Latest Exploration Programs News

Ramelius Resources has reported a substantial 38% increase in Mineral Resources and a remarkable 118% rise in Ore Reserves as of June 2025, underpinned by new project inclusions and a promising Pre-Feasibility Study for its Break of Day underground mine.

Terrain Minerals has initiated a low-cost soil sampling program at its Carlindie Lithium Project in the Pilbara, aiming to identify drill-ready lithium targets along a 15-kilometre strike. The project’s strategic location near major lithium deposits and recent discoveries underscores its potential.

Lakes Blue Energy has wrapped up drilling at its Wombat-5 well in Victoria’s Gippsland Basin, setting the stage for critical gas flow testing to assess commercial potential.

Riversgold has partnered with MEGA Resources to fully fund and operate mining at its Northern Zone Gold Project near Kalgoorlie, sharing profits equally and aiming to commence mining in early 2026.

Legacy Minerals has secured NSW Government approvals to drill new high-grade silver and copper-gold targets at its Mt Carrington Project, initiating a key phase of exploration that could expand its 1.2Moz gold equivalent resource.

Tesoro Gold has raised A$34 million through a strategic placement to fund critical development stages of its El Zorro Gold Project in Chile, aiming for a final investment decision.

Larvotto Resources has identified compelling new drill targets at its Kiarra Prospect within the Hillgrove Antimony-Gold Project, following a successful induced polarisation and resistivity survey. The findings suggest potential extensions of historic mineralisation, setting the stage for upcoming drilling campaigns.

Peel Mining has raised $18.75 million through a placement and share purchase plan, while appointing Tony Schultz as a new director to drive its copper and polymetallic asset strategy in the Cobar Basin.

Aguia Resources has responded to an ASX price query following a dramatic surge in its share price, confirming no new material exploration results have been received or withheld. The company asserts full compliance with continuous disclosure obligations despite market speculation.

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%.

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.