Latest Exploration Funding News

Sunshine Metals Limited reported a solid cash position of AUD 5.1 million at the end of Q3 2025, supported by a strong financing inflow that offsets ongoing exploration expenditures.

Audalia Resources completed key drilling and metallurgical programs at its Medcalf vanadium-titanium-iron project, progressing towards a resource upgrade and mine design. However, cash reserves and funding runway remain limited, underscoring the need for successful financing.

Pivotal Metals has raised $5.4 million to accelerate exploration at its Belleterre copper-gold project in Quebec, supported by prominent investors including Matthew Latimore. Drilling is set to begin in December 2025, targeting high-grade mineralisation zones.

Lachlan Star Limited reports robust gold mineralisation at its Killaloe Project in Western Australia and progresses maiden drilling at North Cobar in New South Wales, supported by a $2.16 million capital raise.

Altitude Minerals has been awarded an $80,000 NSW Government grant to co-fund drilling at its T55 copper-gold porphyry target, advancing exploration at the Byrock Project in New South Wales.

Torque Metals reports breakthrough drilling results at its Paris Gold Project, extending high-grade gold mineralisation beyond existing resources and maintaining strong financial footing for ongoing exploration.

Kincora Copper has been awarded a $143,483 drilling grant from the NSW Government to advance exploration at its promising Wongarbon porphyry project, marking a key step in unlocking one of Australia’s significant copper-gold prospects.

Sarama Resources has completed the third tranche of its A$2.7 million equity placement, raising A$100,000 to advance exploration at its Cosmo Gold Project and support ongoing arbitration efforts.

Bass Oil Limited reported a 3% rise in September oil production, driven by a 20% uplift in Indonesian output, while awaiting regulatory approval for a strategic gas field acquisition.

Atlantic Lithium has revealed significant lithium-in-soil anomalies across its Rubino and Agboville licences in Côte d’Ivoire, alongside new spodumene pegmatite discoveries, signaling promising exploration potential in a largely underexplored region.

Arika Resources has agreed to sell its Admiral Bay Zinc Project for $1.15 million upfront, unlocking capital to accelerate drilling at its promising gold projects in Western Australia.

Great Southern Mining has won up to $337,500 in government grants to advance drilling at its Duketon Gold and East Laverton projects, aiming to unlock deeper gold and platinum group element deposits.