Latest Exploration Programs News

Carawine Resources reports a critical quarter marked by a looming Federal Court hearing on a compulsory acquisition by major shareholder QGold, alongside a $1.7 million loan facility that underpins ongoing operations amid deferred exploration programs.

Australasian Metals Limited is streamlining its portfolio to concentrate on near-term exploration wins, launching a new IP survey at its promising May Queen gold project while exiting less viable ventures.

Traka Resources has strategically entered Guinea’s prolific Siguiri Basin by securing a 75% earn-in joint venture in the Didi Gold Project, which hosts confirmed high-grade gold mineralisation. The company plans an aggressive multi-stage exploration program backed by an experienced local team.

Critica Minerals Limited has announced a significant milestone with its Jupiter Project, revealing Australia’s largest and highest-grade clay hosted rare earth resource alongside successful metallurgical test results that promise substantial mass reduction and grade upgrade.

Great Southern Mining has identified a second large-scale induced polarisation anomaly at its Edinburgh Park Project, highlighting promising potential for significant gold-copper mineralisation. Drilling is slated for mid-2025 following heritage and environmental clearances.

Riversgold Ltd has exercised its option to acquire an 80% interest in the Kalgoorlie Gold Project after surpassing the minimum expenditure threshold, setting the stage for expanded drilling and potential mining lease conversion.

Rapid Lithium has successfully placed the full $1 million shortfall from its recent entitlement issue, positioning the company to advance exploration projects in Canada and the USA.

Ausmon Resources Limited has launched a Share Purchase Plan aiming to raise up to $540,000 by issuing shares at a discounted price, supporting its exploration and operational funding needs.

Asian Battery Metals PLC is set to launch its 2025 Phase 3 exploration program at the Oval Cu-Ni project in Mongolia, aiming to extend high-grade mineralisation and explore new geophysical targets with up to 1500 metres of diamond drilling.

HyTerra Limited faces operational delays at its Nemaha Project due to severe winter weather but strengthens its management team with a key executive hire to drive 2025 exploration forward.

E79 Gold Mines has successfully raised $1.8 million through a placement oversubscribed by more than double, aiming to fund exploration at its promising Laverton South Gold Project and bolster working capital.

Prodigy Gold NL has unveiled its comprehensive exploration plans for 2025, targeting resource expansion at Hyperion and Tregony deposits while advancing development options at Old Pirate. The company aims to leverage drilling results and metallurgical studies to accelerate project development in the Northern Territory.