Latest Exploration And Evaluation News

Empire Resources has completed a significant 21-hole reverse circulation drilling campaign at its Yuinmery Project, targeting copper-gold mineralisation across multiple prospects. Assay results are pending, with the company poised to define resource potential amid ongoing exploration.

White Cliff Minerals confirms significant high-grade copper and silver mineralisation at its Danvers prospect, raising A$14.4 million to fund expanded exploration. The company also announces a strategic board appointment as it advances its Rae Copper and Great Bear projects.

Lakes Blue Energy has secured $6.5 million in new capital and is set to begin drilling the Wombat-5 gas well, targeting near-term supply to Victoria’s east coast market. Meanwhile, its Nangwarry carbon dioxide project moves forward with a fully funded feasibility study.

Auris Minerals reports steady progress in its Bryah Basin projects, maintaining a solid cash position while continuing due diligence on new opportunities.

Culpeo Minerals reported a challenging quarter ending June 2025 with net cash outflows from operations and investing activities, offset by a recent $2.49 million capital raise that underpins its near-term funding.

Tlou Energy Limited’s latest quarterly cash flow report reveals a cautious financial position with A$2.74 million in available funding, supporting approximately 2.5 quarters of operations as exploration activities continue.

Tolu Minerals reports significant progress at its Tolukuma Gold Mine, unveiling infrastructure upgrades and a $14.3 million exploration program aimed at boosting production and extending mine life.

West African Resources Limited reported a robust quarter with strong operating cash inflows and significant investment in exploration, ending June 2025 with A$279 million in cash. The company’s strategic financing and spending patterns highlight its commitment to growth in West Africa’s gold sector.

Coda Minerals reports breakthrough metallurgical results at its Elizabeth Creek Copper-Cobalt Project, achieving copper recoveries up to 95.9% and advancing key environmental approvals.

Meeka Metals reported a robust cash position of $55.6 million at the end of June 2025, supported by strong financing inflows despite significant outflows on exploration and evaluation activities.

Carnavale Resources has reported a substantial 38% increase in its Kookynie Gold Project mineral resource, now totaling 117,000 ounces of gold, driven by new high-grade discoveries and expanded drilling results.

Legacy Iron Ore Limited reported a robust operating cash inflow of A$16.1 million for the June 2025 quarter, ending with a healthy cash balance of A$9.7 million despite ongoing exploration investments.