Latest Exploration Sector News

Infini Resources Limited is spotlighting its Canadian uranium projects at the Bell Potter Unearthed Natural Resources Conference, revealing promising drilling results and ambitious plans for 2026. The company’s portfolio spans district-scale opportunities with potential for significant discoveries in Tier-1 jurisdictions.

MEC Resources has successfully closed its Options Placement Offer, raising $359,162 through strong shareholder support. The fully subscribed offer sets the stage for the company’s next development phase.

Celsius Resources Limited has had its trading suspension lifted following an announcement about its Supreme Court application challenging the validity of its prior auditor's 2011 resignation.

Rapid Critical Metals has reported additional bonanza-grade silver intercepts from its latest drilling at the Webbs Silver Project, reinforcing the presence of multiple high-grade mineralised structures and promising exploration upside.

Native Mineral Resources’ board members have converted $1.62 million in options into 63 million new shares, reinforcing their commitment to the company’s growth strategy and key projects in northern Queensland.

DGR Global, a major SolGold shareholder, has announced its current intention to back Jiangxi Copper's 28p per share offer, pending no better bids emerge. The SolGold board unanimously supports the scheme, with a shareholder vote set for 23 February 2026.

SQX Resources has launched its first-ever reverse circulation drilling campaign at the Red Bird Gold Project in Arizona, aiming to unlock high-grade gold potential validated by recent sampling.

Global Uranium and Snow Lake Resources have agreed to a binding merger scheme, with Snow Lake acquiring all remaining shares of Global Uranium. This follows a major drilling success at the Pine Ridge Uranium Project and regulatory approvals that pave the way for a combined uranium-focused entity.

Xstate Resources has reported a promising gas discovery at its Diona-1 well in Queensland, updating prospective resources to 200 billion cubic feet and securing funding for upcoming appraisal and production testing.

North Stawell Minerals Ltd reported a solid cash position of AUD 1.6 million at the end of December 2025, supporting just over two quarters of funding as it advances its exploration program. The company plans additional capital raises to sustain operations through 2026.

Infinity Metals Limited reported a steady cash position of A$2.25 million at the end of December 2025, with operational spending continuing but no new financing activities. The company estimates funding for over five quarters based on current expenditure.

Forrestania Resources Limited has made significant strides in its expansion strategy during Q2 2025/2026, marked by the acquisition of Kula Gold Ltd, a substantial capital raise, and multiple project acquisitions across Western Australia.