Latest Exploration Sector News

Charger Metals has confirmed significant extensions to spodumene mineralisation at its Medcalf project, with drilling pushing lithium-bearing pegmatites to 600-700m depth and along strike. The company anticipates a substantial resource upgrade following assay results due in the coming weeks.

Great Northern Minerals Ltd has finalised the sale of its remaining minority interest in Golden Ant Mining Pty Ltd, receiving $1.9 million in cash and strengthening its liquidity to approximately $4.4 million. The company plans to deploy these funds towards ongoing exploration and potential acquisitions.

Key Petroleum Ltd (ASX:KEY) has completed a placement of over 3 million shares, raising approximately AUD 176,660 before costs to fund asset acquisitions, development, and working capital.

Pilot Energy Limited has voluntarily suspended trading of its shares as it finalises critical funding and strategic initiatives, with a market update expected by April 8.

Kairos Minerals has secured shareholder approval to rebrand as Pilbara Gold Limited and consolidate its shares on a 1-for-15 basis, signalling a new chapter for the company’s gold exploration ambitions.

North Stawell Minerals (ASX:NSM) has reported promising high-grade gold drilling results and exploration progress at its North Stawell Gold Project, highlighting significant potential along the Stawell Mineralised Corridor in Victoria.

Breakthrough Minerals has completed the acquisition of the North Queensland Copper-Gold Project, gaining a substantial resource base and strategic landholding in the Mt Isa region. The company is now poised to advance exploration with multiple high-priority targets.

Electrum Discovery Corp. shareholders have overwhelmingly approved a merger with MinRex Resources, setting the stage for a significant cross-continental consolidation in gold and base metals exploration.

ActivEX Limited has completed a $393,505 share placement, issuing nearly 20 million shares at 2 cents each, with funds earmarked for advancing exploration projects and supporting working capital.

ADX Energy has responded to ASX inquiries about recent unusual trading activity, confirming no undisclosed information but highlighting a recent placement settlement as a possible factor.

Resource Minerals International has completed a high-resolution magnetic survey at its Mpanda copper-gold project in Tanzania, revealing promising structural targets and extending exploration zones ahead of a planned drilling campaign in Q3 2026.

Sultan Resources is advancing plans to list on the US OTC Markets Group, aiming to enhance liquidity and attract North American investors while pursuing strategic acquisitions.