Latest Exploration Activity News

Latitude 66 Ltd has strengthened its cash position through strategic asset sales and repaying a short-term loan, positioning itself for targeted exploration in Finland and Western Australia.

Right Resources Limited has successfully listed on the ASX, raising $10 million through an oversubscribed IPO and progressing exploration at its flagship Pilot Project with a maiden diamond drilling program underway.

Desert Minerals Limited has successfully listed on the ASX following a $5 million IPO and is progressing exploration preparations for its gold and lithium projects in Australia and the USA. The company is set to commence drilling in early 2026, backed by a strong cash position and a cornerstone investment from Snow Lake Energy.

Killi Resources has intensified exploration at its Mt Rawdon West and West Tanami projects, with detailed soil and rock sampling underway and assay results expected soon. The company remains well-funded to pursue its copper and gold ambitions in Australia’s underexplored mineral provinces.

M3 Mining Limited has identified promising new drill targets at its Edjudina Gold Project and secured additional funding to advance exploration activities, positioning the company for potential growth in Western Australia’s gold sector.

Zenith Minerals has completed its largest drilling campaign at the Consolidated Dulcie Gold Project, confirming a significant gold resource potential and securing a $7.65 million strategic placement to accelerate development.

Genmin Limited has completed a A$25.7 million placement, cleared its debt, and made significant strides in financing its Baniaka iron ore project in Gabon, including a strategic partnership with Chinese SOE SHICO.

Pacgold has completed its acquisition of the White Dam Gold Operation, initiating heap leach irrigation and a major drilling program to fast-track gold production and resource upgrades. Concurrently, promising exploration results at Alice River and St George projects underpin a robust growth outlook.

Miramar Resources has secured an additional $1.1 million in investor commitments for its Tranche 2 placement, signalling sustained market confidence ahead of a shareholder vote in March 2026.

Belararox Limited has commenced diamond drilling at its flagship TMT Project in Argentina and completed initial drilling at its Kalahari Copper Belt project in Botswana, supported by a recent A$8.5 million capital raise and key board changes.

Basin Energy Limited reported a challenging cash flow quarter ending December 2025, offsetting operational outflows with financing inflows and strategic asset sales. The company remains confident in sustaining operations amid variable exploration costs.

Metal Hawk Limited has completed its maiden diamond drilling program at Leinster South, revealing significant high-grade gold intersections at the Thylacine Prospect and identifying new targets through advanced geophysical surveys.