Latest Exploration Activity News

Panther Metals has successfully closed a $502,000 entitlement offer, backed strongly by major shareholders and directors, to fund key exploration projects in Western Australia and the Northern Territory.

Savannah Goldfields reports promising assay results from its Georgetown Gold Project, highlighting a significant gold intercept at the Electric Light Prospect and completion of a key drilling program.

Critical Resources Limited’s maiden drilling at the Amoco Gold-Antimony Project confirms a substantial orogenic mineralised system, underpinning its exploration model and setting the stage for further work in NSW’s New England Fold Belt.

New Frontier Minerals has completed a $2.25 million placement to professional investors, issuing over 107 million shares and promising additional attaching options early next year. This capital injection aims to accelerate exploration at its key projects in the Northern Territory and Queensland.

IPB Petroleum has signed a binding terms sheet to acquire a significant acreage position in Alaska’s National Petroleum Reserve, including the Umiat oil field, while raising $1.27 million to fund exploration and development studies.

Dart Mining’s drilling at Great Divide Mining’s Coonambula project reveals continuous massive stibnite mineralisation over a 300m strike, reinforcing the potential for a significant antimony-gold resource. Further drilling and analysis aim to define a JORC-compliant resource.

E79 Gold Mines has completed its acquisition of Cue Metals, gaining control of the Cue Gold Project in Western Australia, while appointing mining veteran Matthew Bowles to its board. The company is set to launch an intensive exploration program starting this December.

APC Minerals Limited has initiated a fully underwritten pro-rata renounceable entitlement offer to raise approximately $1.38 million at $0.004 per share, aiming to fund its exploration projects and working capital needs.

Bubalus Resources has raised $1.5 million through a discounted share placement to fund exploration across its Victorian gold and Northern Territory critical minerals projects, with drilling programs set to commence imminently.

Dart Mining NL reports consistent massive stibnite intersections across a 300m strike at its Coonambula Antimony-Gold Project, advancing drilling efforts and aiming for a JORC-compliant resource. The project’s potential is bolstered by historical and recent high-grade antimony and gold mineralisation.

Core Energy Minerals has raised $2.75 million through a share placement to fund critical minerals exploration and the acquisition of the Itambe Rare Earth Project in Brazil, backed by strong institutional support.

Critical Resources Limited has completed the acquisition of the Cap Burn Gold Project in New Zealand, securing key permits and land access to launch its inaugural drilling program in a highly prospective gold region.