Latest Exploration Programs News

Sky Metals Limited reported a net cash outflow in operating and investing activities for Q2 2025 but ended the quarter with A$3.43 million in cash, signaling plans for a capital raise to sustain exploration efforts.

Askari Metals supplements its Nejo Gold Project acquisition announcement with detailed drill hole data and confirms the reliability of historical exploration results, while noting compliance limitations.

Kingfisher Mining has secured a strategic portfolio of copper-gold and base metal projects across New South Wales, backed by a $1.85 million capital raise to accelerate exploration.

Peako Limited halted field exploration in the June quarter due to seasonal and logistical challenges, surrendered two tenements, and announced the resignation of its CEO, while maintaining a solid cash position.

DeSoto Resources has ramped up exploration at its Northern Territory Spectrum Project, deploying a second drill rig and completing a significant deep hole at the Quantum Rare Earth Deposit.

Many Peaks Minerals has reported strong progress in its Côte d’Ivoire gold projects, highlighted by robust drilling results at Ferké and a significant A$13.5 million equity raise to fund further exploration.

Enegex Limited has received all necessary approvals to commence drilling at its Rocky Ridge gold prospect, complementing promising soil sampling results across its West Yilgarn projects. The company’s strategic focus on early-stage geochemical reconnaissance continues to uncover significant gold anomalies.

Catalina Resources has reported significant exploration progress with multiple high-grade gold and rare earth intercepts at its Central Yilgarn and Laverton Projects, alongside strategic leadership changes and a successful capital raise.

Torque Metals has confirmed a significant 240-metre westward extension of high-grade gold mineralisation at its Paris Gold Project in Western Australia, highlighted by a standout 5m intercept grading 27.93 g/t gold. This breakthrough validates their down hole electromagnetics exploration strategy and sets the stage for further resource growth.

Red Mountain Mining has partnered with Canadian exploration experts Fladgate to advance its Fry Lake Gold Project, while seeking Ontario government funding to offset exploration costs.

FireFly Metals has identified 325 promising geophysical targets at its Green Bay copper-gold project in Newfoundland, using advanced airborne surveys, and is accelerating drilling with strong financial backing.

Somerset Minerals has reported visible copper mineralisation in multiple drill holes across its expansive Coppermine Project in Nunavut, Canada, confirming the district-scale potential of this underexplored copper belt. The company is preparing for a larger Phase-2 exploration campaign as assay results are awaited.