Latest Exploration Upside News

Matsa Resources has reported significant high-grade gold intercepts from recent drilling at its Fortitude North project, reinforcing the presence of multiple stacked lode structures and expanding exploration potential.

Nordic Resources has confirmed substantial gold mineralisation at its newly acquired Hirsikangas project in Finland, revealing wide and high-grade intersections with significant unexplored potential along a 10km magnetic trend.

Javelin Minerals has identified multiple high-priority gold-copper drilling targets at its Coogee West Project in Western Australia, setting the stage for a significant exploration campaign in the coming months.

Western Yilgarn Limited has announced a maiden JORC 2012 Inferred Mineral Resource Estimate for its Cardea 2 Bauxite Project in Western Australia, adding 20 million tonnes to its portfolio and complementing its flagship Julimar West project.

FireFly Metals has completed the initial tranches of a major equity raising, securing A$66 million to advance its high-grade copper-gold projects in Canada. The company’s fundraising includes a charity flow-through placement and institutional placement, setting the stage for further capital raises.

Gibb River Diamonds has successfully completed a heritage survey over the proposed open pit at its Neta Prospect, removing a key obstacle to mining development within the Edjudina Gold Project. The project moves closer to production with mining costs borne by a private contractor.

Dundee Precious Metals has agreed to acquire Adriatic Metals in a recommended £924 million share and cash offer, valuing Adriatic at approximately US$1.25 billion and delivering a premium of over 47% to recent trading prices.

Terra Metals has raised $4 million through a strategic placement, attracting heavyweight investors to accelerate exploration at its Dante Project in Western Australia.

Australian Critical Minerals has agreed to acquire Circuit Resources, gaining a substantial portfolio of gold, copper, silver, zinc, lead, and lithium projects in Peru, unlocking immediate drill-ready targets with significant exploration upside.

Silver Mines Limited has secured two historic Californian projects, Calico North and Kramer Hills, adding significant silver and gold exploration potential to its portfolio with minimal upfront cash outlay.

Aguia Resources is ramping up production at its high-grade Santa Barbara gold project in Colombia while advancing a low-capital phosphate operation in Brazil, setting the stage for robust cash flow generation.

Asara Resources has received a significant cash payment from Teck Resources Chile following the resolution of a legal dispute, marking a key milestone in their joint venture for the Loreto Copper Project.