Latest Exploration Programs News

Cannindah Resources Limited has announced a fully underwritten non-renounceable rights issue to raise approximately $4.55 million at a 21% discount, aiming to fund exploration at its flagship Mt Cannindah Copper-Gold Project and strengthen working capital.

Golden Mile Resources has raised $510,823 through a discounted private placement to fund further exploration at its Pearl Copper Project in Arizona and pursue strategic acquisitions.

Larvotto Resources has raised $10 million through a Share Purchase Plan, bolstering its financial position as it advances the Hillgrove Project toward production slated for Q2 2026.

Resource Minerals International Ltd has acquired a 50% interest in a Saudi Arabian joint venture, gaining access to the highly prospective Shaib Marqan gold and base metals exploration licence. This move positions RMI to leverage Saudi Arabia’s expanding mining sector under Vision 2030 reforms.

Godolphin Resources has revealed promising high-grade copper and gold assay results from its Summers West and Little Bell prospects, highlighting significant expansion potential beyond the current Lewis Ponds resource boundary.

Prominence Energy Limited has secured a pivotal natural hydrogen exploration license in South Australia, marking a major step forward for its Gawler Hydrogen Project and positioning it among the state’s leading clean energy explorers.

Australian Mines Limited has identified a new high-grade gold zone adjacent to the historical VG1 resource at its Boa Vista project in Brazil, signaling promising exploration potential ahead of planned drilling.

Hastings Technology Metals has completed its acquisition of Great Western Gold, gaining a major stake in the Whiteheads Gold Project near Kalgoorlie. The company aims to define a maiden JORC resource by Q4 2025, leveraging extensive historical data and near-term drilling plans.

Perseus Mining has formalised key agreements with Tanzania to advance its Nyanzaga Gold Project, targeting first gold production in early 2027. The project promises low-cost output and robust returns amid ongoing resource expansion efforts.

Mount Ridley Mines Limited has announced a pro-rata entitlement offer to raise up to $596,842, accompanied by free attaching options, alongside a $234,000 placement aimed at funding key exploration projects and working capital.

Rokeby Resources has secured $1.7 million through an oversubscribed share placement to fund expanded drilling at its promising Hurricane gold and antimony project in Queensland.

Connected Minerals has kicked off its Phase 2 reverse circulation drilling at the Ondapanda Prospect within Namibia’s Etango North-East Uranium Project, building on promising Phase 1 results that revealed multiple economic-grade uranium intersections.