Latest Exploration News

Ordell Minerals has significantly expanded the Barimaia granodiorite intrusion to over 7km of strike, unveiling promising gold mineralisation with recent drilling results. A new drilling campaign is set to further explore this emerging gold province in Western Australia.

Askari Metals offers holders of expired AS2O options a priority issue of new options, while advancing due diligence on a promising Ethiopian gold project.

Besra Gold has appointed David Potter as Chair and Sean Williamson as Director, bolstering its board with seasoned expertise as it transitions from exploration to gold production at the Jugan Project.

Podium Minerals has announced a significant expansion of its Parks Reef Project in Western Australia with a new inferred copper-gold resource, enhancing the project's multi-metal portfolio and increasing its payable metals basket value by 21%.

Tungsten Mining NL has reported a maiden inferred mineral resource at its Hatches Creek Project, revealing significant tungsten and copper grades that underpin its ambitions to become a key critical minerals producer.

Alice Queen Limited is set to raise nearly $1 million through a two-tranche share placement, with substantial shareholder support and options attached, aiming to fuel exploration at its Viani project.

Celsius Resources has successfully completed the second tranche of its capital raising, issuing over 227 million shares and securing approximately A$1.75 million. The new shares are now trading on AIM, marking a significant step in the company’s funding strategy.

Impact Minerals Ltd has successfully closed its renounceable rights issue, raising $635,000 and issuing over 105 million new shares alongside nearly 53 million options. The capital raise marks a significant step in bolstering the company’s funding position.

Mount Burgess Mining announces the immediate resignation of long-serving Chairman Nigel Forrester due to ill health, appointing Dr. Steve Lennon as the new Executive Chairman to steer the company forward.

The Reject Shop Limited has entered a recommended scheme of arrangement with Dollarama Inc., offering shareholders $6.68 cash per share, a substantial premium over recent trading prices. The Independent Expert deems the deal fair and reasonable, with a shareholder meeting set for June 23.

Almonty Industries reported a sharp increase in net loss for Q1 2025 despite stable revenues, driven by significant non-cash charges on warrant and derivative liabilities. The company secured additional financing to support ongoing operations and project development.

Mantle Minerals has secured a $65,000 co-funded drilling grant from the WA Government to advance its Mt Berghaus gold exploration in the Mallina Basin.