Latest Exploration Projects News

Northern Star Resources has reported a robust half-year result with a 41% jump in net profit, driven by soaring gold prices despite operational setbacks. The company also announced a fully franked interim dividend of 25 cents per share.

Infinity Metals Limited has revealed promising prospects for its wholly owned Yambacoona tin-lithium project in New South Wales, supported by a strong tin market with prices up 50% over the past year. Recent geophysical studies and regional analogues suggest significant exploration potential.

Great Dirt Resources has raised $1.446 million through a discounted share placement and appointed seasoned resource executives to drive its growth strategy.

Evolution Mining has approved nearly $800 million in capital investments across key projects, aiming to boost production and returns significantly. The company also expands its exploration footprint in Canada, signaling a robust growth strategy.

Alice Queen Limited has successfully raised an additional $280,000 from unrelated investors, increasing the size of its tranche two placement to fund key exploration projects and working capital.

Enegex Limited has acquired a vast 3,700 km² gold exploration portfolio in Côte d’Ivoire, led by seasoned explorer Paul Roberts, setting the stage for a major push in West Africa’s prolific Birimian Belt.

DGR Global has confirmed its support for Jiangxi Copper’s acquisition offer for SolGold, endorsing the 28 pence per share bid ahead of the upcoming shareholder vote.

DGR Global has been flagged by ASX for breaching Listing Rule 10.1 after advancing $500,000 without prior shareholder approval. The company is now preparing to seek retroactive approval and address further funding tranches.

New Age Exploration Limited has issued a prospectus to facilitate secondary trading of new options issued under a recent $3.75 million placement, offering 1,000 new options at $0.01 each. The move aims to remove trading restrictions and improve liquidity for option holders.

Orpheus Uranium Limited has raised $4.36 million through a share placement anchored by IsoEnergy’s $1.5 million investment, aiming to accelerate uranium exploration across three Australian states.

Adelong Gold has finalised the sale of its remaining 49% interest in Challenger Mines to Great Divide Mining, receiving 10 million GDM shares and retaining a capped royalty on future gold production.

WIN Metals Ltd has launched a prospectus offering up to 78.57 million free attaching options to recent placement participants and its Executive Chairman, aiming to remove trading restrictions and enable market liquidity. The offer follows a $5.5 million capital raise and comes amid ongoing litigation risks.