Latest Exploration Activity News

OZZ Resources Limited has provided a detailed update to ASX on its prolonged voluntary suspension, citing procedural delays in Zimbabwe and a pending joint venture at its Maguires Reward Project. The company outlines exploration activities, expenditure, and plans to resume trading.

Benz Mining Corp reported a CAD 3.58 million net loss for Q1 2025, driven by ramped-up exploration at its newly acquired Western Australian gold projects. The company bolstered its cash position with a CAD 27 million private placement post-period, aiming to fuel further resource growth.

Tolu Minerals Limited reported a $6.7 million loss for the half-year to June 2025, doubling last year’s deficit as it invests heavily in refurbishing the Tolukuma Gold Mine and expanding exploration. A recent $27.25 million capital raise aims to fund these ambitious development plans.

Astute Metals NL has initiated an eight-hole drilling campaign at its Needles Gold-Silver Project in Nevada, targeting six promising epithermal gold-silver prospects with historical high-grade assays. The campaign aims to unlock new discoveries ahead of a maiden resource estimate planned for year-end.

Askari Metals has agreed to sell its Australian gold assets to Forrestania Resources for A$700,000, enabling a strategic pivot towards its promising African exploration projects.

Hamelin Gold reports encouraging shallow gold mineralisation at its Fremlins South prospect in Western Australia’s West Tanami, with ongoing drilling programs expanding exploration across multiple targets.

Flynn Gold has announced a renounceable rights issue to raise up to $3 million, aiming to accelerate exploration at its promising Golden Ridge project in Tasmania.

Red Mountain Mining has secured 87 claims in Utah’s historically rich Antimony Mining District, strategically adjoining Trigg Minerals’ high-grade Antimony Canyon Project. This move strengthens RMX’s position in the US critical minerals sector amid rising antimony prices and government supply chain initiatives.

Titan Minerals’ joint venture partner Hanrine has significantly expanded the known porphyry copper mineralisation at the Linderos Copper Project in Ecuador, completing 25,000 metres of diamond drilling that reveals extensive mineralised zones open at depth and laterally.

Locksley Resources has significantly expanded its footprint in California's Mojave Critical Minerals Hub by staking 249 new claims adjacent to the Mountain Pass Rare Earth Mine, positioning itself strongly within the U.S. critical minerals supply chain.

Aurumin Limited has reaffirmed its commitment to the Mt Palmer Gold Project by retaining its 20% equity stake and continuing exploration funding alongside Kula Gold. This move signals confidence in the project’s potential amid ongoing drilling activities.

Infini Resources has launched a significant Phase 2 drilling program at its Portland Creek uranium project in Canada, aiming to unlock a potentially world-class uranium deposit amid a tightening global supply landscape.