Latest Exploration Activity News

Parabellum Resources has completed Phase 3 drilling at its Miandetta prospect, confirming continuous near-surface nickel and cobalt mineralisation. The company is advancing exploration while actively seeking new precious and base metal projects.

Nordic Resources has expanded its Kopsa gold-copper project in Finland through an upsized drilling program, confirming significant new mineralised zones and securing over A$10 million in institutional funding.

Cyprium Metals has raised A$41 million through an oversubscribed equity placement and entitlement offer to accelerate exploration and production growth at its flagship Nifty Copper Complex and regional projects.

King River Resources advances exploration with new drill and soil sampling results at Tennant Creek, revealing promising IOCG-style mineralisation corridors and appointing a new Managing Director.

Delta Lithium Limited reports strong drilling results at its Mt Ida and Yinnetharra projects, alongside successful production of battery-grade lithium carbonate and a robust financial position.

Venus Metals Corporation progresses its Sandstone Bellchambers gold project with a new mining lease and exploration targets, while extending its Bridgetown JV farm-in and navigating an unsolicited takeover offer.

West Coast Silver has completed a significant phase of drilling at its Elizabeth Hill Silver Project, revealing visible native silver in multiple holes and securing $3.2 million in fresh capital to advance exploration and processing studies.

Condor Energy Limited has advanced its offshore Peru portfolio with a new high-potential oil prospect and a strategic gas offtake agreement, positioning itself for future commercialisation in a promising basin.

MGX Resources Limited reported resilient December quarter results despite a major rockfall at Koolan Island, generating $15 million in free cashflow and advancing its acquisition of a 50% stake in the high-grade Central Tanami Gold Project.

OZZ Resources has entered a binding option agreement with Scorpion Minerals to sell its Maguires Reward project, securing an initial $100,000 fee and potential $2.5 million consideration pending shareholder approval. Exploration activity remained subdued across its portfolio during the December quarter.

Australian Silica Quartz Group reports promising high-grade quartz results from its Queensland and Western Australia projects, advancing metallurgical trials toward commercial-grade silicon and crucible quartz production.

BOA Resources has completed the issuance of securities tied to its $3.75 million placement after securing shareholder approval earlier this month.