Latest Exploration Risk News

Noronex Limited has advanced its copper and uranium exploration with significant drilling results in Namibia and a strategic expansion into Botswana, backed by South32 funding and a recent capital raise.

Marquee Resources has reported a maiden inferred mineral resource at its Mt Clement antimony project and completed a successful A$2.5 million capital raise to fund further exploration. The company’s strategic positioning in critical metals is gaining momentum amid rising antimony demand.

Parabellum Resources has received official approvals to start drilling at its Miandetta target within the Redlands Project, aiming to confirm and extend nickel-cobalt mineralisation. The program is slated for completion by December 2025, with results expected early next year.

Infini Resources Limited has launched a C$10 million flow-through share offer to fund exploration at its Canadian uranium projects, aiming to advance drilling programs while navigating regulatory and market risks.

Zeus Resources has completed its acquisition of the Casablanca Antimony Project in Morocco, revealing promising geophysical survey results and appointing a seasoned US strategic advisor to boost international partnerships.

AuMEGA Metals has identified a significant new electromagnetic anomaly near its Cape Ray Project, alongside promising drill results extending known gold mineralisation. The company is fully funded for an aggressive exploration push in Q4 2025.

FIN Resources Limited has executed a binding agreement to acquire the fully permitted, high-grade Cabin Lake Gold Project in Canada’s Northwest Territories, setting the stage for immediate exploration and resource growth.

Great Southern Mining has sold a key mining license to Regis Resources for up to A$9 million and is progressing multiple drilling programs across its Australian projects, supported by government grants and a strategic alliance.

Tyranna Resources has advanced its exploration and acquisition efforts in Angola, securing a major stake in the Chinguar Gold Project and extending its lithium-caesium project tenure, supported by a solid cash position.

Centaurus Metals has secured the Rio Novo Copper-Gold Project adjacent to its Boi Novo asset in Brazil’s prolific Carajás Mineral Province, boosting its regional landholding and exploration potential. The acquisition comes with promising historical drill results and immediate plans to integrate Rio Novo into ongoing exploration efforts.

Loyal Metals has intersected an extensive 132.5-meter zone of massive sulphides in its first drill hole at the Highway Reward Copper-Gold Mine, marking a significant milestone in exploration after two decades. This discovery highlights promising copper-gold mineralisation close to the open pit, with follow-up drilling underway.

Australasian Metals Limited advances exploration at its May Queen Gold Project with promising geophysical survey results and plans for a significant drilling campaign, while maintaining a robust financial footing.