Latest Exploration Sector News

Golden Globe Resources has successfully completed an oversubscribed $8.5 million IPO and immediately commenced a significant drilling program at its flagship Dooloo Creek project in Queensland. The company is advancing exploration with a new geological model targeting high-grade gold and copper mineralisation.

APC Minerals Limited has completed a $264,000 capital raise through a placement of 66 million shares at 0.4 cents each, matching its recent entitlement offer price. This move aims to strengthen the company’s financial position as it advances its exploration projects and seeks new opportunities.

Great Western Exploration has secured all permits to commence diamond drilling at the Oval Copper-Gold Targets in March 2026, aiming to test a potentially large VHMS copper-gold system akin to the nearby DeGrussa deposit.

Finder Energy has completed a $5.2 million capital raise through a share placement to its directors and substantial shareholder Longreach Capital, following shareholder approval.

APC Minerals Limited has raised $264,000 through a discounted top-up placement of 66 million shares, enhancing its financial capacity to pursue new and existing projects.

Predictive Discovery has secured a crucial court approval for its acquisition of Robex Resources, paving the way for the deal to close in early 2026 pending final regulatory consents.

Magmatic Resources has launched a significant 5,000-metre diamond drilling campaign at its Myall copper-gold project, backed by Fortescue under a $3.5 million FY26 exploration budget. The program targets multiple promising porphyry-style deposits, aiming to build on earlier encouraging results.

Skylark Minerals Limited has applied for ASX quotation of 37.98 million fully paid ordinary shares from a previously approved placement, signalling a key step in its capital expansion strategy.

Ryzon Materials Limited faces ASX scrutiny over the timing and disclosure of a $1 million advance from Xinhai Mining, with the company responding to regulatory queries and committing to improved governance.

Medallion Metals Limited has opened a Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy shares at a 20.8% discount, aiming to raise $5 million for advancing its Forrestania and Cosmic Boy projects.

NT Minerals Limited has been suspended from ASX trading due to failure to meet operational requirements, raising questions about its future viability.

Blackstone Minerals announces the resignation of Managing Director Scott Williamson, appointing Geoff Gilmour as Executive Chairman during the search for a new CEO. The board also welcomes geologist Greg Cunnold to strengthen technical expertise amid this transition.