Latest Exploration Activity News

Oakajee Corporation’s latest quarterly report reveals underwhelming gold and copper assay results from its Paynes Find project, raising questions about the effectiveness of current exploration methods under alluvial cover.

Zuleika Gold Limited is gearing up for a pivotal drilling campaign in the first half of 2025 after refining its project portfolio and withdrawing from several non-core assets. Meanwhile, the company intensifies its legal battle to secure damages from Vango Mining over contract breaches.

Caprice Resources has launched a 5,000m drilling program at its Island Gold Project and expanded its West Arunta copper-niobium exploration tenure, supported by a $2.5 million capital raise. The company is sharpening its focus on high-grade gold assets in the Murchison goldfields while advancing large-scale greenfield projects.

Desert Metals Limited's maiden drilling at the King Kong prospect in Côte d'Ivoire confirms a significant high-grade gold system, setting the stage for expanded exploration in 2025.

DGR Global Limited's December 2024 quarterly report reveals active exploration progress, ongoing legal disputes over Armour Energy, and strategic financing initiatives aimed at sustaining growth.

Somerset Minerals Ltd has taken a significant step forward by entering a conditional agreement to acquire the high-grade Coppermine Project in Nunavut, Canada, while completing the sale of its Valle del Tigre II mineral concession in Ecuador. Preparations are underway for a maiden exploration campaign at Coppermine, targeting substantial copper-silver mineralisation.

Bounty Oil and Gas NL reports steady cash reserves and rising oil production in Queensland, while facing regulatory setbacks offshore. The company’s strategic developments and entitlement offer position it for growth in 2025.

White Energy Company Limited reports significant progress in its Australian mineral exploration projects and binderless coal briquetting technology, while navigating financial challenges linked to past operations.

Pearl Gull Iron Limited reports steady progress in exploration planning on Cockatoo Island despite seasonal challenges, maintaining environmental commitments and exploring new asset opportunities.

Ten Sixty Four Limited reports a 9% rise in gold production to 13,123 ounces and a reduction in all-in-sustaining costs to US$2,045 per ounce for the September 2024 quarter, while advancing its Tigerway Decline project and navigating ongoing restructuring.

Whitebark Energy has entered a definitive agreement to acquire King Energy, gaining access to one of Australia's largest prospective white hydrogen, helium, and hydrocarbon projects, while also resuming production at its Canadian oil field.

Taiton Resources has acquired key land at its Kingsgate Project and reported exceptionally pure quartz samples, underpinning its strategic focus on high-value mineral exploration in New South Wales.