Latest Exploration Incentive Scheme News

Critica Limited reports significant progress on its Jupiter Rare Earths Project, unveiling a 95% mass reduction in beneficiation testwork and appointing a new CEO to drive development.

Lord Resources has secured government co-funding and completed key surveys, setting the stage for its inaugural drilling campaign at the Ilgarari Copper Project in Western Australia.

Future Metals NL has raised A$4.2 million and entered a strategic MOU with Zeta Resources to explore processing its Eileen Bore and Panton ores at the Savannah Mine plant, signalling a new phase of development amid rising PGM prices.

Encounter Resources has announced a significant maiden mineral resource at its Aileron Niobium-REE-Copper Project and regained full ownership of the Yeneena Copper Project, setting the stage for accelerated exploration and development.

Premier1 Lithium’s maiden drilling at the Yalgoo Gold Project confirms multiple high-grade gold zones, while new targets emerge at Abbotts North and Mt Kersey, setting the stage for an active second half of 2025.

Buxton Resources reports significant progress across its exploration portfolio, including earthworks at Centurion, heritage survey completion at Madman, and a major graphite testwork success, while regaining full control of Fraser Range after IGO's exit.

Hamelin Gold Limited has progressed key drilling programs in Western Australia’s premier gold provinces, backed by a recent $2.8 million capital raise that leaves it well-funded for ongoing exploration.

WIN Metals Ltd has significantly expanded its Butchers Creek gold resource, boosting indicated ounces by 86% and advancing the project towards economic evaluation. Concurrent exploration successes and strategic asset sales underpin the company’s focused growth strategy.

Trek Metals has accelerated its exploration at the Christmas Creek Project with expanded drilling revealing promising high-grade gold mineralisation and a newly discovered gold nugget field. Backed by a $3.5 million capital raise and government co-funding, the company is poised for further breakthroughs.

Global Lithium Resources has made significant progress on its Manna Lithium Project, advancing its Definitive Feasibility Study and securing a key variation to its offtake agreement with Canmax. The company also reported a substantial reduction in its cash burn rate, maintaining a strong cash position.

Torque Metals has initiated diamond drilling at its Paris Gold Project to extend promising high-grade gold mineralisation, leveraging government co-funding and advanced geophysical targeting.

Tali Resources has completed detailed geophysical modelling on five key prospects within its West Arunta Project, confirming priorities for an imminent drilling campaign scheduled for August 2025.