Latest Exploration Programs News

Alara Resources (ASX:AUQ) is seeking to raise $3.84 million through a pro-rata non-renounceable entitlement offer, partially underwritten by major shareholder ATI. The funds will primarily support exploration and working capital amid ongoing operational progress at its Oman copper projects.

Breakthrough Minerals has launched a significant diamond drilling program at its Turpentine copper-gold deposit in North West Queensland, aiming to expand its largest resource within the Hazel Creek Copper-Gold Project.

Culpeo Minerals (ASX:CPO) has launched a pro-rata entitlement issue of approximately 198 million unlisted options, aiming to raise nearly A$500,000 to fund accelerated copper exploration in Chile. The options offer a low exercise price and long expiry, providing shareholders with leveraged exposure to the company’s drilling programs at El Quillay and Vista Montana.

Marquee Resources (ASX:MQR) is raising just over $1 million through a non-renounceable rights issue priced at half a cent per share, accompanied by free attaching options. The capital raise aims to support ongoing exploration and the recent acquisition of the Tungsten Mountain Project in Nevada.

Ballymore Resources has kicked off a deep Magnetotelluric survey at its Dittmer Project, aiming to pinpoint a concealed porphyry copper-gold system beneath a historic high-grade gold mine while advancing underground development and resource drilling.

Torque Metals has significantly expanded its Paris Gold Project resource, reporting a 67% jump in contained gold ounces to 253,000 oz at a robust 3.8 g/t grade, underpinning an aggressive growth strategy targeting a million-ounce resource within two years.

Odyssey Gold’s latest drilling at its Cable deposit within the Tuckanarra Project confirms high-grade gold continuity and resource expansion potential, underpinning its staged development strategy.

Zeotech Limited has extended its offtake agreement with Jiangsu Mineral Sources International Trading Co. to April 2027, while completing a major drilling campaign and securing key environmental and infrastructure approvals at the Toondoon Kaolin Project.

Krakatoa Resources (ASX: KTA) has raised $1.6 million through a placement to fund its 2026 drilling and development program at the Zopkhito Antimony-Gold Project. The capital will support efforts to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate, alongside metallurgical and environmental studies.

Taruga Minerals has validated high-grade gold and copper mineralisation at its Gwamogwamo prospect in Papua New Guinea, with assays up to 6.9 g/t Au and 8.0% Cu, while identifying a new target 900m north of known trenches.

Sentinel Metals has locked in a $15 million institutional placement to fund its acquisition of the 1.01Moz Big Springs Gold Project in Nevada, positioning itself as a growing North American gold player.

ADX Energy’s Sicily Channel biogenic gas play gains validation from an independent technical review, reinforcing its prospective resource estimates and exploration strategy.