Latest Exploration Strategy News

BPM Minerals has confirmed a significant gold system footprint at its Forelands Project in WA, spotlighting the untested Bonnie & Clyde Prospect and gearing up for drilling at Beachcomber.

Clara Resources has closed its entitlement offer, raising $366,000, with a significant shortfall now set for placement to sophisticated investors. The company aims to strengthen its capital base amid ongoing market challenges.

Tivan Limited has revealed promising high-grade copper and gold mineralisation from its maiden surface sampling at the Turiscai Project, marking a significant step in its Timor-Leste exploration strategy.

Trigg Minerals has expanded its Tennessee Mountain Tungsten Project in Nevada by acquiring contiguous claims that consolidate a district-scale mineralised system, setting the stage for modern exploration and resource definition.

Iltani Resources has reported compelling assay results from its VTEM-targeted drilling at the Orient Silver-Indium Project, revealing multiple thick zones of high-grade silver-lead-zinc-indium mineralisation. These findings validate VTEM as a powerful exploration tool and hint at a significant expansion of the existing resource.

Torque Metals has reported a significant high-grade gold intercept at its HHH deposit in Western Australia, hitting 5 metres at 15.2 grams per tonne gold. The company is now poised to advance exploration with downhole electromagnetic surveys to identify further mineralisation.

Fortuna Metals has raised A$3.5 million through a share placement to fund expanded drilling at its Mkanda and Kampini rutile and graphite projects in Malawi. Assay results expected from late November will be pivotal in defining the projects’ resource potential.

Far East Gold Limited has identified several new high-grade gold mineralisation zones across its Idenburg Project in Indonesia, with assays reaching up to 22.1 g/t Au. These findings reinforce the district-scale potential and support ongoing drilling efforts.

West Coast Silver has launched a 2,500m aircore drilling campaign at its Elizabeth Hill Silver Project, aiming to expand high-grade silver zones near the historic mine and along the Munni Munni fault. This follows a recent diamond drilling phase that intersected visible native silver, with assay results pending.

Pioneer Lithium has identified promising exploration targets at its North Pine Project in Idaho, focusing on critical minerals like tungsten and antimony. The company plans advanced geophysical surveys to refine drill targets and leverage strategic processing opportunities nearby.

Patronus Resources (ASX – PTN) reveals a robust financial position with $78 million in cash and investments alongside a 2.3 million ounce gold equivalent resource base, underpinning a multi-commodity growth strategy across Western Australia and the Northern Territory.

NT Minerals has disclosed the termination of discussions over a potential share sale agreement following unusual trading activity in its securities. The company confirms compliance with ASX disclosure rules after responding to an ASX query.