Latest Exploration Programs News

Caspin Resources has successfully completed the initial $2.5 million tranche of its $4.6 million capital raising, issuing over 33 million shares to investors. The company now awaits shareholder approval to complete the remaining funding at its upcoming AGM.

Pioneer Lithium refines its exploration focus, prioritizing its US uranium projects with Skull Creek nearing drill readiness, while withdrawing from a Namibian uranium asset to optimize capital and value creation.

S2 Resources has commenced a two-month drilling campaign at its Warraweena project in northern NSW, targeting six geophysical anomalies with potential for multiple valuable mineral deposits. A follow-up gravity survey is advancing to refine these targets further.

Solstice Minerals has confirmed significant high-grade gold mineralisation in fresh rock at its Edjudina Range prospect, marking a promising step forward in the Yarri Gold Project exploration.

North Stawell Minerals has confirmed Campbell Olsen as its permanent part-time CEO, aiming to leverage his expertise to advance exploration in the Stawell Mineralised Corridor.

E79 Gold Mines has executed a binding agreement to acquire a majority stake in the Cue Gold Project, a highly prospective asset in Western Australia's Murchison region, backed by a successful $3 million capital raise to fast-track exploration.

Advance Metals has raised $13 million in a strongly supported placement led by global institutional investors, positioning the company to accelerate exploration across its high-grade silver and gold projects in Mexico and Victoria.

Summit Minerals Limited has announced a fully underwritten entitlement offer to raise approximately $1.08 million, aimed at advancing its Brazilian exploration projects and funding potential acquisitions. The offer, priced at $0.03 per share, is open to Australian and New Zealand shareholders and is expected to dilute non-participating shareholders by about 25%.

Kuniko Limited has completed the earn-in agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW’s Lachlan Fold Belt, with drilling set to commence soon. This milestone expands Kuniko’s portfolio of strategic minerals critical to the energy transition.

Kalgoorlie Gold Mining has secured $2.3 million through strong option exercises, boosting its cash reserves to $5 million and enabling an expanded drilling campaign at its Pinjin Gold Project.

The Federal Court has approved QGold’s compulsory acquisition of Carawine Resources’ remaining shares, paving the way for the company’s imminent delisting from the ASX.

QMines Limited has announced a fully underwritten $1.5 million Share Purchase Plan for existing shareholders, complementing a recent $7.5 million placement to fund exploration at its Mt Mackenzie gold and silver project.