Latest Exploration Activity News

Redstone Resources has reported significant new high-grade copper intersections at unprecedented depths beneath its Tollu Copper deposit in Western Australia, hinting at a larger magmatic sulphide system. The company also secured government grants and raised capital to advance exploration.

Tempest Minerals advances its exploration portfolio with a binding $4.5 million sale of the Yalgoo Project to Capricorn Metals and reports encouraging gold intercepts at its Range Project.

Iceni Gold Limited reported a busy December quarter focused on advancing diamond drilling at its 14 Mile Well and Welcome Creek projects in Western Australia, with assay results expected soon and a cash position of $1.53 million.

Burley Minerals is progressing its Cane Bore Iron Project with planned drilling following heritage surveys, while reviewing its Chubb Lithium Project strategy amid rising lithium prices. The company also relinquished its Yerecoin Iron Project due to legal challenges.

Somerset Minerals has secured $3.7 million to accelerate exploration at its Coppermine Project in Nunavut, revealing promising high-grade copper mineralisation over a 7 km fault zone at Jura North. Extensive regional surveys aim to uncover further discoveries across its vast landholding.

Dalaroo Metals has completed its strategic acquisition of the Blue Lagoon critical minerals project in Greenland and is advancing gold exploration in Côte d’Ivoire, supported by new executive appointments and promising assay results.

First Lithium Limited is progressing towards critical milestones with pending license renewals in Mali expected soon and a maiden Mineral Resource Estimate on the horizon, supported by recent funding injections.

High-Tech Metals reports strong drilling results at Wagtail Gold Deposit and secures $10.7 million from option exercises, advancing its Mt Fisher and Mt Eureka gold projects.

Golden Cross Resources reported a quiet December quarter with ongoing preparatory work at its flagship Copper Hill copper-gold project, while its ASX securities remain suspended pending operational compliance.

3D Energi has reported significant gas discoveries at Essington-1 and Charlemont-1 wells in the Otway Basin, reinforcing its strategy to supply local gas to Australia's east coast. However, the company faces funding challenges that have led to a temporary trading suspension.

Triton Minerals has executed a key agreement advancing the sale of 70% of its Mozambique graphite assets and completed initial drilling at its Aucu gold-copper project, positioning the company for growth amid stable operating conditions.

Kalamazoo Resources has reported a significant upgrade to its Mt Olympus underground gold resource alongside a robust scoping study and the commencement of a pre-feasibility study, supported by an $8 million capital raise.