Latest Exploration Spending News

QEM Limited has marked significant progress at its Julia Creek Vanadium and Energy Project, finalising key heritage agreements and completing critical drilling, while new metallurgical findings prompt a strategic review of the project’s development path.

Diablo Resources reported a modest operating cash outflow and significant exploration spending in the September quarter, offset by a recent $2 million capital raise to support ongoing activities.

North Stawell Minerals reported a solid cash inflow from financing activities in Q3 2025, supporting its exploration efforts despite operating cash outflows. The company is finalizing a capital raise to extend its runway.

Eagle Mountain Mining continues to push forward with its Arizona copper-gold projects while negotiating loan restructuring, maintaining a cautious cash position of $566,000 at quarter-end.

Regener8 Resources has completed Phase 1 soil sampling at its North Achilles project using advanced Ultrafine™ geochemical techniques, positioning itself to leverage strong metal prices and nearby discoveries in the Cobar Basin.

Central Petroleum reported a slight dip in sales volumes and revenue for the September quarter, offset by a significant reserves upgrade and a new long-term gas supply agreement that promises cash flow stability.

PolarX advances its Alaska and Nevada exploration projects with a $5.1 million capital raise and a significant joint venture deal with Northern Star Resources, unlocking up to US$39 million in staged funding.

Jindalee Lithium reported a challenging quarter with over A$2 million in cash outflows but bolstered its funding position with a recent $8 million share placement, extending its operational runway.

Top End Energy Limited reported a $3.8 million equity raise in its Q3 2025 cash flow report, ending the quarter with $2.55 million in cash despite ongoing exploration expenditures.

Venus Metals Corporation reports a significant update to its Sandstone gold resource, formalizes a joint venture with IGO at Bridgetown-Greenbushes, and reveals promising zinc and indium mineralisation at Youanmi.

Yugo Metals has raised $3.5 million to fund its first-ever diamond drilling program targeting gold anomalies at its Sinjakovo project in Bosnia. The company also advances community and regulatory engagement for its Sockovac license while maintaining a cautious cash position.

Solara Minerals has bolstered its exploration portfolio with the acquisition of the OD4TP gold and copper projects near the prolific Degrussa Mine, complemented by new geophysical surveys and a $180,000 government grant to support upcoming drilling.