Latest Exploration Projects News

Great Divide Mining’s subsidiary has signed a binding term sheet with Native Mineral Resources to form a joint venture aimed at mining and processing gold ore from the Yellow Jack site, marking a key step towards production and cash flow.

Flynn Gold Limited has reported significant progress in its Tasmanian gold exploration projects, including new high-grade gold discoveries and a successful $5 million capital raise to fund further drilling and development.

Forrestania Resources has completed its strategic acquisition of First Western Gold, securing control over seven exploration licenses including the promising Burracoppin Gold Project in Western Australia.

Eastern Metals Limited is set to raise up to AUD 5 million through a public offer to fund its acquisition of Raptor Resources Limited, marking a significant shift in its business focus and a planned re-compliance with ASX listing rules.

Native Mineral Resources Holdings Limited reported a challenging quarter with negative operating cash flow but secured significant financing to support ongoing exploration activities. The company anticipates improved cash flow performance in coming months.

ActivEX Limited has completed a significant $800,000 share placement to True Creation Limited, aiming to strengthen its financial footing and advance exploration projects.

Tambourah Metals has validated its high-grade gold potential at Beatty Park South with 1m re-sampling assays confirming exceptional grades up to 169g/t Au, underpinning ongoing exploration plans.

Artemis Resources has formalised access to its Cassowary Copper-Gold Exploration Project in Western Australia, setting the stage for initial diamond drilling planned for December. The project targets a large, geologically significant intrusion with strong potential for copper-gold mineralisation.

Carnavale Resources has announced a fully underwritten entitlement issue to raise up to $4.09 million before costs, offering one new share for every four held plus free attaching shares. The capital raise precedes a proposed 15, 1 share consolidation subject to shareholder approval.

Ardiden Ltd’s trading suspension has been lifted following its announcement of a significant gold acquisition and a capital raising initiative, signaling a pivotal moment for the company’s growth strategy.

Uvre Limited has gained approval for a secondary listing on the New Zealand Stock Exchange, complementing its ASX listing and enhancing access to New Zealand investors. This move aligns with its expanding gold exploration projects across New Zealand.

Kaiser Reef announces a leadership transition as founder Jonathan Downes steps down, handing the reins to mining veteran Brad Valiukas. The move signals a new chapter for the profitable gold producer with strong assets in Victoria and Tasmania.