Latest Exploration Results News

North Stawell Minerals Ltd (ASX, NSM) is advancing its gold exploration ambitions with a $3.6 million equity raising aimed at funding key projects near the prolific Stawell Gold Mine in Victoria. The capital injection will support drilling and geological modelling to unlock new gold discoveries under a thin sediment cover.

North Stawell Minerals has launched a $3.6 million equity raising, anchored by a cornerstone investor, to fund exploration at key Victorian gold projects and sustain operational momentum through 2025.

Solstice Minerals’ initial RC drilling at Statesman Well reveals promising shallow high-grade gold intercepts, reinforcing the potential of its Yarri Project in WA’s Eastern Goldfields.

Red Mountain Mining has identified multiple highly anomalous antimony soil anomalies at its Armidale project in NSW, revealing new target zones beyond historic pits and suggesting a significant mineralised network along the Namoi Fault.

Peregrine Gold has kicked off an extensive 8,100-metre Aircore drilling campaign at its Tin Can Trend within the Newman Gold Project, aiming to test a significant gold and arsenic anomaly including the promising Tin Can West prospect.

FireFly Metals has successfully raised approximately A$95 million through a multi-part equity offering to fund an aggressive exploration and development program at its Green Bay Copper-Gold Project in Canada.

Stavely Minerals has launched a new drilling campaign at its Fairview North gold prospect, aiming to validate a major mineralised trend linking gold and copper-silver deposits in western Victoria.

Litchfield Minerals has won three Northern Territory government grants totaling $255,743, boosting exploration at Lucy Creek and Oonagalabi projects and validating its technical approach.

Prodigy Gold NL has announced a non-renounceable entitlement offer aiming to raise approximately $6.35 million to fund exploration and development across its key gold projects in the Tanami region. The offer is partially underwritten, providing a degree of funding certainty amid ongoing market and operational risks.

Diablo Resources has obtained crucial Bureau of Land Management approvals for drilling at its Phoenix Copper Project in Utah, setting the stage for a maiden drill campaign targeting promising copper prospects.

Genesis Minerals has strategically acquired Focus Minerals' Laverton Gold Project, adding approximately 4 million ounces of gold resources near its existing Laverton mill. This fully funded $250 million bolt-on deal significantly enhances Genesis’ resource base and production outlook.

High-Tech Metals has successfully completed a $2.5 million placement, positioning the company to ramp up its exploration activities with fresh capital and strategic options incentives.