Latest Exploration And Acquisition News

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.

Octava Minerals has secured a binding agreement to acquire the Federation Cu-Zn-Ag Project in Tasmania, reported promising bioleaching test results at its Byro REE-Li Project, and raised $1.5 million to fund exploration and working capital.

Taruga Minerals has exercised its option to acquire 100% of the Thowagee Project in Western Australia, reporting promising high-grade polymetallic rock chip and soil sampling results that expand exploration potential.

Bioxyne Limited has reported record revenue and cash flow for FY25, driven by robust growth in the Australian medical cannabis market and strategic advances into Europe and the UK.

BPM Minerals has reshaped its portfolio by acquiring the Forelands Gold Project and selling the Claw Gold Project, positioning itself for growth in Western Australia’s gold sector.

Patriot Resources has signed to acquire the high-grade Sugarloaf Copper Deposit in Zambia and commenced drilling on a fresh copper target, backed by a $2.2 million capital raise to accelerate exploration.

Skylark Minerals reports solid progress in its Simon Copper and Perseverance Projects with ongoing fieldwork analysis, while maintaining a strong cash position and advancing gold asset acquisitions.

Firetail Resources has secured options to acquire two high-grade gold projects in the USA, positioning the company for significant growth, while advancing copper exploration in Peru and Canada with strong external support.

Octava Minerals secures $1.5 million in a placement to fund exploration and due diligence for acquiring the historically promising Federation copper-zinc-silver project in Western Tasmania.

EQ Resources Limited highlighted its growing global footprint in tungsten mining at the 2025 Noosa Mining Conference, detailing production growth, reserve expansions, and strategic funding initiatives.

Elsight Limited has raised A$60 million through a strongly supported placement, marking a milestone with consecutive record revenues and cash flow breakeven. The company is poised to capitalize on surging defence budgets and expanding drone markets with a robust pipeline of opportunities.