Latest Exploration And Resources News

Kingston Resources launches a $8.47 million rights issue at a 12.5% discount, backed by a $4.4 million placement, to finance a major drilling campaign and plant expansion at Mineral Hill following the closure of its Pearse South open pit.

Tivan Limited has inked a Memorandum of Understanding with Aboriginal Investment NT to explore investment and Indigenous participation in the Molyhil Tungsten Project, advancing its critical minerals ambitions in the Northern Territory.

Constellation Resources is raising $3.22 million through a non-renounceable entitlement offer priced at $0.12 per share, aiming to bolster exploration in Western Australia and support general working capital.

Hawk Resources has secured $1.11 million through a rights issue to fund its critical minerals projects across Western Australia and the US, with directors backing the raise in full.

Daly Resources has debuted on the ASX after a $12 million IPO, positioning itself to explore fluorite, copper, and zinc in the Northern Territory, led by the Huckitta project.

Orpheus Uranium (ASX: ORP) is set to kick off its inaugural drilling program at the Erudina Uranium Prospect within the Frome Project, targeting a 10 km-long palaeochannel system with the aim of refining geological models and advancing towards a potential mineral resource.

Critical Resources Limited has validated a high-grade tungsten system at its Granite Creek target in New Zealand, with channel sampling returning 16.63% WO₃ true width. The results underpin a clear path to drilling amid tightening global tungsten supply.

GoldArc Resources has identified distinct critical element associations with gold mineralisation at Mt Stirling and Mt Stirling Well, advancing metallurgical test work and mine planning with BML Ventures.

Far East Gold has increased its ownership of the high-grade Idenburg Gold Project in Indonesia to 51%, issuing $6.5 million in shares to vendors and setting sights on an 80% stake after feasibility study approval.

FIN Resources has landed a C$111,034 government grant to expand its geophysical surveys at the Cabin Lake Gold Project in Canada’s Northwest Territories, aiming to sharpen drill targets and unlock further exploration potential.

Accelerate Resources has initiated a 1,200m reverse circulation drilling program at its newly identified Spencers gold prospect within the expanded Balagundi Gold Project, aiming to validate and extend promising shallow gold mineralisation.

North Stawell Minerals (ASX:NSM) has reinforced its position in Victoria’s gold scene with strong drilling results and an updated 87,300-ounce resource at Wildwood, leveraging advanced geophysical techniques to unlock potential beneath cover.