Latest Exploration Projects News

Litchfield Minerals has intersected over 200 meters of continuous copper-zinc mineralisation at its Oonagalabi project, revealing a robust and extensive system. Planned step-out drilling aims to nearly triple the strike length to 600 meters, signalling significant exploration upside.

Jindalee Lithium reported a challenging quarter with over A$2 million in cash outflows but bolstered its funding position with a recent $8 million share placement, extending its operational runway.

First Lithium Limited has secured $800,000 in funding and is awaiting crucial license renewals in Mali, setting the stage for its maiden Mineral Resource Estimate expected in the December quarter.

Latitude 66 Ltd reported a net cash outflow of A$889,000 for Q3 2025 but strengthened its balance sheet by completing the sale of its Greater Duchess JV interest, securing A$2 million in cash and A$4 million in shares.

Resource Minerals International Ltd has expanded its footprint in Saudi Arabia with a JV acquisition, reported promising high-grade gold assays, and secured a $5 million funding facility to advance exploration.

88 Energy Limited progresses key Alaskan exploration projects with farm-out agreements and well planning, completes a strategic divestment in Texas, and secures a license extension in Namibia, positioning itself for growth despite ongoing operational costs.

Peninsula Energy has achieved a significant operational milestone with its first dried yellowcake production at the Lance Uranium Operation, while revising its near-term production guidance and completing a major equity raise to support growth.

Piche Resources has secured crucial environmental approvals for its Argentine projects, setting the stage for an extensive drilling campaign at Cerro Chacón and advancing uranium exploration at Sierra Cuadrada and Ashburton.

Impact Minerals Limited reported a net cash outflow in operating and investing activities for Q3 2025 but strengthened its cash position through a significant equity raise, ending the quarter with nearly $5 million in cash.

Terramin Australia Limited has announced a pro-rata non-renounceable rights issue to raise approximately $38.3 million, partially underwritten by major shareholder Asipac Group Ltd. The capital raise aims to fund key project developments and repay debt, while potentially diluting existing shareholders and increasing Asipac’s voting power.

Kalamazoo Resources Limited reported a cash position of A$1.375 million at the end of September 2025, highlighting ongoing negative cash flows but confidence in securing future funding to sustain operations.

Corazon Mining reported a challenging cash flow quarter ending September 2025, with net outflows in operating and investing activities, but secured a $2 million capital raise to support ongoing exploration.