Latest Exploration And Resources News

Forrestania Resources has lodged a replacement bidder's statement for its off-market takeover offer of Kula Gold, offering 1 Forrestania share for every 5.6 Kula shares. The Kula board unanimously recommends acceptance, highlighting strategic benefits and operational synergies.

Greenvale Energy has raised approximately AUD 856,000 through an oversubscribed Share Purchase Plan, strengthening its uranium exploration efforts in Queensland and the Northern Territory.

Dart Mining NL reports consistent massive stibnite intersections across a 300m strike at its Coonambula Antimony-Gold Project, advancing drilling efforts and aiming for a JORC-compliant resource. The project’s potential is bolstered by historical and recent high-grade antimony and gold mineralisation.

Bubalus Resources has raised $1.5 million through a discounted share placement to fund exploration across its Victorian gold and Northern Territory critical minerals projects, with drilling programs set to commence imminently.

Kula Gold Limited’s board unanimously recommends shareholders accept Forrestania Resources’ off-market takeover offer, valuing Kula shares at a significant premium and promising reduced funding risks and exposure to a stronger combined gold portfolio.

GreenTech Metals Ltd has raised $5.2 million to fund drilling and resource upgrades at its Munni Munni Platinum-Palladium-Copper-Nickel project, aiming to validate and expand one of Australia’s largest undeveloped PGE deposits.

Tartana Minerals has postponed its planned drilling at the Beefwood copper-gold prospect in Far North Queensland due to persistent wet conditions, resulting in the loss of government funding and a rescheduled timeline for 2026.

Odyssey Gold has reported strong reverse circulation drilling results at its Tuckanarra Project, reinforcing the existing resource model and advancing plans for a resource upgrade. The Highway Deposit continues to demonstrate promising grade continuity and open pit potential.

FireFly Metals has announced a significant upgrade to its Green Bay Copper-Gold Project resource, alongside a A$139.5 million equity raise to fund ongoing drilling and development. The company is poised for rapid growth in a tier-one mining jurisdiction with strong infrastructure and exploration upside.

NexGen Energy has reported its highest-grade uranium assay to date from the Patterson Corridor East at its Rook I Project, revealing exceptional mineralization that could redefine the project's potential.

ADX Energy has reported a significant 31% increase in its prospective gas resources for the Sicily Channel offshore permit, driven by new data from nearby fields and historic wells.

Patagonia Lithium has reported successful initial brine extraction and core sampling at its Formentera lithium project in Argentina, marking steady progress in its drilling campaign. Early results indicate favorable porosity and brine characteristics that support ongoing exploration efforts.