Latest Exploration Targets News

Savannah Goldfields is gearing up to restart gold production by July at its Georgetown and Agate Creek projects, bolstered by a $5.7 million capital raise and the appointment of a seasoned mining CEO.

Somerset Minerals advances its strategic acquisition of the Coppermine Project in Nunavut, identifying multiple drill-ready copper anomalies and securing $2.39 million to fund maiden exploration.

Mantle Minerals has identified four promising new drill targets at its Mount Berghaus project following a high-resolution gravity survey, while seeking government co-funding to advance exploration.

Dragon Mountain Gold Limited reports steady progress in refining exploration targets at its Avalon and Cawse Projects while evaluating new acquisitions, despite a modest cash balance of $212,000.

Echelon Resources delivered a robust March 2025 quarter with production volumes up 5% and development wells at Mereenie surpassing expectations. The company also moved to acquire full operatorship of EP145 in the Amadeus Basin, signaling strategic growth despite exploration setbacks.

Power Minerals Limited has taken a significant step in expanding its South American critical minerals portfolio by signing a binding option to acquire the high-grade Santa Anna Niobium Project in Brazil, supported by a strategic US$300,000 investment and a $1.3 million placement to fund exploration.

Noble Helium has postponed its Western margin drilling program and appointed Dennis Donald as Non-Executive Chairman, while actively pursuing refinancing and cost-saving measures to sustain its flagship North Rukwa Project.

Many Peaks Minerals Limited has reported a significant high-grade gold discovery at its Ferké Gold Project, alongside a successful $6.22 million equity raise, positioning the company strongly for continued exploration in Côte d’Ivoire.

Mont Royal Resources has announced a transformative merger with Commerce Resources, creating a dual-listed Canadian-focused critical metals company anchored by the Ashram Rare Earth and Fluorspar Deposit in Quebec.

KGL Resources has reported a robust quarterly update for its Jervois Copper Project, highlighting a strong feasibility study with a $405 million NPV and successful drilling that extends high-grade copper resources. The company also secured $4.2 million in new capital and is progressing strategic financing to target production by 2027.

West Cobar Metals has identified five high-priority copper-gold targets in Western Australia’s Fraser Range and secured a farm-in deal with Minrex Resources to fund upcoming drilling. Positive metallurgical results at its Bulla Park copper-antimony project and a $450,000 placement underpin its exploration momentum.

Cullen Resources Limited reported significant progress in its gold exploration portfolio for the March 2025 quarter, including exercising an option to acquire 90% of the Yardilla Project and planning extensive drilling campaigns across multiple joint ventures.