Latest Exploration Success News

DevEx Resources has secured nine uranium exploration licences from Rio Tinto in the Northern Territory’s Alligator Rivers Uranium Province, significantly enlarging its exploration territory near historic high-grade deposits.

Connected Minerals Limited (ASX, CML) reports promising uranium drilling outcomes at its Etango North-East project in Namibia alongside a successful $5.1 million capital raise, advancing its exploration agenda in Namibia and Western Australia.

Eagle Mountain Mining has successfully completed a $1.66 million placement, bolstering its exploration efforts in Arizona’s copper-gold sector with new shares and attaching options.

Uvre Limited has secured a key Prospecting Permit for the historic Invincible Gold Project in New Zealand’s Otago Goldfields, setting the stage for exploration activities starting late 2025 and maiden drilling in 2026.

White Energy Company Limited has announced a partially underwritten entitlement offer to raise approximately $3.5 million at a 10% discount, aimed at funding key mineral exploration projects across Australia.

Wildcat Resources has significantly extended its Bolt Cutter Central lithium discovery in Western Australia's Pilbara, with drilling confirming a strike length of at least 900 meters and ongoing assays promising further growth. Concurrently, high-grade gold and antimony intercepts at the Mount Adrah project in NSW reinforce the company's diversified exploration success.

DevEx Resources has appointed Marnie Finlayson, a seasoned mining executive from Rio Tinto, as Managing Director starting December 2025, signaling a strategic push in uranium and rare earth projects.

Forrestania Resources has secured multiple gold tenements near Jaurdi Hill, significantly enlarging its Bonnie Vale Project area in Western Australia. The acquisition features a performance-linked payment structure and positions the company for accelerated exploration and development.

PhosCo Ltd reports thick, high-grade phosphate intersections at its Gasaat Project in Tunisia, coinciding with phosphate's addition to the US Critical Minerals List. The company plans maiden resource estimates and an updated scoping study to advance project development.

Dalaroo Metals has appointed seasoned mining executive John Morgan as CEO, signaling a strategic push to advance its exploration projects across multiple continents. His performance-linked incentives align leadership rewards with shareholder value creation.

3D Energi Limited has successfully intersected two gas-bearing reservoirs at its Essington-1 exploration well offshore Victoria, with wireline logs confirming moveable hydrocarbons consistent with pre-drill expectations. Upcoming formation testing will determine the commercial potential of these discoveries.

American West Metals has identified a major new copper anomaly named Chevron at its Storm Copper Project in Nunavut, Canada, alongside promising drilling results at Squall and Tornado prospects.