Latest Exploration Projects News

Rokeby Resources (ASX:RKB) has secured the Omeo Gold Project in Victoria, adding a historical resource of 320,000 ounces at 4.0 g/t Au and launching a $4 million capital raise. The acquisition ushers in leadership changes and sets a clear path for resource expansion.

American Uranium Ltd (ASX:AMU) has initiated a non-renounceable entitlement issue to raise approximately AUD 2.59 million, primarily to advance exploration and development at its Lo Herma uranium project in Wyoming.

Meteoric Resources has locked in $40 million through a fully subscribed placement at market price, bolstering its cash reserves as it pushes the Caldeira Rare Earths Project towards a 2026 Final Investment Decision.

Taiton Resources has completed a partial placement of 9.55 million shares to sophisticated investors, extending related option expiry dates to June 2029. A further tranche awaits due to delayed funds, while the company continues to advance exploration projects across South Australia and New South Wales.

Castle Minerals has consolidated a dominant 184 km² landholding in Western Australia’s Murchison Gold District and advanced Côte d’Ivoire exploration toward drill-ready targets, supported by strategic leadership appointments.

Desert Metals Limited has launched a fully underwritten entitlement offer to raise approximately $325,000 through new options, aiming to fund ongoing exploration at its gold prospects in Côte d’Ivoire.

Surefire Resources NL acknowledged a week-long delay in announcing CEO Dr Andrew Whitehead's resignation, citing transition uncertainties and promising tighter disclosure controls.

European Resources Limited (ASX: ERE) has repriced and relaunched a renounceable rights issue to raise up to $3.4 million, partially underwritten by Mahe Capital for $1.5 million, to fund metallurgical and exploration work at its Korsnäs rare earth project in Finland and Slovakian tenements.

Nex Metals Explorations Ltd (ASX:NME) has amended its sale agreement of its 20% interest in the Arika joint venture, converting deferred shares into upfront shares and raising $2.5 million cash plus 70.8 million Arika shares. Shareholder approval is scheduled for May 2026 amid ASX regulatory requirements.

Alkane Resources delivered 45,776 ounces of gold equivalent in Q3 2026, boosted cash and bullion holdings to $362 million, and maintained its full-year production guidance amid stable operations.

Metal Bank Limited has applied for a mining lease over the Seven Leaders deposit at its Whiteheads Gold Project near Kalgoorlie, aiming for mining commencement in the fourth quarter of 2026 following optimisation studies and approvals.

Miramar Resources Limited (ASX:M2R) has finalised the sale of its Randalls Project to Ore Resources Ltd (ASX:OR3) for up to AUD 800,000 in cash, shares, milestone payments, and royalties, aligning with its strategy to streamline its exploration portfolio and concentrate on other Western Australian projects.