Latest Exploration Results News

Talisman Mining’s latest drilling at Sheepyard reveals broad shallow gold zones over 800m, signalling a large-scale system. New CEO Todd Ross takes the helm amid active exploration and $3.09 million cash.

G50 Corp has raised A$26.25 million through a well-supported institutional placement, with Hancock Prospecting taking a significant stake. The funds will accelerate drilling and metallurgical work at its Golconda and White Caps projects in the United States.

Saturn Metals has locked in $100 million from a two-tranche placement, anchored by major shareholders including Golden Crane, to push its Apollo Hill Gold Project towards production. A $5 million Share Purchase Plan will offer further participation to existing investors.

Pacific Resources (ASX: PXR) has secured 100% ownership of the Snowstorm Gold Project, a high-grade asset in Victoria’s Eastern Goldfields, while progressing due diligence on a strategic Victorian portfolio and reporting encouraging assay results from its Tasmanian projects.

Fulcrum Lithium’s Phase 3 drilling at Alkali Flats reveals thick, continuous lithium zones with high-grade intervals, while Dry Canyon exploration advances with large-scale targets and claim expansions.

Cobre Limited’s Sierra Atacama project delivers first consecutive positive operating cash flow months, while a major drilling program and $90 million capital raise set the stage for growth.

Santana Minerals made significant strides in the June quarter at its Bendigo-Ophir Gold Project, progressing regulatory approvals, expanding mineralisation, and securing robust funding to underpin development plans.

St George Mining has delivered its most impressive drill results yet at the Araxá Rare Earths and Niobium Project, revealing a new record intercept of 207 metres of continuous high-grade mineralisation from surface. These findings bolster the case for a straightforward open-pit operation and reinforce Araxá’s status as South America’s largest, highest-grade carbonatite-hosted rare earth resource.

Lion Rock Minerals has appointed a new leadership team with Sierra Rutile pedigree to drive development at its Minta Monazite & Rutile Project in Cameroon, backed by strong drilling results and a $2 million capital raise.

Regener8 Resources (ASX:R8R) has finalised its 100% acquisition of the Srebrenica North polymetallic project in Bosnia and Herzegovina, initiated a systematic soil sampling program, and raised $1.415 million through a non-renounceable entitlement offer to fund exploration and working capital.

Enova Mining has unveiled significant rare earth element mineralisation at its Santo António Do Jacinto Project in Minas Gerais, Brazil, with initial auger drilling returning high-value grades averaging 25% NdPr in near-surface saprolite.

Talonx Resources has confirmed exceptional high-grade gold intercepts at its Viking Gold Project, including 4m at 22.1g/t and 2m at 42.4g/t from drillhole 26VKRC010, with mineralisation open along multiple directions and follow-up drilling scheduled.