Latest Exploration Results News

Ordell Minerals has raised $3.85 million through a discounted share placement to accelerate drilling at its Barimaia Gold Project and initiate exploration at Goodia and Fisher South in Western Australia.

Magnum Mining & Exploration has completed key acquisitions of copper-gold projects in the USA and a rare earths package in Brazil, while raising $0.5 million through a recent entitlement offer to fund exploration and development.

Aldoro Resources has confirmed that mineralisation at its Kameelburg project in Namibia now extends 1,350 meters east-west, with high-grade assays from recent drilling underpinning the upcoming maiden resource estimate.

Strategic Energy Resources Ltd has acquired 100% ownership of the Diamantina Copper-Gold Project from Anglo American, unlocking a significant undercover extension of the Mt Isa Eastern Fold Belt with encouraging copper and gold mineralisation. The acquisition positions SER to explore a potentially large IOCG district with multiple untested targets.

Sun Silver Limited’s re-assay program at its Maverick Springs Project in Nevada has uncovered silver grades up to 26% higher than historical data, suggesting a significant underestimation in the existing resource. This finding could reshape the project’s valuation and future development plans.

Freehill Mining is progressing towards restarting operations at its Yerbas Buenas magnetite mine with a targeted six-month timeline, while exploration at the adjoining El Dorado project reveals promising magnetite and copper-gold potential.

InVert Graphite’s initial trench assays at the Morogoro Project reveal wide zones of high-grade graphite, with grades reaching up to 29% Total Graphitic Carbon. The company is advancing to drilling to explore mineralisation at depth.

American West Metals has finalized a binding offtake agreement and secured significant project financing with Ocean Partners, advancing the development of its Storm Copper Project in Nunavut, Canada.

Osmond Resources has verified monazite as the dominant rare earth mineral at its Orión Project in Spain, highlighting elevated levels of critical magnetic rare earth elements. A maiden drilling program and ongoing metallurgical testing aim to advance the project as a strategic EU supply source.

Brightstar Resources reports a 25% production increase at its Second Fortune mine and unveils a promising new lode, while ore haulage begins at its Fish underground operation.

Caspin Resources has completed the second tranche of its $2.1 million capital raising, issuing shares and free-attaching options approved by shareholders. The move strengthens funding for its diverse Australian mineral projects.

Lord Resources has successfully raised $1.39 million through a shortfall placement, setting the stage for imminent drilling at its high-grade Ilgarari Copper Project in Western Australia.