Latest Exploration Targets News

Capricorn Metals has secured the Mummaloo Project, significantly enlarging its Mt Gibson exploration tenure with promising gold targets just kilometres from existing resources. The $3.5 million deal includes tenements and key physical assets, setting the stage for focused exploration in 2025.

Apollo Minerals reports exceptional drilling results at its Salanie Gold Project in Gabon, revealing high-grade gold mineralisation and securing $1.25 million through a recent entitlement offer.

Finder Energy reports significant progress in its Kuda Tasi and Jahal oil fields development, including promising production simulations and active partner engagement for funding. The company also advances exploration efforts in the UK North Sea and Australia, maintaining a solid cash position.

Mount Ridley Mines has completed a 1-for-10 capital consolidation and refreshed its board with experienced new directors, positioning itself for strategic growth amid ongoing portfolio evaluations.

GTI Energy has reported a significant 50% increase in its Lo Herma uranium resource estimate to 8.57 million pounds eU3O8, alongside an expanded exploration target and a completed $1.6 million rights issue to advance project development.

Red Mountain Mining reports compelling exploration results at its Fry Lake Gold Project in Canada, alongside promising developments in Australia and a successful capital raise exceeding $700,000.

Australian Gold and Copper Ltd confirms Achilles as a major silver-dominant discovery with exceptional assay results, backed by a strong $17 million cash position. The company is gearing up for an aggressive exploration campaign in 2025 targeting multiple new high-priority zones.

Tennant Minerals has advanced its high-grade Bluebird copper-gold discovery with an extensive drilling campaign and forged a strategic alliance to accelerate resource development in the Tennant Creek region.

Inca Minerals Limited reported steady progress in its December 2024 quarterly activities, focusing on refining exploration targets and securing funding while navigating regulatory and operational challenges.

Tempest Minerals reports maiden drilling success at its Remorse target, revealing significant high-grade magnetite and base metal anomalies with an initial exploration target of up to 110 million tonnes at 30-32% iron.

Magnum Mining and Exploration Limited moves forward with acquiring two promising rare earth element projects in Brazil while progressing negotiations on a green pig iron venture in Saudi Arabia.

Eclipse Metals Ltd reports significant progress in its Greenland rare earth projects, including access to historic drill cores and positive resource estimates, while advancing towards mining licenses and applying for EU strategic funding.