Latest Exploration Programs News

Gold Mountain Limited has announced a fully underwritten $1.5 million entitlement offer alongside a $2 million placement to accelerate exploration activities in Brazil and Papua New Guinea. The capital raising, discounted by 40% to recent share prices, is underwritten by major shareholder José Luis Manzano, who may increase his stake to nearly 20%.

Indiana Resources reports significant gold intercepts at its Minos Gold Project, extending mineralisation by 60 metres and confirming open depth potential. A new air-core drilling campaign is set to test further targets along the Lake Labyrinth Shear Zone.

iTech Minerals has raised $1.4 million through a Share Purchase Plan, exceeding its $1 million target, to fund key drilling projects in the Northern Territory alongside a recent $2 million placement.

Advance Metals Limited has reported significant upgrades to gold grades at its Happy Valley Prospect in Victoria, Australia, following a re-assay program using the more precise screen fire method. Ongoing drilling aims to extend mineralisation deeper and along a broader regional trend.

Zenith Minerals has raised A$7.65 million through a strategic placement with Ida Metal Investments, strengthening its cash position to fast-track drilling at its Dulcie and Red Mountain gold projects.

Sierra Nevada Gold has successfully raised A$9.65 million through a share placement to accelerate exploration in Nevada and Saudi Arabia, while appointing former De Grey Mining chairman Simon Lill as its new Non-Executive Chairman.

Lord Resources has raised $814,000 through a strongly supported placement and is launching a $1.6 million entitlement issue to accelerate exploration at its Ilgarari Copper Project in Western Australia.

Resolution Minerals has secured US Forest Service approval to extend and expand its drilling program at the Horse Heaven project in Idaho, doubling planned holes and increasing land holdings by 600 acres.

Manhattan Corporation has significantly expanded its Hook Lake exploration footprint in Nunavut, staking new claims and preparing a detailed magnetic survey to unlock the project's gold and polymetallic potential.

Red Mountain Mining has secured the Yellow Pine Antimony Project in Idaho’s historic Stibnite Mining District, positioning itself near Perpetua Resources’ major gold-antimony reserve. The company’s recent $1.5 million capital raise will fund exploration efforts across this and its Utah project.

Western Yilgarn Limited has announced the discovery of significant surface cobalt-copper-nickel-lead-manganese mineralisation at its Ida Holmes Junction Project in Western Australia, with rock chip samples returning high-grade cobalt assays up to 1.68%.

Great Boulder Resources has raised $5 million through a strategic placement led by Tribeca Investment Partners, positioning the company to accelerate exploration and target a one million ounce gold resource at its Side Well project.