Latest Exploration News

Sipa Resources has swiftly initiated ground exploration at its newly acquired Tunkillia North gold project, signalling a focused push into a highly prospective South Australian gold district. The company’s methodical approach includes infill calcrete sampling and plans for targeted drilling across multiple projects.

Red Mountain Mining has pinpointed multiple promising antimony and gold targets at its Armidale project in NSW, launching a detailed sampling campaign to unlock the area's largely untapped potential.

Great Boulder Resources has resumed reverse circulation drilling at the Mulga Bill North target within its Side Well Gold Project, aiming to expand a high-grade gold resource that could surpass one million ounces.

Trigg Minerals has secured NSW Government approval for the transfer of its Achilles Project licence, enabling formal exploration of the high-grade Wild Cattle Creek antimony deposit.

Trinex Minerals has secured statutory approval for a Reverse Circulation drilling program at its Dudley Lithium Project on Kangaroo Island, marking a key step forward in its lithium exploration strategy. Meanwhile, the company has withdrawn from its uranium project in Canada to focus resources on lithium.

GWR Group is actively pursuing a transformative transaction in Western Australia while maintaining a robust cash and investment position of $53.6 million. The company underscores its confidence in tungsten amid tightening global supply.

Gorilla Gold has reported compelling new high-grade gold intercepts at its Comet Vale Project, revealing a continuous gold zone beyond the current resource boundary. The ongoing drilling campaign aims to further define this emerging discovery, potentially reshaping the project's growth trajectory.

BlueScope Steel reported a resilient $309 million underlying EBIT for 1H FY2025 despite depressed steel spreads, announcing a 30 cents per share interim dividend and extending its buy-back program. The company is targeting a $500 million incremental EBIT uplift by 2030 through cost initiatives and strategic growth projects.

Whitebark Energy Limited has issued a supplementary bidder's statement updating its $3 million capital raising and correcting share valuation details in its ongoing takeover offer for King Energy Limited.

MinRex Resources has closed its pro-rata non-renounceable entitlement option offer, raising $97,581 with a significant shortfall still available for subscription over the next three months.

Carly Holdings Limited has agreed to merge its car subscription operations with Carbar Holdings in a $3.8 million deal, aiming to create a larger, more competitive player in Australia’s growing car subscription sector.

Many Peaks Minerals Limited has amended its previous ASX announcement on auger sampling at the Ferké Gold Project to enhance regulatory compliance, while continuing to advance exploration with diamond drilling and planned air core and RC programs.