Latest Exploration Activity News

Empire Resources has successfully raised A$5 million through a two-tranche placement to accelerate exploration at its Yuinmery and Penny’s projects, with strong backing from existing and new investors.

Golden Mile Resources has validated the Aurora Prospect within its Pearl Copper Project as a significant new gold target, with follow-up rock chip sampling revealing multiple high-grade gold assays. The extensive mineralised footprint and geological indications suggest promising potential for a large-scale deposit.

TechGen Metals has acquired 100% of the Mt Boggola East copper-gold-silver project in Western Australia, adding a key tenement adjacent to its existing holdings. Historic drilling highlights significant high-grade copper mineralisation, setting the stage for imminent exploration.

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $4.03 million, aiming to fund exploration and development of its Tanzanian copper and graphite assets. The offer includes free attaching options and is partially underwritten, reflecting both opportunity and risk amid regulatory challenges.

Evolution Energy Minerals has announced a $4 million renounceable entitlement offer priced at 1.5 cents per share, including free attaching options, with major shareholder Metals One Plc committing $1 million.

BPM Minerals has raised A$3.5 million in a placement anchored by Terra Capital and Tribeca Investment Partners to accelerate exploration at its promising Forelands Gold Project in Western Australia.

BPM Minerals has secured the key Bonnie & Clyde tenement within its Forelands Gold Project, unlocking ground exploration and a maiden drilling program. A detailed geological review highlights promising Tropicana-style gold mineralisation potential, setting the stage for a major discovery in Western Australia’s Eastern Goldfields.

St Barbara Limited has expanded its Nova Scotia exploration portfolio with 44 new targets near its 15-Mile Processing Hub, aiming to extend the mine life beyond 11 years. The company has acquired 174 exploration licences and plans extensive drilling and sampling in 2026.

Encounter Resources is set to launch a major 2026 exploration program at its Jessica Copper Project in the Northern Territory, partnering with South32 to test multiple high-potential copper targets identified through recent geophysical surveys.

Cosmo Metals Limited has announced a fully underwritten entitlement offer to raise approximately $1.55 million, aimed at advancing drilling and exploration across its key gold and base metals projects. The offer includes new shares and attaching options, with funds earmarked for multiple projects in Western Australia and New South Wales.

Renegade Exploration has identified a new mineralised system at its Yukon Project’s Junction prospect, revealing geochemical signatures akin to major gold deposits in the Tintina Gold Province. The discovery highlights extensive gold-bismuth-tungsten and silver-zinc-antimony zones, setting the stage for imminent exploration activities.

Alice Queen Limited has successfully raised an additional $280,000 from unrelated investors, increasing the size of its tranche two placement to fund key exploration projects and working capital.