Latest Exploration And Resources News

Cannindah Resources has confirmed two untested porphyry copper-gold-molybdenum targets outside its existing 14.5Mt Mineral Resource at Mt Cannindah, revealing promising high-grade surface samples and setting the stage for deeper drilling.

Kingsgate Consolidated reports significant gold and silver intersections at its Chatree South-East Complex and Chang Puek Prospect in Thailand, nearing completion of its 2025 drilling program to support an inaugural resource estimate. Meanwhile, geochemical sampling at its Chilean Nueva Esperanza Project wraps up with results expected soon.

Sultan Resources Ltd has announced a pro rata non-renounceable rights issue to raise approximately $1.16 million, aiming to fund exploration activities and strengthen working capital. The offer opens on June 11 and closes on June 20, 2025.

Sultan Resources Ltd has announced a non-renounceable entitlement offer to raise up to $1.15 million, aiming to fund exploration and working capital across its diverse mineral projects.

Variscan Mines Limited continues to reveal promising high-grade zinc and lead mineralisation outside the existing resource boundaries at its Udías Mine in Spain, signalling significant growth potential for the Novales-Udías Project.

Castile Resources has successfully detected Iron Ore, Copper, and Gold mineralisation at Pathfinder 38 using innovative Ambient Noise Tomography Survey technology, marking a first in exploration targeting. This breakthrough could redefine the company’s strategy to expand its Rover 1 style deposits.

Emmerson Resources’ joint venture partner Tennant Mining has begun commercial gold production at the Nobles Project near Tennant Creek, setting the stage for potential royalty payments and future development opportunities.

Lord Resources Limited has announced a pro-rata non-renounceable entitlement issue to raise approximately $1.39 million, primarily to fund exploration at its Ilgarari Copper Project. The offer presents both opportunity and risk for shareholders amid ongoing funding needs and exploration uncertainties.

Astute Metals has intersected two distinct lithium mineralisation zones in its latest drill-hole at the Red Mountain Project, Nevada, reinforcing its Exploration Target and geological model.

Southern Cross Gold Consolidated Ltd has reported extraordinary drill results from its Sunday Creek project in Victoria, revealing ultra-high-grade gold and antimony mineralization that significantly expands the discovery footprint.

Locksley Resources has secured $1.47 million through a heavily subscribed placement to fund a critical minerals exploration campaign at its Mojave Project in California, targeting rare earth elements and antimony.

Warriedar Resources has raised A$17 million through a placement to fast-track drilling and development at its Ricciardo deposit, home to Australia’s largest open-pit antimony resource and over 1 million ounces of gold. A Share Purchase Plan will follow, targeting an additional A$2 million.