Latest Exploration Projects News

Zuleika Gold recommends shareholders accept CZR Resources’ off-market takeover offer, which values Zuleika’s mineral assets at a preferred $6.1 million. The independent expert deems the offer not fair but reasonable.

Avenira Limited has launched trading of rights for its renounceable rights issue, offering shareholders flexibility ahead of key development milestones at the Wonarah Phosphate Project.

Avenira Ltd (ASX:AEV) is raising nearly $49 million through a heavily discounted three-for-two renounceable rights issue to finance the transition of its Wonarah Phosphate Project from development to production.

Western Yilgarn NL secured $440,300 through a Share Purchase Plan, issuing over 14.6 million shares and 7.3 million options, with a shortfall of nearly 2 million shares to be placed at the company's discretion.

Narryer Metals has uncovered a new scandium-rich project in Western Australia’s Great Southern region, with historic drilling showing promising grades over a 1.7km strike. The Pingrup Project complements its Rocky Gully asset and could position the company as a notable scandium supplier.

Somerset Minerals closed its entitlement offer raising $429,504 from shareholder subscriptions and secured firm commitments for the remaining $736,000 shortfall. The capital raise aims to support its copper exploration projects with shares and options to be issued by mid-August.

Ozz Resources reported a $1.06 million loss for FY2025, deepening net liabilities and maintaining voluntary ASX suspension while advancing key exploration projects in Western Australia.

Dome Gold Mines (ASX:DME) is raising up to AUD 2 million through unsecured convertible notes to accelerate its Sigatoka feasibility study, mining lease application, and copper-gold exploration amid rising metal prices.

Sabre Resources has secured 4,000km2 of prime gold-copper ground near Tennant Creek and kicked off its maiden drilling campaign at Kurundi North, aiming to replicate world-class mineralisation.

DeSoto Resources has launched a 10,000m maiden drilling program at its Timbakouna Gold Project and secured a major new ground package in Guinea’s prolific Siguiri Basin, backed by a strong cash position of A$9.2 million.

Wildcat Resources made significant strides in its Pilbara lithium projects during the June 2026 quarter, expanding the Tabba Tabba DFS scope and confirming robust metallurgical recoveries at both Tabba Tabba and Bolt Cutter Central. The company ended the quarter with a solid cash position of $37.2 million.

Stanmore Resources bounced back from early-year weather disruptions with a 27% jump in ROM coal production in Q2 2026 and secured a refinancing deal that lowers debt costs and extends maturities, positioning the company for a robust second half.