Latest Exploration Sector News

Rapid Critical Metals is dramatically increasing its land position adjacent to the Webbs Silver Project, aiming to unlock new silver discoveries and expand existing resources with a significant exploration push.

Torque Metals has completed its acquisition of Aston Minerals through a court-approved scheme of arrangement, issuing new shares to Aston securityholders and delisting Aston from the ASX. The combined entity will operate under Torque’s leadership with a refreshed board.

Litchfield Minerals has won three Northern Territory government grants totaling $255,743, boosting exploration at Lucy Creek and Oonagalabi projects and validating its technical approach.

Prodigy Gold NL has announced a non-renounceable entitlement offer aiming to raise approximately $6.35 million to fund exploration and development across its key gold projects in the Tanami region. The offer is partially underwritten, providing a degree of funding certainty amid ongoing market and operational risks.

Prodigy Gold NL has launched a partially underwritten entitlement offer to raise up to $6.35 million, aiming to accelerate exploration and development across its key Tanami gold projects. Major shareholders APAC Resources and Plutus Prospecting are backing the raise, with potential board changes on the horizon.

Albion Resources has cleared heritage approvals at its Ives Find prospect and engaged an RC drilling contractor, gearing up for a maiden drilling campaign at Yandal West.

Challenger Gold Limited has had its trading suspension lifted immediately following its announcement on capital raising activities, signaling renewed market activity.

Invert Graphite has completed significant acquisitions including South Australian exploration licences and appointed a new CEO and board members, setting the stage for its next growth phase.

Emmerson Resources has resumed drilling at its White Devil gold deposit, aiming to expand and refine its substantial mineral resource ahead of key development studies.

Sultan Resources Ltd has announced a pro rata non-renounceable rights issue to raise approximately $1.16 million, aiming to fund exploration activities and strengthen working capital. The offer opens on June 11 and closes on June 20, 2025.

Sultan Resources Ltd has announced a non-renounceable entitlement offer to raise up to $1.15 million, aiming to fund exploration and working capital across its diverse mineral projects.

Aston Minerals Limited shares will be suspended from trading following court approval of its acquisition by Torque Metals Limited. This marks a significant step in the consolidation of mining assets in Western Australia.