Latest Exploration Target News

Asian Battery Metals PLC has completed an oversubscribed A$3.96 million capital raise, fully funding its expanded 2025 exploration program focused on the promising Oval Cu-Ni-PGE discovery in Mongolia. Phase 3 drilling is underway, targeting deeper and along-strike extensions, with initial assay results expected in May.

Morella Corporation has made significant progress in lithium and rubidium exploration across its Western Australian projects, while securing fresh funding through a recent share placement to support ongoing drilling and resource definition.

Elevate Uranium Ltd reports steady progress on its U-pgrade demonstration plant and ongoing exploration drilling at Koppies and Marenica projects, alongside a 12% resource increase at the Bigrlyi Joint Venture and the appointment of a new chairman.

Western Yilgarn NL reports a substantial 168.3 million tonne inferred bauxite resource at Julimar West and progresses exploration at its New Norcia gallium-bauxite project, supported by a $520,000 capital raise.

Yari Minerals has identified 30 new lithium exploration targets in Western Australia's Pilbara region using advanced satellite imagery, while resolving a key arbitration with Impact Silver that clears the path for future projects.

Enegex Limited advances its West Yilgarn exploration with a significant new gold anomaly at Three Springs and environmental approval for drilling at Rocky Ridge, positioning the company for potential growth in a prolific mineral province.

Australian Mines Limited reports significant progress in its critical minerals projects during Q1 2025, capitalizing on geopolitical shifts that underscore the strategic importance of diversified supply chains. The company highlights expanded studies at Flemington and promising exploration results at Jequie and Resende, while navigating financing challenges for its Sconi nickel-cobalt asset.

Mt Malcolm Mines NL reports strong Q1 2025 progress with high-grade gold recoveries and significant revenue from its Golden Crown Prospect bulk sampling program.

Canadian Phosphate Limited reported a steady rise in Q1 sales to $534,000, driven by US demand, with a significant capacity expansion at a key customer set to boost Q2 performance. The company also advances exploration and permitting efforts amid shifting North American phosphate dynamics.

Tempest Minerals has made significant progress on its Remorse iron deposit in Western Australia, initiating metallurgical studies and signing a strategic MOU with Green Steel. The company also announced a capital raising plan to support ongoing exploration and development.

Power Minerals Limited has raised $1.3 million through a placement to fund critical exploration and due diligence at its Santa Anna Niobium Carbonatite Project in Brazil, backed by a strategic investment from Golden Worldwide Holdings.

Codrus Minerals advances its diversified exploration portfolio with permitting progress at Bull Run and promising uranium geochemical results at Jasper Wedge, while managing costs amid challenging gold markets.