Latest Exploration And Evaluation News

First Lithium Limited is on the cusp of securing critical mining license renewals in Mali and anticipates releasing its maiden Mineral Resource Estimate this quarter, while managing funding and exploration cost pressures.

Bannerman Energy reported a robust $80 million cash inflow from financing in Q2 2025, offsetting significant exploration expenditures and maintaining a strong cash position.

Great Western Exploration Limited reported a steady cash position of A$2.7 million at the end of June 2025, maintaining sufficient funding for upcoming quarters despite ongoing exploration expenditures.

Regener8 Resources has secured a key tenement near a major discovery in NSW and completed a drone magnetic survey, setting the stage for promising early-stage exploration activities.

E79 Gold Mines Limited reported a solid cash position of AUD 2.11 million at the end of June 2025, balancing ongoing exploration costs with fresh financing inflows. The quarterly cash flow report reveals how the company is managing its funding amid active gold exploration.

NuEnergy Gas Limited reports a mixed quarter with ongoing exploration costs and a strategic push towards early gas sales, while actively seeking new funding to sustain operations.

DevEx Resources has identified multiple large-scale uranium exploration targets at its Nabarlek Project, supported by government co-funding and advancing ground surveys. Meanwhile, soil geochemistry testing is underway at Murphy West, signalling sustained exploration momentum.

VRX Silica Limited has successfully concluded the environmental appeal process for its Arrowsmith North Silica Sand Project, with the WA Minister for Environment confirming the adequacy of the EPA assessment. The company is now advancing financing discussions and offtake agreements as it awaits formal project approval.

Diablo Resources Limited reported a cash outflow for the June 2025 quarter, with limited cash reserves and plans underway to secure additional funding to sustain its exploration activities.

Delta Lithium has completed the demerger and IPO of its Mt Ida Gold asset into Ballard Mining, raising $30 million and retaining a 46% stake, while significantly expanding its lithium project tenure in Western Australia.

Iron Road Ltd has secured its key mining lease through 2026 and entered a strategic farm-in agreement targeting heavy mineral sands, navigating a tough iron ore investment climate and evolving green energy partnerships.

Nimy Resources reports impressive high-grade gallium assays from its Block 3 East drilling campaign, advancing towards a maiden JORC-compliant resource at the Mons Project. The company also strengthens its metallurgical research partnerships and secures fresh capital to fuel ongoing exploration.