Latest Exploration Target News

Pearl Gull Iron Limited reported limited exploration activity on Cockatoo Island during the June 2025 quarter, focusing on environmental compliance and native title negotiations, while securing a $500,000 unsecured loan facility to support ongoing operations.

Cauldron Energy is gearing up for a major drilling campaign at its Yanrey Uranium Project, backed by a solid cash position and expanding resource base amid a bullish uranium market.

Adavale Resources has announced a maiden JORC 2012 Inferred Mineral Resource of 115,000 ounces of gold at its London-Victoria Gold Mine and secured a strategic exploration licence containing the high-grade Koh-I-Noor mine. A $3.238 million capital raise will accelerate drilling and exploration across its Parkes Project.

Dart Mining reports its highest-ever gold assay at the Triumph Project alongside a new joint venture in Queensland, setting the stage for an expanded exploration campaign and a planned capital raise.

IRIS Metals has successfully completed test mining at its fully permitted Beecher lithium project and expanded its US footprint with a strategic acquisition, while securing $4.27 million to fund ongoing exploration and development.

Quantum Graphite Limited has made significant strides in developing its Eyre Peninsula Graphite Hub, progressing detailed planning with government stakeholders and attracting new financiers for its Uley 2 project. Exploration and purification testwork updates promise to refine its resource and product quality outlook.

Australian Oil Company Limited reported stable gas production from key wells and completed a $1 million loan forgiveness settlement, while refocusing its portfolio away from less promising leases.

American West Metals reports promising drilling results at its Storm Copper Project and advances critical minerals exploration in Utah, backed by strategic funding and offtake agreements.

High Peak Royalties Limited reported stable royalty receipts of A$345,240 for the June 2025 quarter, maintaining cash flow while advancing monitoring of key gas and geothermal assets across Australia and the US.

Dundas Minerals has significantly expanded its gold exploration footprint by acquiring a dominant 612km² tenement position in the underexplored Gerry Well greenstone belt and received approvals for key drilling programs at its Kalgoorlie projects.

Bayan Mining and Minerals Limited reports promising Carlin-type gold mineralisation at its Nevada projects alongside strategic expansions and a $750,000 capital raise to fuel ongoing exploration.

Metal Bank Limited reports significant resource upgrades at its Livingstone Gold Project and new graphite assay results at Millennium, while advancing copper exploration in the Middle East.