Latest Exploration Progress News

Gladiator Resources reports strong assay results supporting high-grade uranium intersections at its Mkuju Project, with promising extensions identified at Likuyu North. The company also advances exploration at its Eland Project while maintaining a solid cash position.

Noble Helium has selected three initial drill sites in its North Rukwa Project in Tanzania, backed by significant helium detections and a flexible funding package including convertible notes and an equity facility. However, drilling has been deferred due to seasonal rains.

International Graphite advances its vision of a fully integrated graphite supply chain in Western Australia, securing significant government funding and delivering promising drilling and testwork results at its Springdale project.

Rand Mining Ltd reports strong December quarter drilling results at the Hornet deposit within the East Kundana Joint Venture, setting the stage for open pit mining in FY25. The exploration highlights high-grade gold mineralisation and outlines a clear path for resource updates and further discovery drilling.

AusQuest Limited has announced a significant porphyry copper-gold discovery at its wholly owned Cangallo Project in Peru, with maiden drilling revealing extensive mineralisation near surface and strong potential for a low-capital development.

Peregrine Gold Limited has agreed to sell its Deadman Flat and Perry Creek Project to Capricorn Metals Ltd for A$1.5 million in shares, while maintaining upside through royalties and milestone payments. This deal strengthens Peregrine’s balance sheet and accelerates its focus on the Tin Can Trend exploration.

Orpheus Uranium Limited reports a productive December quarter marked by a successful $1.66 million capital raise, completion of a major gravity survey at Mount Douglas, and ongoing progress toward regulatory approvals for advanced uranium exploration.

Resource Base Limited reports a solid cash position of $1.06 million and ongoing lithium exploration progress at its Wali and Ernst Lake projects in Quebec, alongside rare earth element developments in Australia.

Olympio Metals has secured an option to acquire 80% of the promising Dufay Copper-Gold Project in Quebec and plans to commence drilling imminently, while divesting non-core assets to strengthen its balance sheet.

Copper Search Limited reports promising copper mineralisation at its Douglas Creek IOCG Prospect and outlines plans to expand its project portfolio in 2025 while maintaining a solid cash position.

Alicanto Minerals has intensified its project acquisition efforts and advanced exploration at its Greater Falun and Sala projects in Sweden, supported by a recent capital raise and strategic leadership appointment.

Pantera Lithium has completed a detailed 3D geological model confirming the potential of its Arkansas lithium brine project and raised over $2 million to fund exploration despite initial drilling setbacks.