Latest Exploration Strategy News

White Cliff Minerals has secured a key exploration license in Nunavut, Canada, and raised $5 million to fund its maiden drilling program set for March 2025. Exceptional rock chip assays from the Rae Copper Project underscore the potential for high-grade copper and silver discoveries.

Basin Energy has completed the acquisition of a uranium and green energy metals portfolio in Scandinavia, capitalizing on Sweden's move to lift its uranium mining ban. The company continues to advance exploration in Canada’s Athabasca Basin while navigating boardroom challenges.

Chilwa Minerals has completed a major drilling program at its Mposa deposit and launched a dual commodity strategy targeting both heavy mineral sands and rare earth elements, supported by a fresh $6 million capital raise.

Alara Resources reports significant copper mineralisation discoveries in Oman’s Block 8, with initial assays revealing grades up to 4.46% Cu, setting the stage for intensified exploration alongside Power Metal Resources.

88 Energy Limited announces a maiden internal Prospective Resource estimate of 283 million barrels of oil for its Canning Prospect at Project Leonis, Alaska, with plans to drill the Tiri-1 exploration well targeting multiple reservoirs in 2026.

Kingsrose Mining, in alliance with BHP, reports promising high-grade copper and polymetallic discoveries in Norway and Finland, advancing one of Europe’s largest exploration programs.

Great Divide Mining's latest LiDAR analysis at Devils Mountain reveals a wealth of previously unknown historical mine workings, significantly sharpening its gold exploration focus in southeast Queensland.

Lodestar Minerals has raised $520,000 through a share placement to fund its inaugural reverse circulation drilling at the Darwin gold project in Chile, signaling a pivotal step in its exploration strategy.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, including a standout 1m at 150.50 g/t Au. The company is embarking on an ambitious 100,000m drilling campaign in 2025 to expand its resource base beyond the current 1.59Moz.

Delta Lithium reports robust December quarter results with significant gold drilling successes at Mt Ida and progress on lithium development at Yinnetharra, alongside strategic leadership changes and asset sales.

Uvre Limited has completed a key Phase 2 geophysical survey at its Frome Downs Uranium Project in South Australia and secured a Heritage Survey Agreement, setting the stage for its inaugural drilling program.

Gold Mountain Limited reports strong exploration progress across its Brazilian lithium, rare earth, and copper projects, highlighted by high-grade drill results and expanding target pipelines.