Latest Exploration Projects News

Genmin has drawn strong international interest to finance its Baniaka iron ore project in Gabon, with proposals ranging from joint ventures to prepayment facilities. The Gabonese government backs the project as a national priority, aiming for a final investment decision by mid-2026.

Emmerson Resources Limited shareholders will vote on a Court-approved scheme to be acquired by Pan African Resources, exchanging shares for Pan African CDIs and gaining exposure to a larger gold producer.

CZR Resources shakes up leadership with Managing Director Stefan Murphy's exit and Milan Jerkovic stepping in as Acting CEO, accompanied by the appointment of Alex Neuling as an independent director.

Regener8 Resources has won shareholder approval to acquire the Srebrenica North polymetallic project in Bosnia and Herzegovina, setting the stage for its maiden exploration campaign.

Odessa Minerals has raised $2.65 million through a strongly supported placement and appointed Sam Brooks, an experienced geologist, to its board to boost project acquisition efforts.

Altitude Minerals has secured $1.155 million through a placement to fund drilling and target development in Nevada and New South Wales, focusing on silver, gold, and copper-gold porphyry systems.

Kingsrose Mining has appointed Andrew Caruso as its new CEO, bringing over three decades of mining leadership experience to drive its Scandinavian projects and acquisition strategy. His remuneration package includes a base salary of CND$400,000 plus performance-linked incentives tied to share price milestones.

Admiralty Resources has commissioned the transmission line at its Mariposa Iron Ore Project, securing direct grid power and reducing reliance on costly fuel generators.

Connected Minerals (ASX:CML) is set to acquire Frontier Group CRM, gaining control of an 80% interest in the Bailundo carbonatite project in Angola, boasting near-surface high-grade niobium and rare earth mineralisation. Backed by a $4.5 million capital raise, the company aims to fast-track exploration in this emerging critical minerals jurisdiction.

Breakthrough Minerals has completed its full acquisition of the North Queensland Copper-Gold Project, securing a substantial resource base and initiating a drilling campaign at Barbara, signalling a new phase of exploration and development.

Western Mines Group reported strong March quarter progress at Mulga Tank, delivering high-grade nickel sulphide results and expanding its project portfolio with new acquisitions and a magnesite supply MoU.

Aruma Resources has completed its acquisition of the high-grade Tillex Copper Project in Ontario and kicked off a maiden diamond drilling campaign following an EM survey that extended the known mineralised footprint. Meanwhile, exploration at Wilan and Saltwater projects confirms promising mineral assemblages and expanded gold-polymetallic anomalies.