Latest Exploration Funding News

Cosmo Metals Limited has announced a fully underwritten entitlement offer to raise approximately $1.55 million, aimed at advancing drilling and exploration across its key gold and base metals projects. The offer includes new shares and attaching options, with funds earmarked for multiple projects in Western Australia and New South Wales.

Tartana Minerals secures $4.5 million to ramp up exploration at its Nightflower Silver-Lead-Zinc-Antimony project and appoints a new director to bolster governance.

DeSoto Resources has confirmed high-grade gold mineralisation in maiden drilling at its expansive Siguiri Basin projects in Guinea, backed by a strong treasury and a US$12.5 million funded alliance with Fortuna Mining.

Kali Metals has raised $7 million through a share placement to fund further exploration at its promising Marble Bar Gold Project and lithium assets in Higginsville. The capital injection underscores investor confidence in the company’s growth strategy.

Krakatoa Resources has raised $1.25 million through a well-supported placement to fund the next phase of exploration at its high-grade Zopkhito Antimony-Gold Project, following promising drilling results that validate historic data.

Cavalier Resources has taken a significant step forward at its Crawford Gold Project by signing a Native Title Agreement and delivering promising drilling results that support resource expansion. The company is advancing towards production while exploring funding options.

Macarthur Minerals reported steady progress at its Lake Giles Iron Ore Project during the December 2025 quarter, alongside key board changes and cautious cash management.

Redstone Resources has reported significant new high-grade copper intersections at unprecedented depths beneath its Tollu Copper deposit in Western Australia, hinting at a larger magmatic sulphide system. The company also secured government grants and raised capital to advance exploration.

3D Energi has reported significant gas discoveries at Essington-1 and Charlemont-1 wells in the Otway Basin, reinforcing its strategy to supply local gas to Australia's east coast. However, the company faces funding challenges that have led to a temporary trading suspension.

Hydrocarbon Dynamics Limited has entered voluntary suspension pending a major transaction announcement while continuing global trials of its Multi-Flow product. A new auditor appointment and board leadership change mark a period of strategic transition.

Great Southern Mining Limited reported significant gold intercepts from its Western Australian and Queensland projects during the December 2025 quarter, alongside securing up to A$337,500 in government co-funded drilling grants.

US1 Critical Minerals reports ongoing legal disputes over US rare earth tenements while advancing Tanzanian uranium exploration and securing $1.5 million in new capital.