Latest Exploration Activity News

Hawk Resources has kicked off drilling at its Cactus copper-gold project in Utah, targeting a significant geophysical anomaly extension, while advancing access negotiations for its promising Olympus scandium project in Western Australia.

Northern Minerals Limited reported a $10 million net operating cash outflow for the December 2025 quarter, ending with a robust cash balance of nearly $49 million supported by recent equity raises.

Ragnar Metals has confirmed impressive high-grade gold assays at its Harnäs Gold Project in Sweden, paving the way for maiden diamond drilling in early 2026. Strategic investments in Australian gold producers further bolster its diversified portfolio amid record gold prices.

Gullewa Limited has increased its ownership in Central Iron Ore Limited to a controlling 70.5% by subscribing to a recent rights issue, acquiring over 23 million new shares.

Eastern Resources Limited reported a modest cash outflow from operations in the December 2025 quarter but retains a robust cash balance supporting over 18 quarters of funding.

Eastern Resources Limited reports steady progress on its Marengo Gold Project farm-in agreement despite ministerial approval delays, alongside ongoing environmental assessments at Nowa Nowa and a director resignation.

Australian Rare Earths Limited has raised approximately $6 million through a strategic share placement to advance its Koppamurra Rare Earths Project, underpinning its role in diversifying global rare earth supply chains.

Caprice Resources has reported significant progress in its December 2025 quarter, delivering high-grade gold assay results from its Island Gold Project and expanding its landholding in the Murchison Goldfields through the strategic acquisition of the Comet Gold Project.

Connected Minerals has completed its Phase 2 drilling at the Etango North-East Uranium Project in Namibia, with 17 of 23 holes returning economic uranium grades, reinforcing its geological model and setting the stage for further exploration.

Cokal Limited has advanced its metallurgical coal operations in Central Kalimantan with new mining contracts, resumed coal shipments, and infrastructure upgrades, aiming for a 2026 production target of approximately 420,000 tonnes.

Ballymore Resources reports significant progress in Queensland with high-grade gold and silver-lead-zinc discoveries, advancing underground development and preparing for new drilling campaigns.

Conrad Asia Energy has locked in a transformative farm-in and financing deal for its flagship Mako gas field, setting the stage for first gas in late 2027. The company also resolved historic disputes, strengthening its position in Indonesia’s growing gas market.