Latest Exploration Upside News

Australian Mines Limited has identified a new high-grade gold zone adjacent to the historical VG1 resource at its Boa Vista project in Brazil, signaling promising exploration potential ahead of planned drilling.

Magnetite Mines has launched a $2.65 million renounceable rights issue with increased underwriting support, following promising rare earth mineralisation findings at its Ironback Hill Project.

MetalsTech Limited has completed critical in-adit channel sampling for its Sturec Gold Project, progressing its Pre-Feasibility Study (PFS) on track for late 2025 completion. The company is leveraging technological innovations to enhance recoveries and reduce environmental impact.

Wia Gold Limited has raised A$30 million through a placement to fund accelerated exploration and development at its Kokoseb gold project in Namibia, bolstering its cash position to approximately A$55 million.

Sunshine Metals is set to commence diamond drilling at its Sybil epithermal gold project in Queensland, following impressive high-grade surface gold assays and detailed topographic surveys. The upcoming drill program aims to unlock the potential of multiple undrilled prospects within this underexplored gold system.

Orpheus Uranium Limited has completed the acquisition of key exploration licenses in South Australia's Pirie Basin, expanding its uranium exploration footprint in a promising sedimentary uranium province.

Orezone Gold Corporation reveals promising high-grade drill results beneath existing pits at its Bomboré Gold Mine, highlighting potential for significant resource expansion and production increase.

Tombador Iron Limited is set to transform itself by acquiring GoviEx Uranium, creating a new ASX-listed uranium company focused on Zambia’s Muntanga Project. This deal includes a significant capital raise and board overhaul, aiming for a November 2025 completion.

Dateline Resources has identified six new high-priority gold targets at its Colosseum Gold-REE Project in California, expanding the scope of its 1.1 million ounce resource. These targets share key geophysical signatures with known mineralisation, with drilling set to begin in September.

Mount Burgess Mining has acquired two promising gold projects in Western Australia, Viking and Blair North, with plans to commence drilling in late 2025. The acquisitions come with strong historical drill results and a $900,000 capital raise to fund exploration.

Freehill Mining reports promising copper and gold assay results from its El Dorado project in Chile, alongside progress in commissioning its second aggregates site.

Gorilla Gold reports compelling high-grade gold assay results from its Comet Vale Project, extending mineralisation at Lakeview and Cheer prospects. The company is ramping up drilling activity with five rigs to support a significant resource upgrade planned for late 2025.