Latest Exploration News

Ronin Resources has made significant strides in its exploration portfolio, applying for a large gold-silver project in Argentina and raising $461,500 to fund its development. The company also reports steady cash reserves and ongoing efforts to expand its business opportunities.

Galileo Mining Ltd’s latest quarterly cash flow report reveals a $706,000 net cash decrease amid ongoing exploration spending, while maintaining a strong cash position of $11.3 million.

Heavy Rare Earths Limited (ASX:HRE) advanced its uranium exploration footprint in South Australia with a key asset acquisition and bolstered its balance sheet through a $2.46 million capital raise during the December 2024 quarter.

Galileo Mining's latest quarterly report reveals significant platinum group element mineralisation at its Mission Sill prospect, supported by strong cash reserves and planned follow-up drilling in 2025.

MyEco Group Ltd has reported a robust 32% increase in sustainable product sales for Q2 FY25, driven by a remarkable 156% jump in MyEco branded product sales. Despite negative operating cash flow due to inventory build-up, the company is poised for continued growth in the second half of the fiscal year.

Capricorn Metals delivered a robust December quarter with rising gold production, record cash flow, and strategic expansions, positioning itself strongly for FY25 targets.

Sandfire Resources reported a 5% increase in copper equivalent production for H1 FY25, alongside a reduction in injury rates and operating costs at its Motheo operation. The company secured key approvals for a new tailings facility at MATSA, underpinning long-term growth.

NGX Limited reports significant progress in its uranium exploration in Namibia and graphite development in Malawi, alongside strategic leadership changes and a strong financial position.

MedAdvisor Limited reported a significant 38.6% drop in 2Q FY25 revenue due to vaccine program deferrals but expects a stronger second half driven by a diversified US pipeline and cost-saving initiatives.

Elementos Limited has pinpointed a significant shallow copper, gold, silver, and zinc target at its Cleveland Tin Project, leveraging advanced downhole electromagnetic survey data. The discovery lies just 70 metres below surface and is adjacent to previously reported high-grade mineralisation, prompting imminent drilling plans.

Zimplats' December quarter report reveals a decline in mined and milled volumes alongside increased cash costs per 6E ounce, even as key expansion projects advance steadily.

Infini Resources has initiated its first diamond drilling campaign at the Portland Creek Uranium Project in Newfoundland, targeting exceptional uranium soil anomalies with the potential for a major discovery in a tier-1 jurisdiction.