Latest Exploration Sector News

Lightning Minerals Ltd’s securities remain suspended after missing a deadline to announce a major acquisition and capital raising, raising questions about the company’s next moves.

African Gold Ltd has announced a remarkable 119% increase in the inferred gold resource at its Blaffo Guetto prospect in Cote d’Ivoire, now approaching 1 million ounces. With $12 million in funding secured, the company is set to accelerate drilling to unlock further potential across the Didievi Project.

Metal Hawk Limited has secured Aboriginal heritage approval to launch a significant reverse circulation drilling program targeting high-grade gold veins at its Leinster South Project in Western Australia.

Bass Oil Limited has raised $925,180 through a non-renounceable rights issue, aiming to complete its Vanessa Acquisition and fuel future growth initiatives.

Bastion Minerals is launching a non-renounceable rights issue to raise approximately $677,721, offering shareholders three new shares for every four held. Optionholders must act quickly to exercise their options if they wish to participate.

Bastion Minerals Limited (ASX, BMO) has announced a non-renounceable entitlement offer to raise approximately $677,721 by issuing new shares at a low price of $0.001 each. The capital raise aims to support ongoing project evaluations and working capital needs.

Aurum Resources reports significant shallow, wide gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, reinforcing its 2025 drilling campaign and resource expansion ambitions.

New Murchison Gold Limited has reported further high-grade gold intersections from its Crown Prince Gold Project, reinforcing the potential for a profitable open pit operation at its Garden Gully site near Meekatharra.

Alma Metals Limited has responded to an ASX price query following a sharp rise in its share price and trading volume, denying any undisclosed information and confirming compliance with ASX rules.

Resolution Minerals Ltd has had its trading suspension lifted immediately following the announcement of a material acquisition, signaling a pivotal moment for the exploration company.

North Stawell Minerals has announced a combined $3.6 million capital raise through a placement and a pro-rata entitlement offer, aiming to bolster its exploration activities without materially altering company control.

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.