Latest Exploration Technology News

Pursuit Minerals is set to acquire a 100% stake in the high-grade Sascha Marcelina gold-silver project in Argentina’s prolific Deseado Massif, backed by a $4.04 million capital raise to fund aggressive exploration.

Encounter Resources’ recent airborne electromagnetic survey has pinpointed promising new drill targets at its Aileron Project, including high-grade niobium-rare earth zones and a key copper-gold prospect slated for drilling in October 2025.

Pantera Lithium has won strong shareholder approval for its sale of Daytona Lithium to EnergyX, with due diligence complete and closing expected soon. Meanwhile, Pantera is broadening its US critical minerals portfolio beyond lithium.

Waratah Minerals has extended gold mineralisation by 160 metres in both directions at the Consols Zone within its Spur Gold Corridor, revealing promising high-grade intercepts. The company is accelerating drilling efforts and adopting new assay technology to fast-track exploration.

Lithium Energy Limited has identified promising Mt Morgan-style gold-copper mineralisation within its Capricorn Gold-Copper Belt Project in Central Queensland, supported by re-assayed historic drill cores. The company plans to fast-track exploration with advanced geophysical surveys and drilling.

Caspin Resources has announced a maiden inferred tin resource at its Bygoo Tin Project in NSW, revealing a high-grade deposit with significant upside potential. An extensive Exploration Target suggests the resource could more than double with further drilling.

IGO Limited reported a significant net loss for FY25 driven by a $605 million impairment at its Kwinana lithium refinery and challenging market conditions. Despite setbacks, the Greenbushes operation maintained strong margins, and the company is advancing a refreshed strategy focused on clean energy materials.

Ballymore Resources has initiated a 30-day induced polarisation survey at the historic Andromache copper-gold prospect, backed by a $150,000 government grant, aiming to reveal deeper copper sulphide mineralisation and advance its Dittmer Project exploration.

Loyal Metals has raised $2 million through a targeted placement to accelerate exploration at its newly acquired Highway Reward Copper-Gold Mine, leveraging cutting-edge AI and drone technologies.

Kuniko Limited has made steady progress in developing its Norwegian battery metals projects, securing refinancing and preparing a rights issue to fund its next growth phase. Key partnerships and innovative exploration technologies underpin its strategic repositioning.

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.

Venus Metals Corporation has made significant progress at its Bellchambers Gold Project with the granting of a mining lease and encouraging drilling results, while advancing base metals exploration at Youanmi.