Latest Exploration And Evaluation News

Culpeo Minerals reported a challenging quarter with cash outflows from operations and investing, offset by financing inflows, leaving under one quarter of funding available. The company is actively reviewing capital raising options to maintain its exploration activities.

C29 Metals is set to drill test two key targets at its Sampsons Tank Copper project after a strategic review, while relinquishing its Mayfield project and preparing for a capital raise.

Impact Minerals Limited reported a net cash outflow in operating and investing activities for Q3 2025 but strengthened its cash position through a significant equity raise, ending the quarter with nearly $5 million in cash.

Reach Resources has made significant progress at its Murchison South Gold Project, confirming high gold recovery rates and preparing for an extensive drilling campaign to upgrade resource confidence.

Vintage Energy reported a 24% drop in quarterly sales revenue to $0.9 million alongside a 20% production decline, while initiating a Production Uplift Program targeting its Southern Flank gas fields and maintaining steady 2P reserves at 12.5 MMboe.

Tlou Energy Limited reported a $1.07 million net cash outflow for Q3 2025 and secured $2.37 million through equity issuance, yet its funding runway remains just one quarter. The company is actively pursuing additional capital to sustain operations amid ongoing expenditure.

Petratherm Limited has significantly extended high-grade titanium mineralisation at its Rosewood East prospect and discovered a new Echo Prospect, advancing its Muckanippie Project towards a maiden resource.

Kingston Resources Limited reported a robust cash position of A$31 million at the end of September 2025, supported by significant investing inflows and prudent financing activity.

Hot Chili Limited has successfully raised A$14.1 million through a fully subscribed entitlement offer to advance its Costa Fuego copper-gold project in Chile, initiating a critical second phase of diamond drilling at the La Verde discovery.

Oceana Lithium advances exploration at its Bangemall, Solonópole, and Napperby projects, deploying new geophysical surveys and preparing trenching programs while maintaining a solid cash position of nearly AUD 2.9 million.

Bellavista Resources confirms successful initial bioleaching tests at its Brumby deposit, recovering key critical minerals, while progressing due diligence on over 50 potential projects to expand its portfolio.

Agrimin Limited continues its strategic review of the Mackay Potash Project while initiating new geophysical surveys in Western Australia’s West Arunta region, alongside ongoing cost reductions and a stable cash position.