Latest Exploration Results News

Tennant Minerals (ASX:TMS) clarifies no undisclosed information before May 7 amid a sharp share price and volume spike, attributing market moves to anticipation of re-assay results received May 8 and peer activity in Tennant Creek.

ADX Energy’s HOCH-1 well has been deepened to 1619 metres, revealing six new thin gas sand intervals below the primary Hall Formation target. Wireline logging scheduled for 8 May will verify reservoir quality and gas saturation, with production testing to follow if results confirm the discovery’s potential.

Regener8 Resources has closed its entitlement offer, raising $1.42 million to fund the acquisition and exploration of its Srebrenica North Project, with new shares set to begin trading next week.

Catalyst Metals continues to expand the Trident underground gold deposit with drilling results that extend mineralisation beyond current resources, underpinning a decade-long mine plan at 60,000 ounces per annum.

Diablo Resources has secured an 80% interest in the historic Horn Silver Project in Utah, a prolific high-grade silver and gold mine, supported by a $3.5 million placement to fund immediate drilling and district-scale exploration.

Patagonia Lithium has cleared key environmental hurdles for its Formentera and Cilon mines in Argentina, advancing permits for a 1,000 tonne demonstration plant while drilling hits 150m depth at Well 7.

Dalaroo Metals is on the cusp of securing expanded licences for its Blue Lagoon Project in southern Greenland, significantly enlarging its footprint across promising onshore and offshore critical minerals targets. The move advances a sediment-hosted mineral system model, setting the stage for extensive exploration activities.

Pacgold has confirmed new shallow gold mineralisation at its Vertigo deposit within the White Dam Project, suggesting a potential increase to its Mineral Resource Estimate. Infill drilling results support upgrading resource confidence, with further drilling planned to refine the resource and support mine planning.

Rox Resources has finished dewatering the Youanmi Main Pit and is advancing underground mining and infrastructure, positioning the project on track for production.

Exultant Mining has secured regulatory approval and contractor engagement to launch a targeted 12-hole RC drilling campaign at its Balerion Prospect, aiming to test high-priority geochemical and geophysical anomalies.

Regener8 Resources has won shareholder approval to acquire the Srebrenica North polymetallic project in Bosnia and Herzegovina, setting the stage for its maiden exploration campaign.

Tribune Resources plans an on-market buyback of up to 5.25 million shares valued at approximately $27.8 million, aiming to return capital without disrupting ongoing operations.