Latest Exploration Funding News

Culpeo Minerals reports promising high-grade copper intersections at its La Florida Prospect and secures A$3 million to fund upcoming drilling at Vista Montana, advancing its Chilean copper exploration ambitions.

Noxopharm has successfully completed dosing in its HERACLES clinical trial for SOF-SKN™, demonstrating strong safety and tolerability. The company also secured a new overseas partnership and its first US patent for the Sofra platform.

M3 Mining Limited has identified promising new drill targets at its Edjudina Gold Project and secured additional funding to advance exploration activities, positioning the company for potential growth in Western Australia’s gold sector.

Evolution Energy Minerals has ramped up exploration at its Chikundo Copper Project while stabilising its finances and navigating regulatory hurdles in Tanzania. The company is preparing for drilling in 2026 despite a tight cash position.

Brightstar Resources has released an updated feasibility study for its Goldfields Project, projecting $1 billion in pre-tax free cash flow and a 74% internal rate of return, setting the stage for a Final Investment Decision in March 2026.

Lachlan Star Limited has reported promising extensions of shallow gold mineralisation at its Killaloe Project in Western Australia and completed maiden drilling at its North Cobar Copper-Gold Project in New South Wales, supported by government co-funding and heritage clearances.

EV Resources has completed extensive groundwork at its Los Lirios Antimony Project in Mexico and secured a processing plant, positioning itself for a transformative 2026 with maiden drilling and production plans underway.

Australian Critical Minerals has raised $3 million through a heavily oversubscribed placement to fund maiden drilling at its promising Flint Gold-Silver Project in Peru.

Mindax Limited advances its vision for Western Australia's Mid-West iron ore hub, issuing 58 million options to directors and raising fresh capital to fuel exploration and development.

E79 Gold Mines Limited reported a solid quarter with a $3.1 million equity raise, ending December 2025 with $3.58 million in cash despite ongoing operating losses.

Cosmo Metals has identified two promising volcanic massive sulphide targets within the Mt Everest – Mona corridor at its Bingara Project, setting the stage for the first drilling campaign in this historically underexplored VMS belt.

Dynamic Metals Limited has made significant strides in its Western Australian exploration projects, securing government funding and reporting promising early assay results. The company maintains a strong cash position to support ongoing activities across gold, lithium, and fluorite targets.