Latest Exploration Success News

Mt Malcolm Mines NL has announced a pro-rata renounceable entitlement issue to raise up to $2.33 million, partially underwritten by Mahe Capital Pty Ltd. The capital raise aims to fund exploration drilling, repay director loans, and support working capital.

Mt Malcolm Mines NL has announced a $2.3 million renounceable rights issue priced at 1.5 cents per share, aiming to fund exploration and development at its Malcolm Gold Project while strengthening its financial position.

Conrad Asia Energy has signed a significant gas sales agreement with Indonesia’s PLN subsidiary, underpinning the development of its Mako Gas Field and advancing exploration in Aceh. The company is progressing farm-down talks and preparing for a major seismic survey to unlock further gas resources.

Prospect Resources reports significant progress at its Mumbezhi Copper Project, with Phase 2 drilling nearing completion and metallurgical tests confirming robust processing potential. Updated resource estimates are expected by late Q4 2025.

Nova Minerals has secured a significant US$43.4 million funding award from the U.S. Department of War to accelerate its Estelle Project in Alaska, advancing both gold and antimony development with strong government backing and infrastructure progress.

Ramelius Resources delivered a robust September quarter with strong gold production and cash flow, completing its transformative acquisition of Spartan Resources and advancing key exploration and feasibility studies.

Albion Resources has identified a new high-grade gold corridor at its North Ives prospect within the Yandal West Project, Western Australia, with rock chip samples returning up to 42.1 g/t gold. Supported by geophysical and geochemical data, the undrilled area is poised for drilling following fast-tracked heritage clearance.

Ragnar Metals has secured an exclusive option to acquire up to 75% of the Harnäs Gold Project in Sweden, a historically productive site with promising high-grade gold mineralisation. The company plans immediate exploration activities to unlock further value.

Pantoro Limited reported a challenging September quarter with production setbacks but maintains a robust balance sheet and strong growth momentum across its Norseman operations.

Pantoro Gold reported a solid Q1 FY2026 with 19,551 ounces produced despite operational hiccups, reaffirming full-year guidance and unveiling promising high-grade exploration results at Norseman.

Antipa Minerals reports significant high-grade gold and copper discoveries at its Minyari Dome project, alongside a robust A$61.4 million cash position following a successful A$40 million equity raise.

Kula Gold’s latest drilling at Mt Palmer reveals a promising 3-kilometre gold mineralisation trend, highlighted by significant assay results including a standout 1m intercept grading 16.95 g/t gold. Further assays from diamond core drilling are awaited to deepen understanding.