Latest Exploration Results News

American Uranium has launched a $2.59 million entitlement offer with free attaching options, highlighting its robust uranium resources in Wyoming and ongoing drilling plans.

Alchemy Resources secured a major milestone with Newcam Minerals exercising its option on Bryah Iron Ore assets, while divesting Karonie and Lake Rebecca projects to Forrestania Resources, alongside promising exploration results at Yellow Mountain in NSW.

Aldoro Resources has defined high-priority gold targets at its Damara Gold Project and confirmed significant rare earth and associated mineralisation at Kameelburg, with drilling and metallurgical progress underpinning its dual-commodity strategy.

Dart Mining NL reported standout high-grade gold, silver, and antimony results from its Queensland projects, alongside key acquisitions and asset sales, as it advances towards a maiden resource estimate at Coonambula.

Bindi Metals has confirmed bonanza-grade gold mineralisation at its Ravni Gold Project in Serbia, defining a 3 km high-grade corridor and preparing for maiden drilling with a preferred contractor in place.

Resolution Minerals is set to kick off a major 13,700-metre diamond drilling program at its Golden Gate project in Idaho, aiming to expand gold discoveries and delineate tungsten mineralisation near historical workings.

Asara Resources has reported robust drilling results at its flagship Kada Gold Project in Guinea, confirming extensions to mineralisation and expanding the resource footprint. The company is also progressing regional exploration and advancing a key acquisition, maintaining a solid cash position to fund ongoing work.

AusQuest has kicked off its maiden Reverse Circulation drilling at the Playa Kali IOCG copper-gold project, aiming to test targets akin to the nearby Mina Justa deposit, with follow-up drilling planned at the Lantana porphyry target and ongoing activity at Cangallo.

Yugo Metals (ASX:YUG) secured government approval for its Petrovo tenement in Bosnia, while initial drilling at Sinjakovo’s Kovacevac and Erak prospects delivered promising polymetallic results. The company also appointed Petar Tomašević as permanent CEO, positioning itself for further exploration progress.

Leeuwin Metals continues to expand its Marda Gold Project resource with promising shallow gold intercepts at Evanston and Golden Orb, while assays for additional holes remain pending ahead of May drilling resumption.

Loyal Metals has completed the acquisition of the high-grade Highway Reward Copper-Gold Mine and confirmed a large-scale VHMS mineral system, while agreeing to a cash takeover by PT Bumi Resources valuing the company at A$79.1 million.

49 Metals Limited (ASX:49M) raised $10 million in its IPO and began reverse circulation drilling at its Nevada Gold Mountain project, marking its debut quarter as a listed entity.