Latest Exploration And Evaluation News

Jindalee Lithium Limited reported a cash outflow for the December 2025 quarter but maintains a solid cash position of A$6.5 million, with an estimated funding runway of 1.67 quarters. The company remains confident in securing additional financing to support its pre-development activities.

Golden Globe Resources has successfully completed an oversubscribed $8.5 million IPO and immediately commenced a significant drilling program at its flagship Dooloo Creek project in Queensland. The company is advancing exploration with a new geological model targeting high-grade gold and copper mineralisation.

Marvel Gold Limited has initiated a comprehensive drone-borne magnetic survey over its Hanang Gold Project in Tanzania and entered a binding agreement to divest its Yanfolila Gold Project in Mali, signalling a strategic shift in its asset portfolio.

Kingston Resources reported a solid operating cash inflow of A$3 million for the December quarter, ending with nearly A$25 million in cash despite significant investing and financing outflows.

Deep Yellow Limited reported a $15.8 million net cash outflow from operations in Q2 2025, yet maintains a robust cash position with enough funding to cover operations for nine quarters.

Noronex Limited has accelerated its drilling programs across key Kalahari Copper Belt projects, secured a strategic placement, and agreed to sell its Witvlei asset, positioning itself for uranium exploration in Namibia.

Star Minerals has received mining approval for its Tumblegum South Gold Project and commenced grade control drilling, setting the stage for production in early 2026 amid rising gold prices.

Green & Gold Minerals reports outstanding high-grade gold drill results from Mt Wandoo and Little Wandoo, accelerating its development plans and expanding resource potential.

Bellevue Gold Limited reported a robust cash flow and significant debt reduction in its December 2025 quarter, ending with a strong cash position of A$165.1 million. The company made early principal repayments on its project loan facility, lowering outstanding debt to A$100 million.

Legend Mining has significantly expanded its Pinnacle Well Project, acquiring new tenements and identifying two high-priority gold anomalies, while winding back its Rockford joint venture holdings.

Norwest Minerals reported a cash outflow in the December 2025 quarter driven by an intensive drilling program, ending with A$1.64 million in cash. The company signals potential capital raising while maintaining confidence in ongoing operations.

Panther Metals has completed a $315k shortfall placement, bolstering its funding as it plans deeper drilling at Burtville East and initiates a strategic review of its Coglia project in response to soaring cobalt prices.