Latest Exploration Programs News

Belararox Limited reports promising broad copper mineralisation from Phase 1 drilling at its TMT Project in Argentina and significant exploration progress in Botswana’s Kalahari Copper Belt, supported by a strong cash position and strategic board changes.

Solara Minerals has strengthened its foothold in Western Australia’s gold and copper sector through a major project acquisition and key executive appointments, setting the stage for upcoming drilling campaigns.

Australian Critical Minerals has acquired six exploration projects in Peru, significantly broadening its portfolio with targets in gold, copper, silver, base metals, and lithium. The company also completed a $1 million capital raise to fund upcoming exploration activities.

Augustus Minerals reports significant advances in gold exploration at its Music Well Project with multiple high-grade assay results and secures a strategic licence application for the Mt Kare Gold Project in Papua New Guinea.

Odessa Minerals reports encouraging base metal anomalies and uranium exploration progress at its Lyndon Project, alongside strategic board changes and ongoing acquisition reviews.

Sunshine Metals Limited reported a cautious quarterly cash flow with A$1.9 million in cash and 1.4 quarters of funding runway, highlighting the discretionary nature of its exploration activities and plans to secure further financing.

Equatorial Resources Limited reports progress in its ICSID arbitration against the Republic of Congo and faces uncertainty over exploration permits in Guinea, while maintaining a solid cash position.

Rokeby Resources has completed its acquisition of Stunalara Metals, securing promising gold-copper-antimony tenements, and commenced a maiden drilling campaign at the Hurricane Project in Queensland.

Lightning Minerals has secured A$2 million to fuel exploration and a strategic acquisition of Lotus Minerals, unlocking promising gold and copper projects in Australia. The company also advances lithium exploration in Brazil, setting the stage for near-term drilling at Mt Turner.

GBM Resources has raised $13 million through a two-tranche placement, repaid $6.2 million in convertible debt, and completed a significant board restructure to accelerate exploration at its Drummond Basin gold projects.

Red Mountain Mining reports promising high-grade antimony and gold mineralisation at its Armidale project, alongside advancing exploration in Canada and Australia, supported by recent capital raises.

Cosmo Metals has raised $2 million through a strategic placement to fast-track exploration at its promising NSW gold, antimony, and copper projects, with maiden drilling set to begin this quarter.