Latest Exploration Risk News

Thor Energy's recent soil geochemistry survey at its HY-Range project in South Australia reveals exceptionally high natural hydrogen and helium levels, marking a significant step forward in exploration efforts.

Tambourah Metals has confirmed significant high-grade antimony, silver, and copper mineralisation at its Speewah Nth project, reinforcing historic findings and setting the stage for expanded exploration and drilling.

Enova Mining has launched a focused Phase 2 surface sampling campaign at its East Salinas project in Brazil, aiming to refine high-grade rare earth element drill targets ahead of planned drilling later this month.

Future Battery Minerals has revealed significant shallow gold intercepts and broad surface anomalies at its Burbanks East Project, with drilling at the nearby Miriam Project scheduled to start in July 2025.

Brightstar Resources and Aurumin Limited have entered live merger discussions to consolidate their Central Sandstone tenements, aiming to create a major gold development project with a combined resource of approximately 2.4 million ounces. The proposed scrip deal offers Aurumin shareholders a premium, though completion remains uncertain pending due diligence.

3D Energi Limited has updated its prospective gas resource estimates in the Otway Basin, revealing a substantial 9.2 trillion cubic feet (Tcf) of gross recoverable gas across 51 prospects. The company is gearing up for a multi-well drilling campaign in 2025 targeting near-term commercialisation opportunities to bolster East Coast energy security.

Strata Minerals has won a competitive $200,000 co-funded drilling grant from the WA Government to advance deep diamond drilling at its Penny South Gold Project, aiming to uncover high-grade gold mineralisation near Ramelius Resources’ Penny Mine.

Astute Metals NL has identified four promising drill targets at its Needles Gold-Silver Project in Nevada, revealing untapped potential beneath shallow historical drilling. The company plans to commence drilling in Q3 2025 following systematic soil and magnetic surveys.

Iltani Resources has successfully closed a Share Purchase Plan raising $965,000 and secured an additional $200,000 via a private placement, bringing total recent capital raised to nearly $3 million. These funds will fuel exploration at its promising Orient Silver-Indium Project and other ventures.

Aurum Resources has launched a 30,000m diamond drilling campaign at its Napié Gold Project alongside an aggressive 100,000m program at Boundiali, aiming to boost its combined 2.5Moz gold resource with key updates and a Pre-Feasibility Study due by year-end.

White Energy has identified five distinct target zones with anomalous copper, zinc, nickel, gold, and rare earth elements in soil samples over geophysical structures at its Tindal project in the Northern Territory, signaling promising early-stage exploration results.

North Stawell Minerals reports promising high-grade gold intercepts at its Darlington target within the Stawell Mineralised Corridor, backed by a $3.6 million capital raise to accelerate exploration.