Latest Exploration Projects News

Diablo Resources Limited reported a quarterly cash outflow and holds extensive mining tenements across the US, while exploring options to extend its limited funding runway.

ADX Energy Ltd reported a solid cash balance of A$6.67 million at the end of Q1 2025, despite significant investment in exploration activities and ongoing loan repayments. The company’s quarterly cash flow highlights its commitment to advancing projects while managing financial stability.

Sunshine Metals reported a cash outflow for the March quarter driven by exploration activities but has bolstered its balance sheet with a $3 million placement, positioning itself for continued project development.

Uvre Limited reported steady progress in its uranium and lithium exploration projects during the March 2025 quarter, completing Phase 2 geophysical surveys and advancing joint venture discussions while maintaining solid cash reserves.

Impact Minerals Limited reported a solid cash position of A$3.75 million at quarter-end, supported by a recent equity raise that extends its funding runway to nearly four quarters despite ongoing exploration expenditures.

Inca Minerals has secured over 94% ownership of Stunalara Metals, gaining access to the promising Hurricane Project in North Queensland. With an oversubscribed $1.1 million capital raise, maiden drilling is set to begin in Q2 2025, targeting high-grade gold and antimony mineralisation.

AustChina Holdings has completed the acquisition of Penwortham Exploration, gaining full control of promising gold-antimony and base metals projects in Tasmania, and has commenced exploration activities in a prolific mining region.

Hamelin Gold Limited advances its Western Australia gold exploration with co-funded drilling programs at Fremlins South and Jazz prospects, while completing a significant $2.8 million capital raise to fuel further activity.

Jindalee Lithium Limited reported a solid cash position of A$3.74 million at the end of March 2025, supported by a successful equity raise and asset disposals, extending its funding runway to 4.5 quarters.

Taruga Minerals reports progress on multiple Western Australian exploration licences, highlights promising high-grade rock chip results at Thowagee, and maintains a robust cash balance of $1.8 million as it navigates regulatory challenges in South Australia.

BOA Resources Ltd reported a steady cash position of AUD 1.067 million at the end of Q1 2025, underpinning an estimated four quarters of operational funding. The quarterly cash flow report highlights disciplined spending amid ongoing exploration activities.

Global Uranium and Enrichment Limited has significantly expanded its Pine Ridge Uranium Project landholding in Wyoming’s Powder River Basin by approximately 85%, adding 937 new claims and enhancing exploration potential in a premier U.S. uranium district.