Latest Exploration And Drilling News

Cauldron Energy Limited addresses a sharp share price rise, attributing it to strong uranium exploration results and market speculation linked to a sector takeover.

G11 Resources has raised A$7.5 million through a two-tranche placement to fund exploration at its copper and gold projects in Tasmania and New South Wales, positioning the company for potential major discoveries.

Askari Metals has successfully closed an oversubscribed rights issue raising approximately $1.6 million to accelerate exploration at its promising Nejo Gold and Copper Project in Ethiopia and the Uis Project in Namibia.

Mt Malcolm Mines has successfully closed an oversubscribed $2.3 million rights issue and secured an additional $750,000 placement, positioning the company to fast-track exploration and development at its Malcolm Gold Project.

North Stawell Minerals reported a strong turnaround in FY2025 with encouraging gold exploration results at Darlington and a successful $2.4 million capital raise, setting the stage for growth.

Cazaly Resources has raised $3.5 million through a strongly supported placement to accelerate reverse circulation drilling at its Goongarrie Gold Project in Western Australia. The capital injection positions the company to expand exploration efforts and advance key targets in a promising gold region.

Sun Silver Limited’s latest drilling results at the Maverick Springs Project in Nevada confirm thick, consistent silver-gold mineralisation, reinforcing its status as a world-class precious metals system.

Catalina Resources has raised A$1.266 million through a share placement to advance its gold exploration in Western Australia's Yilgarn region, alongside proposing a significant share consolidation to streamline its capital structure.

Canterbury Resources reports encouraging initial assay results from deep drilling at its Briggs copper deposit, confirming robust mineralisation and extending exploration potential. Further results and drilling progress are set to shape the project's next phase.

Belararox Ltd has signed a drilling contract with Boart Longyear, setting the stage for deep diamond drilling at its TMT Project in Argentina. Concurrent geophysical surveys are refining targets ahead of planned Q4 2025 drilling.

Tartana Minerals partners with Alt Resources in a $2 million joint venture to accelerate exploration of critical metals in Far North Queensland, focusing on tin, tungsten, and rare earth elements.

Rimfire Pacific Mining has initiated an infill air core drilling program at its Murga Exploration Target in NSW’s Fifield District, aiming to advance its scandium resource potential with results expected in early 2026.