Latest Exploration Targeting News

First Au Limited has entered a binding term sheet to progressively acquire full ownership of the Nimba Gold Project in Liberia, backed by a planned A$1 million equity raise to fund exploration. The project’s proximity to a major West African gold mine and promising drill results position FAU for a strategic expansion into a stable, mining-friendly jurisdiction.

High-Tech Metals has signed a joint venture with SSH Mining to drill, test, and sell historic low-grade gold stockpiles at Mt Fisher, aiming for early cash flow and project advancement.

Ardea Resources has received a $1.2 million R&D tax incentive rebate from the Australian Government, reinforcing its innovative work at the Kalgoorlie Nickel Project and strengthening its financial position.

White Cliff Minerals has delivered compelling assay results from its Rae Copper Project in Nunavut, revealing continuous high-grade copper mineralisation from surface and securing $14.4 million for ongoing 2025 drilling.

Aguia Resources has initiated a 25-hole diamond drilling campaign at its Santa Barbara Gold Project in Colombia, aiming to define a maiden JORC resource and explore extensive vein systems.

North Stawell Minerals (ASX:NSM) reports promising drilling results and strategic advances at its North Stawell Gold Project in Victoria, highlighting potential repeats of the prolific Stawell gold system and a robust exploration pipeline.

Power Minerals Limited has entered a strategic partnership with Brazilian miner EDEM to advance the high-grade Santa Anna Niobium Carbonatite Project in Goiás, Brazil, aiming to accelerate exploration and development through shared expertise and cost efficiencies.

Regis Resources reports a solid increase in Mineral Resources and Ore Reserves for 2024, driven by significant underground growth at Duketon and Tropicana. Exploration success at key sites underpins confidence in extending mine life and expanding underground operations.

Asara Resources reveals a robust 923,000-ounce gold resource at its Kada Project in Guinea’s prolific Siguiri Basin, setting the stage for extensive drilling and expansion in 2025.

Uvre Limited is set to acquire New Zealand gold explorer Otagold, backed by a $4 million equity raise and the appointment of mining veterans Norman Seckold and Peter Nightingale to its board.

White Cliff Minerals reports a significant high-grade copper discovery at its Rae Project in Nunavut, Canada, with assay results confirming substantial mineralization. The company is advancing exploration with further drilling and geophysical surveys planned for 2025.

GreenX Metals has commenced a fully funded airborne geophysical survey at its Tannenberg Copper Project under the BHP Xplor program, while also securing A$4.6 million through a share placement to bolster its exploration and development efforts.