Latest Exploration Management News

Mithril Silver and Gold Limited reports robust exploration progress in Mexico’s Copalquin district, delivering multiple high-grade gold-silver intercepts and mobilising a second drill rig to expand its 2025 drilling program. The company maintains a strong cash position of A$14.2 million as it advances resource growth.

Aldoro Resources has reported significant progress at its Kameelburg REE-Niobium Carbonatite Project in Namibia, confirming a substantial polymetallic discovery and expanding its Phase I drilling program with full funding secured.

Zenith Minerals reported a pivotal quarter advancing exploration at its Dulcie Far North and Red Mountain gold projects, while agreeing to divest its Turkish Kavaklitepe interest, sharpening its focus on domestic assets.

Cannindah Resources has reported significant diamond drilling results at its Mt Cannindah project, including high-grade gold intercepts and the identification of a large new porphyry copper-gold-molybdenum target, alongside strategic board and management appointments.

Belararox Limited has made significant progress in its maiden drilling program at the TMT Project in Argentina, revealing promising visual copper mineralisation while maintaining a robust financial position with A$6.8 million cash and zero debt.

Peregrine Gold Limited has secured a pivotal agreement for gold extraction at its Peninsula Prospect, launched major drilling campaigns at Mallina and Tin Can, and bolstered its treasury through a $2.5 million capital raise and asset sale.

C29 Metals bolstered its Kazakhstan multi-mineral project with a new tenement grant and appointed Dr Robert Stuart as Chief Geoscientist, while maintaining a solid cash position of $1.674 million at quarter end.

Greenvale Energy has completed the acquisition of the high-grade Oasis Uranium Project in Queensland and successfully raised $1.8 million to fund upcoming exploration programs, marking a significant step in its uranium portfolio expansion.

Askari Metals has acquired 100% ownership of Rift Valley Metals, gaining a highly prospective 460 km² gold project portfolio in Ethiopia’s underexplored Adola Greenstone Belt. This move positions the company at the forefront of exploration in a prolific gold region with significant discovery potential.

Infini Resources reports promising uranium assays from maiden drilling at Falls Lake and completes key Athabasca Basin acquisitions, backed by a $3.4 million Canadian capital raise.

James Bay Minerals reports a maiden JORC Mineral Resource Estimate of approximately 1.7 million ounces gold equivalent at its Independence Gold Project in Nevada, alongside the start of metallurgical testing and a new drilling campaign targeting resource growth.

Sun Silver Limited has announced a substantial upgrade to its Maverick Springs Project resource, now totalling nearly 480 million ounces silver equivalent, alongside key leadership appointments and the launch of its 2025 drilling campaign.