Latest Exploration Programs News

Lunnon Metals reports outstanding metallurgical test results from its Lady Herial gold prospect, achieving an average 95% gold recovery and highlighting significant gravity recoverable gold. These findings pave the way for accelerated development and potential cash flow generation.

MinRex Resources has closed its pro-rata non-renounceable entitlement option offer, raising $97,581 with a significant shortfall still available for subscription over the next three months.

Scorpion Minerals has expanded its footprint in the Murchison Gold Province through a strategic farm-in and joint venture agreement with E79 Gold Mines, aiming to earn a 70% stake in the Jungar Flats Gold Project. Supported by a $1.5 million placement, the company is poised to commence drilling on high-grade targets imminently.

Benz Mining has exercised its option to acquire additional tenements adjacent to the Glenburgh Gold Project, extending its potential gold strike by over 20km and reinforcing its exploration ambitions in Western Australia.

Tivan Limited has accelerated development of its Sandover Fluorite Project in the Northern Territory, unveiling ultra high-grade assay results and a detailed exploration and approvals program targeting drilling in late 2025.

Koonenberry Gold Limited has raised $2 million through a strategic placement to accelerate exploration at its Enmore and Lachlan projects, including an expanded drilling program at Sunnyside.

Inca Minerals confirms exceptional gold and antimony assay results from its Hurricane Project in North Queensland, reinforcing the high-grade potential of the asset ahead of its acquisition of Stunalara Metals.

Carnaby Resources has reported robust drill results from its Greater Duchess copper-gold project in Queensland, reinforcing the project's significant resource growth potential as pre-feasibility studies advance.

Miramar Resources has secured $1.8 million through a share placement to accelerate gold and critical minerals exploration, focusing on the promising Gidji JV Gold Project near Kalgoorlie.

Tamboran Resources Corporation posted a $20 million net loss for the half year ending December 31, 2024, reflecting intensified exploration and development activities in the Beetaloo Basin amid no revenue generation. The company’s cash reserves declined to $59.4 million, underscoring the pressing need for additional capital to fund ongoing projects.

Kincora Copper and AngloGold Ashanti have expanded their initial drilling program at the Nyngan porphyry project following encouraging early results, highlighting the potential for a district-scale copper-gold discovery in New South Wales.

GBM Resources has engaged renowned geophysicist David McInnes to reprocess historic data and identify new gold targets, aiming to expand its 1.84 million ounce resource base in Queensland's Drummond Basin.