Latest Exploration Success News

Southern Cross Gold Consolidated Ltd has successfully arranged an upsized C$143 million funding round to fast-track its Sunday Creek Gold-Antimony Project in Victoria, Australia. This capital injection positions the company to advance drilling, underground development, and economic assessments over the coming years.

Taruga Minerals has exercised its option to acquire 100% of the Thowagee Project in Western Australia's northern Gascoyne province, revealing promising high-grade assays of lead, silver, zinc, copper, and gold. This acquisition significantly expands Taruga's contiguous landholding, positioning the company for further exploration success.

Solstice Minerals has initiated a significant Reverse Circulation drilling campaign targeting advanced gold prospects in Western Australia, aiming to expand on promising historical intercepts and recent exploration success.

Buxton Resources has won up to A$180,000 in government co-funding to kickstart drilling at its 100%-owned Madman Project in Western Australia, advancing exploration in a promising but underexplored gold-copper region.

Askari Metals has acquired 100% ownership of a highly prospective gold project portfolio in Ethiopia’s Adola Greenstone Belt, positioning itself near multi-million-ounce deposits in a region ripe for discovery.

Black Canyon Limited has won a $122,500 co-funded grant from the WA Government to advance its Phase Two drilling at the promising Wandanya manganese and iron project, aiming to unlock further high-grade mineralisation along a 3km strike.

Lithium Energy Limited has received over US$33 million from the partial sale of its Solaroz Lithium Brine Project and acquired a 100% stake in the Capricorn Gold-Copper Belt Project, positioning itself for a strategic turnaround amid ASX suspension.

Arika Resources has reported significant extensions of gold mineralisation at its Yundamindra Gold Project, alongside an accelerated exploration program at Kookynie following an independent technical review.

S2 Resources reported significant progress across its Australian and Finnish projects during the March 2025 quarter, completing key geophysical surveys and drilling programs while maintaining a solid cash balance of A$2.2 million.

Turaco Gold has confirmed a new gold discovery at its Baffia prospect and is poised to release an updated Mineral Resource Estimate for its flagship Afema Project, signaling significant resource growth potential.

Nimy Resources has defined a high-grade gallium Exploration Target in Western Australia and secured strategic partnerships to support supply to the US Department of Defense, positioning itself strongly in the critical minerals sector.

Variscan Mines Limited reported standout high-grade zinc and lead drill results from its Novales-Udias Project in northern Spain, alongside strong governmental support that bolsters its mine restart ambitions.