Latest Exploration And Resources News

Elementos Limited has delivered a robust Definitive Feasibility Study for its Oropesa Tin Project in Spain, secured a $5 million strategic investment from Metals X, and progressed exploration at its Cleveland Tin Project in Tasmania.

Capricorn Metals reports a 13% increase in Mineral Resources at its Mt Gibson Gold Project, highlighted by maiden underground resources and promising high-grade gold intercepts, alongside a strategic acquisition expanding its footprint in Western Australia.

Constellation Resources reports promising natural hydrogen exploration results across a massive 87,602 km² in Western Australia, alongside advancing copper-gold targets at Ularring and raising $1.1 million in a recent entitlement offer.

Novo Resources reports strong June quarter progress with high-grade gold intercepts at Tibooburra and new target zones at John Bull, advancing multiple projects across Australia.

Ora Banda Mining reported a 36% rise in FY25 gold sales and a strong cash position, despite some operational delays. The company’s FY26 guidance targets a 60% production increase, backed by significant exploration successes.

Leeuwin Metals has reported strong high-grade gold assay results from its recent drilling at the Marda Gold Project, confirming mineralisation continuity along a 3km corridor and setting the stage for further exploration.

SQX Resources has advanced its exploration strategy by integrating new and historical data at its Queensland projects, aiming to define a mineral resource while maintaining a solid cash position.

Norfolk Metals has successfully raised $3.5 million in an oversubscribed placement to fund its maiden drilling program at the Carmen Copper Project in Chile, signaling strong investor confidence and a clear path toward resource definition.

Asara Resources has raised $25 million through a well-supported institutional placement to accelerate exploration at its promising Kada Gold Project in Guinea. The capital injection aims to expand drilling and resource growth over the next 12-18 months.

Blaze Minerals has acquired a commanding interest in the Loulombo Project in the Republic of the Congo, unveiling exceptional base metals grades and planning a maiden drilling campaign. Meanwhile, critical mineral discoveries in Uganda and a $2.42 million capital raise underpin its growth trajectory.

Delta Lithium has completed the demerger and IPO of its Mt Ida Gold asset into Ballard Mining, raising $30 million and retaining a 46% stake, while significantly expanding its lithium project tenure in Western Australia.

Global Lithium Resources has made significant progress on its Manna Lithium Project, advancing its Definitive Feasibility Study and securing a key variation to its offtake agreement with Canmax. The company also reported a substantial reduction in its cash burn rate, maintaining a strong cash position.