Project reveals expanded gold mineralisation and some of the highest-grade intercepts to date, setting the stage for a major follow-up drilling phase.

BPM Minerals has agreed to sell its Claw Gold Project to Capricorn Metals for $1.5 million upfront, with potential milestone payments doubling the deal value. This transaction strengthens BPM’s cash position to fund exploration at its promising Forelands Gold Project near Kalgoorlie.

Sunshine Metals has launched fieldwork and plans drilling at its Sybil gold project in Queensland, revealing promising geological signs and historic high-grade samples that hint at significant gold potential.

NewPeak Metals has raised A$1.14 million by selling part of its shares in Lakes Blue Energy, aiming to fund its own exploration plans while maintaining a significant stake in Lakes’ promising gas projects.

West Cobar Metals has identified compelling copper-gold targets at its 100%-owned Nantilla Project in NSW, leveraging reprocessed geophysical data to pinpoint priority drill sites.