Latest Exploration Success News

Omnia Metals Group has completed initial drilling at its Salt Creek Project with limited mineralisation but gained valuable geological insights. The company bolstered its balance sheet with a $1.58 million placement to fund ongoing exploration and strategic acquisitions in the US.

Rapid Critical Metals has validated historic high-grade gallium and germanium mineralisation at its Prophet River Project in British Columbia, identifying five promising drill targets through advanced geophysical surveys.

Apollo Minerals has raised $6.5 million through a share placement to advance its Couflens High Grade Tungsten Gold Project in southern France, backed strongly by existing investors and company directors.

Cauldron Energy Limited has unveiled significant uranium discoveries at its Yanrey Project, bolstering its resource base as uranium prices surge on strong global demand and strategic investments.

Kaiser Reef Limited reported a robust December quarter with nearly 7,000 ounces of gold produced at Henty, a 29% increase in gold reserves, and a strengthened cash position of A$43.1 million.

Superior Resources has refreshed its Steam Engine Gold Project resource estimates and secured $2 million in funding to advance drilling and feasibility studies, while also progressing high-grade copper exploration at Greenvale.

Terra Metals reports breakthrough high-grade platinum group metals discoveries at its Southwest Prospect and confirms resource growth at its Dante Project, backed by a robust $11 million cash position.

Horizon Minerals advances its Black Swan Processing Hub with increased throughput plans and reports $23.3 million in gold sales revenue, while securing a $35 million divestment deal for its Lake Johnston project.

OzAurum Resources has raised $4.1 million through a strategic placement to Forrestania Resources, which now holds a near-20% stake. The funds will accelerate heap leach development at the James Stage 1 Open Pit in Western Australia.

Manuka Resources has released an updated 10-year Pre-Feasibility Study for its Cobar Basin projects, revealing a substantial uplift in project economics and a clear path to production by mid-2026.

Emerald Resources NL reported solid December quarter gold production from its Okvau Gold Mine and significant resource upgrades at its Dingo Range and Memot projects, underpinning its growth trajectory.

Magmatic Resources has reported encouraging gold assay results from its Weebo Gold Project and advanced drilling at its Myall Copper-Gold JV, alongside securing a $3 million placement led by FMG Resources.