Latest Exploration Sector News

G50 Corp has announced preliminary results from its Phase 2 drilling at the Golconda Project in Arizona, confirming a new precious metals discovery. The company will discuss the discovery’s implications and next steps in an upcoming webinar.

Otto Energy has announced the resignation of its Acting CEO, Phil Trajanovich, after a year in the role. The board is now actively seeking a permanent replacement to lead the company forward.

Indiana Resources appoints seasoned mining executive Matthew Bowles as Managing Director to spearhead expansion at its Minos Gold Project, while promoting John Fitzgerald to COO amid a strong cash position.

West Cobar Metals has identified compelling copper-gold targets at its 100%-owned Nantilla Project in NSW, leveraging reprocessed geophysical data to pinpoint priority drill sites.

Sipa Resources has initiated its maiden gold-focused drilling campaign at the recently acquired Nuckulla Hill Gold Project, targeting promising prospects within a prolific shear zone. This move marks a pivotal step in unlocking the potential of a largely underexplored gold corridor in South Australia.

Chariot Corporation Limited has voluntarily suspended trading of its shares pending a significant acquisition announcement, signaling a pivotal moment for the mineral exploration company.

Lightning Minerals has initiated site preparations for a Phase 1 drilling campaign at the Mt Turner Gold Project in Queensland, aiming to unlock deeper gold mineralisation beneath historic pits. The move follows a recent funding boost and is part of the company’s proposed acquisition of Lotus Minerals.

Xstate Resources has launched a $2-3 million capital raising with a priority offer to existing shareholders, coinciding with a shareholder meeting to approve a key acquisition.

Uvre Limited has completed a $4 million equity raise to fund its acquisition of Otagold and fast-track exploration at New Zealand gold projects. The capital raise saw strong director participation, signaling confidence in the company’s new strategic direction.

Loyal Metals Ltd has had its trading suspension lifted immediately after announcing a proposed acquisition and addressing a price query, signaling renewed market activity.

Loyal Metals Limited has addressed unusual trading activity by announcing its acquisition of an option on the Highway Reward Copper Gold Mine, following an ASX price query and a trading halt.

Trigg Minerals Limited has had its trading suspension lifted following the release of a material capital raise announcement, signaling renewed investor interest and potential growth opportunities.