Latest Exploration News

Gold Mountain Limited has reported promising assay results from its Irajuba Prospect in Brazil, revealing significant extensions to rare earth mineralisation and setting the stage for expanded resource drilling.

Santana Minerals has cleared key regulatory and operational hurdles for its Bendigo-Ophir Gold Project in New Zealand, with a 30-year mining permit granted and strong drilling results boosting project prospects ahead of targeted mid-2026 construction.

A takeover premium blew the doors off the Materials board this week, while one discounted equity raise did the opposite. Uranium names kept climbing on real production progress, and rare earths stayed in favour as governments and buyers circle supply.

A takeover offer lit up small caps, while one high-growth software name slid hard despite strong sector news. Resources dominated the winners list, but investors still punished dilution and discounted fundraisings.

Jindalee Lithium Limited reported a cash outflow for the December 2025 quarter but maintains a solid cash position of A$6.5 million, with an estimated funding runway of 1.67 quarters. The company remains confident in securing additional financing to support its pre-development activities.

Jindalee Lithium has secured US government approval for its McDermitt Lithium Project’s exploration plan, reported strong drilling results, and extended exclusivity on a US SPAC listing valued at US$500 million.

Global Lithium Resources has released a strong Definitive Feasibility Study for its Manna Lithium Project, confirming its economic resilience, while also initiating an IPO to spin out its Marble Bar gold assets.

Strata Minerals has secured full ownership of the Zelica Gold Project in WA’s Eastern Goldfields, launched maiden drilling targeting high-grade gold, and expanded the project footprint through a strategic acquisition, supported by a $1.1 million capital raise.

Codrus Minerals reports encouraging initial diamond drilling results at its Bull Run Gold Project in Oregon, while progressing uranium exploration in Canada and executing a significant asset sale in Western Australia.

Adelong Gold Limited has retracted historical soil sampling data from its Apollo Gold-Antimony Project due to ASX compliance issues, while confirming new soil sampling results that extend known gold anomalies southward by 200 metres.

Resolution Minerals is fast-tracking development of the historic Golden Gate Tungsten Mine in Idaho, leveraging expert geological insight and acquiring a nearby processing mill and stockpiles amid soaring tungsten prices.

CD Private Equity Fund I announces a $0.05 per unit distribution, bringing total returns close to twice the initial investment since inception.