Latest Exploration Funding News

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Burley Minerals Ltd is offering eligible shareholders in Australia and New Zealand the chance to buy up to $30,000 of shares at a 17.9% discount through a $300,000 Share Purchase Plan, aiming to bolster its exploration funding without brokerage costs.
Maxwell Dee
Maxwell Dee
21 May 2026
Evergold Minerals has kicked off a 3,000m reverse circulation drilling campaign at its Mt Monger Gold Project, aiming to confirm high-grade gold mineralisation at Duchess of York and test a newly defined intrusive-related target at Gladiator.
Maxwell Dee
Maxwell Dee
19 May 2026
Kincora Copper has received a US$1.5 million non-refundable option payment from Tumen Ail Coal, marking a significant step toward divesting its Mongolian subsidiaries. The staged US$10 million deal supports Kincora’s shift to focus on Australian projects and its project generator model.
Maxwell Dee
Maxwell Dee
19 May 2026
Helix Resources has secured $668,286 through a placement of over 534 million shares at $0.00125 each, aiming to fund its copper and gold projects across Arizona and New South Wales.
Maxwell Dee
Maxwell Dee
18 May 2026
Manuka Resources has locked in an underwriting deal to cover the exercise of over 11 million options, aiming to raise approximately $2.5 million through a share issuance expected by late May.
Maxwell Dee
Maxwell Dee
18 May 2026
Kincora Copper has accelerated exploration across its Australian and Mongolian assets, leveraging new AI and quantum technology partnerships alongside partner-funded drilling, while reporting a modest net income and a strong cash position in Q1 2026.
Maxwell Dee
Maxwell Dee
15 May 2026
Alicanto Minerals has struck strategic earn-in agreements for its Swedish projects potentially worth A$21 million, while expanding its Mt Henry Gold Project footprint in Western Australia and proposing a name change to Sinclair Gold.
Maxwell Dee
Maxwell Dee
14 May 2026
GreenTech Metals has raised $7.5 million through an oversubscribed placement to accelerate exploration and development at its Munni Munni and Whundo projects in Western Australia's West Pilbara.
Maxwell Dee
Maxwell Dee
12 May 2026
Olympio Metals has earned a 51% interest in its Bousquet Gold Project in Quebec, Canada, following strong Phase 2 drill results, while completing the sale of its Dufay Gold Project for CAD$684k in cash.
Maxwell Dee
Maxwell Dee
11 May 2026
Mamba Exploration has identified over 20km of gold mineralisation strike at its Meeka East Gold Project, extending the Mulga Bill trend and unveiling new anomalies. The company secured up to $90,000 in co-funding from the WA Government’s Exploration Incentive Scheme to advance drilling plans.
Maxwell Dee
Maxwell Dee
8 May 2026
Audalia Resources has secured $450,000 through a share placement to push forward mining design and regulatory approvals at its Medcalf Project.
Maxwell Dee
Maxwell Dee
6 May 2026
Alice Queen Limited (ASX:AQX) has initiated a partially underwritten rights issue aiming to raise up to $5.77 million, with substantial shareholder Gage Resource Development committed to maintaining control. The funds will primarily support further drilling and project development at Horn Island.
Maxwell Dee
Maxwell Dee
6 May 2026