Latest Exploration And Acquisition News

First Au Limited has successfully completed a two-tranche placement raising $1.56 million to fund its acquisition of the Nimba Gold Project and ongoing exploration activities.

Iress Limited reported a stable half-year profit for 2025, maintaining net earnings despite a slight revenue dip and ongoing divestments. The company strengthened its balance sheet through debt reduction and declared a healthy interim dividend, while exploring potential acquisition opportunities.

Australian Gold and Copper Ltd (AGC) has agreed to acquire the Browns Reef Project from Eastern Metals, significantly enlarging its South Cobar tenure and advancing its silver-gold exploration ambitions.

Marvel Gold Limited is progressing its acquisition of the Hanang Gold Project in Tanzania with key regulatory approvals underway, while navigating delays in Mali that impact the sale of its Tabakorole and Yanfolila gold assets.

Australian Critical Minerals has acquired six exploration projects in Peru, significantly broadening its portfolio with targets in gold, copper, silver, base metals, and lithium. The company also completed a $1 million capital raise to fund upcoming exploration activities.

Cosmo Metals has completed its acquisition of the Bingara and Nundle projects in NSW, revealing extensive historic workings and high-grade targets ahead of maiden drilling. A recent $2 million placement strengthens its exploration push.

Lightning Minerals has secured A$2 million to fuel exploration and a strategic acquisition of Lotus Minerals, unlocking promising gold and copper projects in Australia. The company also advances lithium exploration in Brazil, setting the stage for near-term drilling at Mt Turner.

Golden Horse Minerals ramps up exploration at its Southern Cross gold project with strong high-grade results and moves to acquire the Sorrel Copper Project for $3 million, backed by a $15 million capital raise.

Solara Minerals has identified multiple compelling drill targets for gold and copper at its newly acquired Degrussa West Project following a detailed electromagnetic survey. The project lies near major regional deposits, setting the stage for an exciting exploration phase.

Gorilla Gold has accelerated its growth trajectory with strong drilling results at Comet Vale and Mulwarrie, alongside acquiring full ownership of Comet Vale. The company is poised for significant resource upgrades in the coming quarters.

MetalsGrove Mining has acquired a significant joint venture interest in three exploration permits near the prolific Abujar gold mine in Côte d’Ivoire, positioning itself for growth in a promising West African gold district.

AuKing Mining Limited has strengthened its financial position with a $5 million loan facility and progressed its strategic Cloncurry Gold Project acquisition, while its Koongie Park JV reports promising scoping study results.