Latest Exploration Programs News

Advance Metals Limited has successfully raised $2.55 million to fund follow-up drilling at its high-grade Myrtleford Project in Victoria and initiate maiden drilling at its Yoquivo Silver-Gold Project in Mexico.

Arika Resources has successfully raised $5 million through an oversubscribed share placement to fast-track drilling and exploration at its Yundamindra and Kookynie gold projects in Western Australia.

Ausmon Resources has initiated a focused Aircore drilling campaign across four tenements in South Australia's Limestone Coast, aiming to expand on promising rare earth element findings from prior programs.

Strickland Metals has launched its largest-ever exploration campaign at the Rogozna Gold and Base Metals Project in Serbia, targeting resource expansion and new discoveries with over 50,000m of drilling planned in 2025.

Elixir Energy has successfully closed its Share Purchase Plan, raising an additional $117,000 and bringing total capital raised to $7.1 million, supported by new shares and free attaching options.

Cazaly Resources has issued a replacement Appendix 5B for the March 2025 quarter to correct an administrative error, reaffirming a solid cash position with over six quarters of funding available.

Alvo Minerals has extended the closing date for its pro-rata entitlement offer to 13 May 2025, giving shareholders additional time to subscribe to new shares and options. This move aims to support the company’s ongoing exploration ambitions in Brazil’s base and rare earth metals sectors.

Pantoro Gold is set to become debt free by repaying its US$6.26 million Convertible Loan Facility ahead of schedule, reducing shareholder dilution and saving on interest payments.

DY6 Metals has updated its discovery of high-grade gallium mineralisation at the Tundulu Rare Earth and Phosphate Project in Malawi, revealing significant drill intercepts and ongoing metallurgical testwork that could position the company in a critical minerals market dominated by China.

Askari Metals has acquired 100% ownership of a highly prospective gold project portfolio in Ethiopia’s Adola Greenstone Belt, positioning itself near multi-million-ounce deposits in a region ripe for discovery.

Alvo Minerals has signed a non-binding LOI to acquire the Lavra Velha Gold-Copper Project with a 520koz gold resource, while progressing exploration at its Palma Copper-Zinc Project and launching a $4.4 million capital raise.

Askari Metals has reported a significant 28% increase in its Burracoppin Gold Project resource, while advancing strategic acquisitions in Africa and completing a $1.1 million capital raise.