Latest Exploration And Evaluation News

Auris Minerals has raised $3.2 million through a strategic placement to expand its geological team and fast-track exploration in the Bryah Basin, focusing on copper, gold, and rare earths.

Bannerman Energy Ltd reported a robust cash position of AUD 111.76 million at the end of September 2025, underpinning an estimated 13.5 quarters of operational funding despite ongoing exploration expenditures.

Native Mineral Resources Holdings Limited reported a challenging quarter with negative operating cash flow but secured significant financing to support ongoing exploration activities. The company anticipates improved cash flow performance in coming months.

Iron Road Ltd progresses its Central Eyre Iron Project and Mulgathing heavy mineral sands exploration despite subdued iron ore investment and volatile energy costs. Strategic land options secured at Cape Hardy signal potential green hydrogen collaboration.

Discovery Alaska Limited has detailed its exploration expenditures and strategic pivot from Alaskan projects to new US acquisitions, affirming its financial health and operational sufficiency to maintain its ASX listing.

Pioneer Lithium has raised $750,000 through a well-supported placement featuring director participation and a board reshuffle, aiming to fuel exploration and project development.

Brockman Mining reported a HK$34.6 million loss for FY2025 driven by exploration costs, while progressing key studies and approvals for its flagship Marillana iron ore project in Western Australia. The Group faces liquidity pressures but has secured shareholder loans to support ongoing development.

OZZ Resources Limited has provided a detailed update to ASX on its prolonged voluntary suspension, citing procedural delays in Zimbabwe and a pending joint venture at its Maguires Reward Project. The company outlines exploration activities, expenditure, and plans to resume trading.

Benz Mining Corp reported a CAD 3.58 million net loss for Q1 2025, driven by ramped-up exploration at its newly acquired Western Australian gold projects. The company bolstered its cash position with a CAD 27 million private placement post-period, aiming to fuel further resource growth.

Enova Mining has narrowed its half-year loss to $1.07 million while progressing key rare earth and lithium projects in Brazil and Australia, supported by recent capital raises totaling $2.35 million.

Dart Mining NL’s latest deep diamond drilling at the Triumph Gold Project reveals significant new lodes and mineralisation extending well beyond current resource boundaries, promising a substantial upgrade to the New Constitution zone.

Sandfire Resources Ltd reported a 26% surge in FY25 revenue to US$1.176 billion alongside a 46% rise in underlying EBITDA, driven by robust copper production and operational resilience despite severe weather disruptions. The company also slashed net debt by US$273 million, setting the stage for further growth in FY26.