Latest Exploration Spending News

Stonehorse Energy Limited reported steady operational performance in Q4 2025, driven by strong production from a new Drumheller well in Alberta and maintaining a solid cash position of A$4.86 million.

Ballymore Resources reports significant progress in Queensland with high-grade gold and silver-lead-zinc discoveries, advancing underground development and preparing for new drilling campaigns.

QEM Limited is progressing its strategic review of the Julia Creek Vanadium and Energy Project while advancing key environmental studies and managing capital prudently.

C29 Metals is progressing drilling plans at its Samsons Tank Copper project in NSW while securing a $150,000 convertible loan from a director and exploring global acquisition opportunities to diversify its portfolio.

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.

AKORA Resources has completed a significant trenching program at its Bekisopa iron ore project in Madagascar and submitted a mining permit application under a revitalised regulatory framework, gaining strong government backing.

Cullen Resources Limited has outlined an active exploration agenda for early 2026, advancing drilling programs across its gold and base metal projects in Western Australia and Finland while maintaining a stable financial footing.

Nexus Minerals Limited reports significant progress at its Wallbrook Gold Project with high-grade drill results across multiple prospects and advancing permitting for Crusader-Templar. The company is positioning Wallbrook as an emerging gold camp with promising growth potential.

NewPeak Metals has commenced drilling at its Tansey Gold Project in Queensland while securing full ownership and environmental approvals for its Las Opeñas Gold Project in Argentina, setting the stage for expanded exploration in 2026.

Oceana Metals Limited has completed trenching at its Solonopole Project in Brazil and is progressing technical reviews of its Australian assets, while a strategic rebrand and board refresh signal a new phase for the company.

Killi Resources has intensified exploration at its Mt Rawdon West and West Tanami projects, with detailed soil and rock sampling underway and assay results expected soon. The company remains well-funded to pursue its copper and gold ambitions in Australia’s underexplored mineral provinces.

Australasian Metals Limited has reported promising exploration results at its May Queen gold and bauxite projects, alongside strategic reviews of lithium assets and a solid cash position heading into 2026.