Latest Exploration Results News

Mont Royal Resources Limited reported a stable cash position of $1.75 million at the end of December 2024, despite significant outflows on exploration activities during the quarter.

E79 Gold Mines Limited reported a $169,000 net cash outflow from operating activities for the December 2024 quarter, maintaining a solid cash balance of $1.46 million as it continues its exploration efforts.

Gullewa Limited reports steady progress on its Hunter Valley subdivision and South Darlot gold exploration, alongside a significant royalty payment from Silver Lake Resources.

Gullewa Limited reports a robust cash balance of $9.087 million at the end of December 2024, supported by strong financing inflows despite ongoing exploration expenditures. The company’s quarterly cash flow highlights its strategic financial management as it advances key tenements in Western Australia.

African Gold Ltd has voluntarily suspended trading of its shares pending a critical announcement on exploration results and a response to a price query, signaling a pivotal moment for the miner.

Connected Minerals Ltd has secured a key Exclusive Prospecting Licence in Namibia’s prolific uranium region, initiating immediate exploration activities that could expand its resource footprint.

Aruma Resources advances its exploration portfolio with standout assay results at Fiery Creek and strategic leadership changes, setting the stage for upcoming drilling campaigns.

Capricorn Metals Ltd has reported a substantial 41% increase in the Ore Reserve Estimate at its Mt Gibson Gold Project, driven by ongoing drilling that continues to deliver exceptional high-grade results and promising underground potential.

Meeka Metals Limited reports a strong cash position of $55.259 million as of December 31, 2024, underpinning its exploration activities with nearly 30 quarters of funding available. Despite ongoing cash outflows from exploration and corporate costs, the company’s financial footing remains robust.

29Metals Limited delivered a robust December Quarter 2024 update, marked by significant operational progress including high-grade copper discoveries at Europa and a successful debt refinancing that strengthens its financial footing.

Metals Australia Ltd reported robust progress in its December 2024 quarter, including a drilling permit award and a threefold land increase at its Lac Carheil Graphite Project, alongside advancing prefeasibility and metallurgical studies. Exploration success at Corvette River and Warrego East further underscores the company’s diversified critical minerals and gold portfolio.

Yandal Resources reports significant gold mineralisation at its Siona and Caladan prospects, underpinning a robust cash position and an active 2025 exploration agenda.