Latest Exploration Targeting News

GTI Energy Ltd reports promising uranium leach test results from its Lo Herma project in Wyoming, demonstrating approximately 75% recovery rates consistent with regional ISR operations. These findings underpin the upcoming Scoping Study expected in H1 2025.

Coolabah Metals Limited is undertaking a $3-4 million capital raise to fund the acquisition of Broken Hill Mines Pty Ltd and its subsidiary, aiming to re-list on the ASX and focus on developing the Rasp and Pinnacles Mines.

Xstate Resources has divested its 25% stake in the Crest Jinn assets in Alberta, Canada, opting for a modest royalty interest as it refocuses amid geopolitical and operational uncertainties.

Aureka Limited has initiated a new diamond drilling campaign at its Tandarra Gold Project JV while continuing strong progress at the Irvine Gold Project, aiming to expand its gold mineralisation footprint in Victoria.

Aurumin Limited has initiated a 2,000m drilling campaign at its Central Sandstone Project targeting high-grade iron ore, advancing a potential $7 million joint venture with Newcam Mineral Pty Ltd. This move aims to unlock significant value from a promising iron ore district with grades up to 67% Fe.

Arika Resources has revealed promising high-grade gold results from rock chip sampling at its Yundamindra Gold Project, spotlighting the Queen of Sheba prospect and expanding discovery potential in Western Australia’s Laverton district.

Benz Mining has launched its inaugural drilling campaign at the Glenburgh Gold Project in Western Australia, aiming to expand high-grade gold resources with results expected to shape an updated mineral resource estimate later this year.

Novo Resources has significantly expanded its Australian exploration footprint through three new high-potential farm-in and joint venture agreements, while maintaining a robust financial position with A$12.1 million in cash and A$43.8 million in investments.

Antares Metals has identified several promising exploration targets at its Conglomerate Creek project through detailed magnetic and gravity surveys, with 3D modelling underway to refine these findings.

Neometals Ltd has launched its maiden gold drilling program at the Barrambie Gold Project in Western Australia, marking the first such effort in two decades. The program aims to validate historic high-grade gold mineralisation and explore new targets within a richly prospective greenstone belt.

Golden State Mining is set to launch a comprehensive gold drilling campaign across its Western Australian projects in 2025, with key heritage approvals underway and promising geochemical results guiding exploration targets.

Astute Metals NL has identified a new high-grade lithium-bearing claystone unit at its Red Mountain Project in Nevada, significantly enhancing the project's exploration potential ahead of a maiden resource estimate.