Latest Exploration Activity News

Rox Resources has successfully raised approximately A$200 million through a major institutional placement, securing full equity funding for the development of its Youanmi Gold Project. Supported by cornerstone investors and existing shareholders, the company is positioned to advance construction and begin gold production by mid-2027.

Emu NL has raised $1.4 million through a discounted share placement to fund an expanded drilling program at its Yataga Copper Project, with drilling expected to start by late November 2025, subject to fire risk conditions.

Bastion Minerals has successfully raised $475,000 through a share placement, backed strongly by existing shareholders and directors, to advance potential acquisitions and exploration activities.

Kincora Copper Limited has closed a C$4 million non-brokered financing and expanded its exploration portfolio with eight active projects, advancing drilling programs alongside major partners. The company reported a net loss of CAD 2.786 million for the nine months ended September 30, 2025.

Clara Resources has closed its entitlement offer, raising $366,000, with a significant shortfall now set for placement to sophisticated investors. The company aims to strengthen its capital base amid ongoing market challenges.

Pacgold has completed its maiden drilling at White Lion, intersecting promising gold mineralisation, while extending the Jerry Dodds lode strike to 1.8km, both discoveries supporting further exploration in 2026.

Panther Metals has extended the closing date of its non-renounceable rights issue to 28 November 2025, providing eligible shareholders more time to consider and participate in the capital raising.

Tombador Iron Limited has completed its strategic acquisition of GoviEx Uranium Inc., paving the way for a relisting as Atomic Eagle Ltd focused on uranium exploration.

Stellar Resources has raised an extra A$500,000 through a placement to a major shareholder, adding to a recent $12.4 million capital influx aimed at advancing its Heemskirk Tin Project in Tasmania amid robust tin market demand.

Trek Metals has announced a breakthrough discovery of exceptionally high-grade manganese at its Christmas Creek Project in Western Australia, with assays revealing grades up to 58%. This greenfields find hints at a potentially large hydrothermal manganese system yet to be drill tested.

Fortuna Metals has raised A$3.5 million through a share placement to fund expanded drilling at its Mkanda and Kampini rutile and graphite projects in Malawi. Assay results expected from late November will be pivotal in defining the projects’ resource potential.

Locksley Resources is accelerating development at its Desert Antimony Mine in California, delivering promising high-grade bulk sample results and advancing towards U.S. antimony production aligned with federal strategic goals.