Latest Exploration Programs News

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

Capstone Copper reports promising Phase 1 drilling outcomes at its Mantoverde mine in Chile, revealing higher-than-expected copper grades and confirming mineral continuity. The company plans an ambitious Phase 2 drill program targeting resource growth in the northern corridor.

AKORA Resources has successfully completed a $2.9 million capital raise and commenced a trenching program at its flagship Bekisopa Iron Ore Project in Madagascar, reinforcing strong local and governmental support as it progresses towards production.

Eastern Metals Limited has entered a definitive agreement to acquire Raptor Resources Limited, adding significant copper and gold assets in Canada and Western Australia, alongside a planned capital raise to fund exploration and ASX reinstatement.

Dundas Minerals appoints industry veteran Jonathan Downes as Managing Director, marking a strategic leadership transition following founder Shane Volk's retirement.

Koba Resources has acquired exclusive rights to two high-grade tin-tungsten projects in Queensland’s historic Herberton Tin Field, backed by a $4.35 million placement to fund exploration and drilling.

Red Mountain Mining has significantly increased its presence in Idaho’s critical minerals sector by acquiring the Silver Dollar Antimony Project, adding high-grade historical antimony-gold mineralisation to its portfolio. This move enhances RMX’s strategic position in the US critical metals market.

Fortuna Metals has identified significant historical titanium mineralisation across its Mkanda and Kampini projects in Malawi, with Phase 1 drilling complete and assay results expected soon. Positioned near Sovereign Metals’ world-class Kasiya deposit, Fortuna’s exploration could unlock a major rutile discovery.

Buxton Resources has significantly expanded its Centurion Project in Western Australia, securing a new exploration license and preparing for geophysical surveys following encouraging drillhole assays.

Tombador Iron Limited, soon to be Atomic Eagle Limited, is set to acquire Canadian uranium explorer GoviEx Uranium Inc and relist on the ASX, backed by a $5–10 million capital raise to advance its flagship Muntanga Uranium Project in Zambia.

Taiton Resources has completed a significant share placement, issuing over 13 million new shares to sophisticated investors and granting employee options, aiming to advance its promising South Australian exploration projects.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading U.S.-focused uranium company valued at A$44.5 million. The deal consolidates key assets and promises enhanced exploration and development opportunities.