Latest Exploration News

Fortuna Metals Limited (ASX:FUN) reports a major high-grade rutile discovery at its Mkanda project in Malawi, positioning itself to meet rising demand from aerospace and emerging robotics sectors amid a tightening global titanium market.

Latitude 66 Limited has completed a significant Phase 2 drilling campaign at its Laverton Gold Project, targeting resource expansion and structural clarity at the Red Dog and Tin Dog prospects. Assay results are expected soon, potentially shaping the project's next exploration phase.

Bounty Oil & Gas has announced a comprehensive recapitalisation plan including a $4 million capital raise, a 30-for-1 share consolidation, and debt-to-equity conversions aimed at strengthening its balance sheet and funding Queensland oil projects.

Forrestania Resources has inked a binding agreement with Polaris Engineering to construct a new carbon-in-leach plant at Lake Johnston, aiming for commissioning by November 2026 and a throughput of 3.2 million tonnes per annum.

Killi Resources Limited has successfully completed the first tranche of its share placement, issuing over 26 million shares to raise just over $1 million. The company confirms full regulatory compliance with no undisclosed information.

Lachlan Star has completed its acquisition of a major interest in the New Waverley Gold Project in Western Australia, with a maiden diamond drilling program scheduled to start next week.

Bass Oil reported steady February production with some operational setbacks in the Cooper Basin, while gaining regulatory approval for the Vanessa gas field acquisition and securing government funding for Kiwi gas development.

1414 Degrees has raised $2.69 million to accelerate its clean energy storage technologies, targeting the booming global data centre market and industrial energy users.

FIN Resources has successfully completed the first drill hole at its Cabin Lake Gold Project, intersecting a significant 38m zone of sulphide mineralisation that validates its geological model. Assay results are pending as drilling advances to the next target.

Unity Metals has reported promising high-grade gold intersections from initial drilling at its Ngot Gold Project, with assays confirming mineralisation similar to the nearby Okvau Mine. The ongoing 8,000m drilling program is progressing well, with further results eagerly awaited.

Talonx Resources secures $750,000 via a discounted share placement to fund reverse circulation drilling at its promising Blair North and Viking Gold projects in Western Australia.

Star Minerals has reported robust grade control drilling results at its Tumblegum South Gold Project, confirming excellent continuity and grade of gold mineralisation ahead of final mine planning.