Latest Exploration Progress News

Bannerman Energy reported a substantial $14.17 million cash outflow in its December quarter, driven by aggressive exploration and evaluation investments, leaving the company with $81.1 million in cash reserves.

Stavely Minerals' latest quarterly report reveals continued exploration progress at its key Victorian and Western Australian projects, alongside a successful capital raise to fund further drilling and geophysical surveys.

Enterprise Metals Limited has secured a heritage agreement and government grant to progress drilling at its Doolgunna Project, while also navigating key board appointments and capital raises in the December 2024 quarter.

Raiden Resources has made significant strides in its December 2024 quarter exploration, completing maiden drilling at Andover South and advancing projects at Mt Sholl and Arrow, supported by a $10 million capital raise.

Red Hill Minerals reports a robust December quarter with $2.7 million in royalty revenue, a special dividend payout, and promising drilling results across multiple gold and base metal projects.

Capricorn Metals Ltd has reported a substantial 41% increase in the Ore Reserve Estimate at its Mt Gibson Gold Project, driven by ongoing drilling that continues to deliver exceptional high-grade results and promising underground potential.

Gold Road Resources delivered record gold production and sales in the December 2024 quarter, alongside robust cash flow growth and promising exploration advances, positioning the company for an ambitious 2025.

Aurumin Limited has entered a potentially lucrative joint venture with Newcam Minerals for iron ore rights worth up to $7 million, while advancing gold exploration with significant drilling at its Central Sandstone Project.

Cooper Metals reports promising exploration progress at its Mt Isa East copper-gold project and high-grade gold assays at the Gooroo project, while maintaining a solid cash reserve of $2.1 million.

Wia Gold Limited reports strong drilling results at its Kokoseb Gold Project in Namibia and advances exploration in Côte d'Ivoire, backed by a A$30 million capital raise to fund an expanded 2025 development program.

Sky Metals has intersected significant visual tin mineralisation in the first diamond drill-hole at its Tallebung Tin Project, confirming the deposit remains open in all directions and setting the stage for a major resource expansion.

ENRG Elements Limited has renewed key uranium exploration permits in Niger and reported outstanding trenching assay results, while securing $2.2 million in new funding to advance its projects.