Latest Exploration Activity News

Somerset Minerals Limited has launched a C$2.25 million flow-through share offer targeting Canadian investors, aiming to accelerate exploration activities at its Jura project. The capital raise complements a planned institutional placement and highlights both growth ambitions and inherent risks.

Western Yilgarn NL has secured critical access rights for its Cardea 2 Bauxite Project, enabling immediate fieldwork, while simultaneously initiating ground exploration at the Ida Holmes Junction Project targeting key critical minerals.

AusQuest and South32 have extended their Strategic Alliance Agreement for two more years, securing continued funding and collaboration on Australian copper and zinc projects. South32 will fund exploration to advance projects to drill-ready status and can earn up to 80% interest through staged investments.

Ore Resources Ltd has identified 10 new broad gold targets and 18 gold-in-soil anomaly zones at its Randalls South tenements, setting the stage for focused exploration in 2026.

Bastion Minerals has formalised an Exploration Consent Agreement with the Ross River Dena Council, paving the way for renewed exploration at its ICE Copper-Gold Project in Yukon, Canada. With substantial JORC resources and multiple new targets identified, the project is poised for a critical next phase in 2026.

Tasman Resources has completed the second tranche of its $2 million share placement, issuing 92 million shares and raising $1.15 million before costs. The company confirms full compliance with regulatory requirements in its updated cleansing notice.

Korab Resources Limited reported a positive cash flow for the December 2024 quarter, maintaining a strong liquidity position with funding to support its exploration activities for over 17 quarters.

Miramar Resources has completed its Tranche 1 share placement and secured a further $205,000 commitment from a director for Tranche 2, pending shareholder approval in early 2026.

APC Minerals has launched a pro-rata entitlement offer to raise up to $1.38 million by issuing new shares to existing shareholders. Letters detailing the offer have now been dispatched, with documents accessible electronically.

APC Minerals Limited has announced a pro-rata renounceable entitlement offer to raise approximately $1.38 million by issuing new shares at a low price, aiming to bolster its capital base. Eligible shareholders can subscribe for 13 new shares for every 11 held, with a closing date set for early January 2026.

Strata Minerals Limited has secured $1.175 million through an equity placement and acquired the adjoining Zelica South Project, quadrupling its exploration footprint and extending the gold mineralised corridor to nearly 8km. This positions the company for an active 2026 exploration campaign with maiden drilling underway.

Estrella Resources has reported outstanding high-grade manganese assay results from its Ira Miri prospect in Timor-Leste, with grades reaching as high as 58% manganese and strong continuity across multiple drill holes. These findings reinforce the project’s potential as a significant sedimentary manganese deposit.