Latest Exploration And Evaluation News

Resource Mining Corporation (ASX: RMI) reported promising initial gold assays from its Saudi Arabian projects and is evaluating near-term gold production in Tanzania, while managing a constrained cash position and new funding arrangements.

Tempest Minerals has made significant progress on its Remorse iron deposit in Western Australia, initiating metallurgical studies and signing a strategic MOU with Green Steel. The company also announced a capital raising plan to support ongoing exploration and development.

Elementos Limited has delivered a robust Definitive Feasibility Study for its Oropesa Tin Project in Spain, secured key partnerships, and commenced new drilling at its Cleveland Project in Tasmania, all against a backdrop of rising tin prices driven by global supply disruptions.

Strategic Energy Resources advances its copper-gold and polymetallic exploration with refined drill targets at Isa North, promising anomalies at South Cobar, and a major new gold project granted in Queensland, while managing funding and asset divestment.

Triangle Energy reported a $9.85 million cash balance for the March quarter, plugged the Becos-1 well after disappointing results, and agreed to defer the Cliff Head asset sale to Pilot Energy until 2026.

Stelar Metals advances its exploration and business development efforts in Tier 1 Australian jurisdictions, spotlighting the promising Baratta Copper Project in South Australia.

Metal Bank Limited reported a net cash outflow in Q1 2025, with limited cash runway prompting strategic funding considerations including potential project sales.

Tivan Limited reported significant progress in Q1 2025, including advancing a binding joint venture with Sumitomo Corporation for its Speewah Fluorite Project and securing seven exploration licenses for its Turiscai copper-gold project in Timor-Leste.

Maronan Metals reports robust assay results confirming extensive high-grade silver-lead mineralisation and promising copper-gold intercepts, alongside progress in mine development with a Mineral Development Licence application.

Boss Energy Limited reported a solid first quarter for 2025, posting positive net cash from operating activities and maintaining robust cash reserves despite ongoing investing outflows.

Siren Gold has submitted a Mining Permit application for its Sams Creek gold project in New Zealand, supported by a robust Scoping Study and plans for infill drilling to upgrade resource confidence. Exploration momentum continues at its Langdon’s and Queen Charlotte projects, positioning the company for a transition from exploration to development.

Invictus Energy has secured a three-year extension for its Cabora Bassa Basin licence and gained environmental approval for pilot gas production, setting the stage for expanded exploration and early commercialisation in Zimbabwe.