Latest Exploration Programs News

Redcastle Resources has kicked off an extensive 8,500-metre drilling program across its Eastern Goldfields projects, supported by a recent $3.7 million capital raise and strategic licence acquisition.

Firetail Resources has identified a promising new porphyry-style copper target at its Picha Project in Peru, accelerating exploration with support from BHP’s Xplor program. Drill permitting for the high-grade Ichucollo target is progressing, setting the stage for a pivotal phase in the project’s development.

EV Resources Limited has agreed to acquire a 70% interest in the Los Lirios Antimony Mine in Oaxaca, Mexico, positioning itself to address a tightening global antimony market amid soaring prices and supply constraints.

Leeuwin Metals Limited (ASX:LM1) has secured a transformative acquisition of the Marda Gold Project, significantly enhancing its portfolio with a high-grade gold asset in Western Australia. The company also announced a $3.25 million capital raising to fund extensive exploration across its Australian and Canadian projects.

Leeuwin Metals has secured A$3.25 million through a two-tranche placement, positioning the company to complete its transformative Marda Gold Project acquisition and ramp up exploration across Australia and Canada in 2025.

Leeuwin Metals has inked a binding deal to acquire the Marda Gold Project from Ramelius Resources, marking a strategic expansion into Western Australia's prolific goldfields. Alongside promising iron ore results from its West Pilbara project, Leeuwin is positioning itself as a diversified explorer with significant growth potential.

Adavale Resources has completed the acquisition of a majority interest in the Parkes Gold-Copper Project, positioning itself near major NSW mining hubs with plans to upgrade historical resources and accelerate exploration.

Killi Resources reports compelling drill results from its Kaa gold-copper prospect in Queensland, confirming a large mineralised system and maintaining a strong cash position of $2.03 million to fund ongoing exploration.

Great Southern Mining has launched a fresh drilling campaign at its 100% owned Duketon Gold Project, targeting the promising Golden Boulder prospect with the aim to build on prior high-grade results.

Empire Energy Group Limited reported a significant cash outflow of $14.2 million in the December 2024 quarter, driven by exploration and evaluation activities, yet maintains a strong liquidity position with nearly $54 million in available funding.

CGN Resources has identified 11 new copper, gold, and niobium targets at its Webb project and expanded its land holdings in the Leonora gold district, setting the stage for a busy 2025 drilling campaign.

Astral Resources has reported its most significant diamond drilling results to date at the Theia Deposit within the Mandilla Gold Project, with drill-hole MDRCD918 delivering an exceptional 1,079 gram-metres of gold mineralisation. This breakthrough is expected to underpin an upgrade of the resource classification ahead of a Mineral Resource Estimate update scheduled for March 2025.