Latest Exploration Progress News

Midas Minerals reports steady progress in its Western Australian gold and base metals projects alongside a $1.6 million capital raising, positioning the company for upcoming drill target definitions.

Coppermoly Limited has advanced its Mt Isa exploration program with fresh geophysical surveys and strategic board appointments, aiming to unlock new copper and gold targets in Queensland.

Far East Gold Ltd has reported a maiden JORC resource estimate of 540,000 ounces of gold at its Idenburg project in Indonesia, alongside a conditional acquisition agreement and nearly A$10 million in funding from strategic investor Xingye Gold.

Corazon Mining's December 2024 quarterly report reveals promising exploration progress at its MacBride and Lynn Lake projects in Canada, alongside encouraging drilling results at Mt Gilmore in NSW. A recent capital raise aims to accelerate drilling in early 2025.

Carawine Resources has updated the market with its December 2024 quarterly report, highlighting exploration progress in the Paterson province and an impending court hearing over a compulsory acquisition by major shareholder QGold.

Alara Resources reports significant copper mineralisation discoveries in Oman’s Block 8, with initial assays revealing grades up to 4.46% Cu, setting the stage for intensified exploration alongside Power Metal Resources.

Tanami Gold NL reported robust exploration progress in its December 2024 quarterly update, highlighting promising drilling results at multiple prospects within the Central Tanami Project and maintaining a solid cash position of $21.3 million.

Avira Resources reports significant progress in its Swedish Puolalaki Project with ongoing farm-out talks and secures a new tenement in Western Australia’s Tangadee Project, while preparing a capital raise to fund exploration.

Piche Resources has made significant strides in its exploration activities, advancing all three priority projects to the drilling phase with promising gold and uranium results. The company is gearing up for extensive drilling campaigns in 2025, underpinned by strong technical data and a solid cash position.

Gold Mountain Limited reports strong exploration progress across its Brazilian lithium, rare earth, and copper projects, highlighted by high-grade drill results and expanding target pipelines.

Heavy Rare Earths Limited (ASX:HRE) advanced its uranium exploration footprint in South Australia with a key asset acquisition and bolstered its balance sheet through a $2.46 million capital raise during the December 2024 quarter.

Carawine Resources Limited has progressed exploration planning across key Australian projects while navigating a significant compulsory acquisition dispute initiated by major shareholder QGold.