Latest Exploration Activity News

ChemX Materials Limited has successfully completed its voluntary administration process with creditors approving restructuring agreements for both the parent company and its subsidiary HiPurA Pty Ltd. This marks a significant step towards stabilising operations and returning control to the board.

ChemX Materials Limited has emerged from voluntary administration following a Deed of Company Arrangement, while securing a significant Japanese patent for its HiPurA® High Purity Alumina process.

Moonlight Resources Limited is set to raise A$10 million through a fully underwritten IPO, targeting exploration and development of its diverse mineral projects across Australia. The offer includes 50 million shares priced at $0.20 each, with free options attached.

Patriot Resources has agreed to acquire 100% of the Tassa Silver Gold Deposit in Peru, backed by strong drill results and milestone-based share payments. The acquisition complements its growing portfolio of battery and critical minerals projects.

Conico Ltd has raised $2.8 million through a share placement and entitlement offer, appointing Guy Le Page as Executive Chairman to steer its next exploration phase.

Alvo Minerals reports continued success at its Touro Prospect in Central Brazil, with all recent drill holes intersecting significant copper and zinc sulphides along a 750m strike. The discovery reinforces the Palma Project’s potential as a major volcanic massive sulphide district.

Golden Horse Minerals has reported promising initial assay results from its maiden regional drilling program at Baby Queen and Lake View prospects, confirming shallow high-grade gold mineralisation and setting the stage for an expanded 2026 exploration campaign.

Matsa Resources has received an early A$1.5 million option fee payment from AngloGold Ashanti, reinforcing the latter’s commitment to the Lake Carey Gold Project and bringing total payments to A$7.2 million to date.

Pinnacle Minerals has restarted exploration at its strategically located Adina East Lithium Project in Quebec’s James Bay region, aiming to capitalize on a booming lithium corridor amid rising market prices.

Altair Minerals has identified three critical structural zones at its South Oko project, highlighting promising targets for gold mineralisation that mirror major deposits in the Guiana Shield. This breakthrough advances the company’s exploration strategy ahead of planned geophysical surveys and drilling.

Everest Metals has kicked off an extensive 7,000-metre aircore drilling campaign at its Revere Gold Project in Western Australia, targeting two key mineralised zones ahead of a maiden resource estimate expected in 2026.

Winchester Energy Limited has amended its recent placement announcement, confirming a raise of $350,000 through the issuance of 350 million shares, up from the initially stated $300,000.