Latest Exploration Programs News

AuMEGA Metals has unveiled plans for a major 2025 drilling program focused on its Bunker Hill project, backed by a successful C$16 million private placement. Recent exploration results highlight promising gold and copper targets across its Newfoundland portfolio.

Dalaroo Metals advances its Lyons River Project with promising diamond drilling results confirming Broken Hill Type mineralisation and reports high-grade copper assays. The company also appoints Michael Brown as new MD and CEO, signaling a strategic push forward.

Brightstar Resources has consolidated its position as a rising gold producer with key acquisitions expanding its resource base beyond 3 million ounces and the commencement of ore haulage under a new processing agreement. The company’s December quarter report outlines a robust production growth strategy supported by a $30 million capital raise and ongoing exploration success.

Red Mountain Mining reports compelling exploration results at its Fry Lake Gold Project in Canada, alongside promising developments in Australia and a successful capital raise exceeding $700,000.

M3 Mining’s recent fieldwork at the Edjudina Gold Project reveals high-grade gold samples up to 65 g/t Au at Broken Hill Bore, while reconnaissance at Old Plough Dam highlights promising geological parallels to the Twin Peaks deposit. Exploration efforts will intensify in early 2025 with soil sampling and alteration mapping.

Auric Mining Limited reports a robust cash flow quarter ending December 31, 2024, with current assets reaching approximately $10 million and ongoing cash inflows from its joint venture at Jeffreys Find Gold Mine.

Mantle Minerals reports encouraging drilling results confirming Hemi-style gold mineralisation at Mount Berghaus and Roberts Hill, setting the stage for expanded exploration in 2025.

Focus Minerals Ltd. reported record ore processing at its Three Mile Hill plant and significant progress on the Bonnie Vale Underground Mine during the December 2024 quarter, supported by a solid cash position of $16.5 million.

NewPeak Metals has acquired the Allaru Vanadium Project in Queensland, marking a strategic pivot into critical minerals, supported by a planned $2–3 million capital raise via rights issue.

Zenith Minerals reported a 40% increase in its Dulcie Far North gold resource and secured A$2.48 million in new funding, positioning the company for aggressive exploration across its Australian gold and lithium projects.

Coppermoly Limited has advanced its Mt Isa exploration program with fresh geophysical surveys and strategic board appointments, aiming to unlock new copper and gold targets in Queensland.

Iceni Gold Limited reports significant expansion of gold anomalies at its 14 Mile Well Project and secures a $35 million farm-in agreement with Gold Road Resources to accelerate exploration.