Latest Exploration Finance News

WIN Metals has taken a strategic step to progress its Radio Gold Project by securing a six-month option to acquire a modular gravity processing plant from Tungsten Mining, aligning with its plan for onsite gold processing at 120,000 tonnes per annum.

Black Bear Minerals has engaged Ausenco for detailed restart studies at its Shafter Silver Project, while securing a non-binding financing support letter from Export Finance Australia to explore funding pathways aligned with U.S.-Australia critical minerals priorities.

Provaris Energy, alongside Kawasaki Kisen Kaisha (K LINE) and Norwegian Hydrogen, has formalised a cooperation to develop a commercial hydrogen shipping supply chain from Norway to Northern Europe, focusing on cost modelling and charter terms for compressed hydrogen transport.

Tambourah Metals has delivered compelling high-grade gold assay results from its Bryah and Tambourah projects, while accelerating exploration of critical minerals at Speewah North with a solid $5.35 million cash buffer.

Thor Energy secured A$6.56 million from the Molyhil sale, expanded its natural hydrogen portfolio with new Otway Basin licences, and advanced its HY-Range Project geochemistry survey during Q1 2026.

CGN Resources has significantly boosted its Western Australian gold portfolio by securing the Desdemona Project from Patronus Resources, setting the stage for a maiden drilling campaign at Christmas Well and Panhandle projects in May 2026.

Koonenberry Gold has extended gold mineralisation at its Enmore Project to over 415m depth, with visible gold spotted in multiple drill holes and promising results from wide-spaced RC drilling at Hand in Hand. The company maintains a strong cash position to fund ongoing exploration across its NSW portfolio.

NH3 Clean Energy has appointed Linde Engineering to lead the Front End Engineering and Design for its WAH2 clean ammonia project, while exploring innovative project delivery options to optimise capital and operational risk.

NexGen Energy is advancing through the final Canadian Nuclear Safety Commission hearing for its Rook I uranium project, buoyed by strong Indigenous community support and over a decade of environmental and social groundwork.

Locality Planning Energy Holdings Ltd has quietly settled its Harbour Towers dispute and launched a new broadband product, signalling a strategic pivot towards a scalable multi-utility platform.

Metal Hawk Limited has completed its maiden diamond drilling program at Leinster South, revealing significant high-grade gold intersections at the Thylacine Prospect and identifying new targets through advanced geophysical surveys.

Future Metals NL has outlined strategic initiatives to enhance its flagship Panton PGM Project, leveraging rising platinum group metal prices and new processing opportunities. Key work programs and management appointments position the company for accelerated development in 2026.