Latest Exploration News

Althea Group Holdings has sharply downgraded its FY25 financial guidance, citing significant challenges in its medicinal cannabis division and the strategic withdrawal from a vape product initiative. Despite the setback, the company highlights ongoing growth in its recreational cannabis operations and a strategic refocus on capital efficiency.

Bounty Oil & Gas, through its joint venture operator Asset Energy, has initiated a judicial review against the refusal to vary and extend the PEP-11 offshore petroleum exploration permit. The legal challenge could reshape the future of this key Sydney Basin asset.

OzAurum Resources confirms consistent high-grade gold mineralisation at its New Cross Fault discovery within the Mulgabbie North Gold Project, highlighting promising drill results and a new structural target that could significantly enhance the project’s resource base.

Jupiter Energy Limited has extended the closing date for its General and Director Placement Offers to March 3, 2025, adjusting its capital raising timetable amid ongoing development plans in Kazakhstan.

Dundas Minerals reports promising drilling results at its Baden-Powell gold deposit, revealing extensions to mineralised zones and setting the stage for an updated resource estimate.

Koonenberry Gold Limited has raised $2 million through a strategic placement to accelerate exploration at its Enmore and Lachlan projects, including an expanded drilling program at Sunnyside.

Basin Energy reports significant high-grade uranium and rare earth element mineralisation at its Björkberget, Rävaberget, and Trollberget projects in Sweden, highlighting strong exploration potential in a region poised for regulatory change.

Adelong Gold has acquired a 100% interest in the Apollo Gold Project in Victoria, unlocking significant high-grade gold exploration potential in a prolific region. The acquisition complements its existing portfolio and sets the stage for accelerated drilling and resource growth.

Inca Minerals confirms exceptional gold and antimony assay results from its Hurricane Project in North Queensland, reinforcing the high-grade potential of the asset ahead of its acquisition of Stunalara Metals.

Carnaby Resources has reported robust drill results from its Greater Duchess copper-gold project in Queensland, reinforcing the project's significant resource growth potential as pre-feasibility studies advance.

Miramar Resources has secured $1.8 million through a share placement to accelerate gold and critical minerals exploration, focusing on the promising Gidji JV Gold Project near Kalgoorlie.

Castle Minerals has reported compelling high-grade gold intercepts from its Kpali Gold Prospect in Ghana’s Upper West Region, confirming the site as a robust discovery with promising potential for a new West African mining camp.