Latest Exploration News

Vonex Limited has terminated its proposed scheme with Maxo Telecommunications amid shareholder opposition, while MaxoTel’s 4.4c cash offer will close on January 28, 2025. The Vonex Board recommends shareholders accept MaxoTel’s offer and reject Swoop Telecommunications’ conditional scrip bid.

Raiden Resources Limited has affirmed that the final assay results from its Andover South Project are material to its share price, following a detailed disclosure and trading halt process in early January 2025.

Indiana Resources Limited has confirmed a new high-grade gold zone at its Minos Gold Prospect in South Australia, with recent drilling revealing multiple significant intercepts. The company plans an aggressive 2025 exploration program to expand the deposit and establish a maiden resource.

Terrain Minerals has commenced reverse circulation drilling at its Lort River Project in Western Australia, targeting high-priority Vtem bedrock sulphide conductors that mirror the geology of IGO's Nova-Bollinger nickel-copper mine. Results are expected in early March 2025.

MetalsGrove Mining Limited reports promising exploration results with four new gold-copper prospects identified at its Bruce Project and significant zinc-copper-lead mineralisation confirmed at Edwards Creek, underpinning its 2025 exploration plans.

King River Resources has reported significant high-grade gold discoveries at its Kurundi Project in the Northern Territory, advancing its 2024 drilling program with promising assay results. The company is poised for further exploration in 2025, supported by a strong cash position and strategic investments.

Horizon Oil has successfully completed the WM29 well and commenced drilling WM30 in the Mereenie Development Program, aiming to boost gas production and meet new Northern Territory gas sales commitments.

Stellar Resources reports significant progress at its Heemskirk Tin Project, including record high-grade tin intersections and the launch of a Prefeasibility Study, supported by a strong cash position and strategic infrastructure agreements.

Spacetalk Limited reports a robust 12% increase in Annual Recurring Revenue to $11 million, driven by a 21% jump in paid mobile subscribers, signaling strong momentum and international ambitions.

Medallion Metals Limited has intersected substantial semi-massive to massive sulphides in its latest diamond drilling at the Trilogy Deposit, setting the stage for potential commercialisation via existing Forrestania infrastructure.

Mt Malcolm Mines NL’s bulk sampling program at the Golden Crown Prospect has yielded 122.4 ounces of gold doré, reinforcing the site’s ultra-high-grade gold mineralisation and underpinning plans for future mining development.

Condor Energy announces a substantial 147% increase in contingent gas resources at its Piedra Redonda offshore field in Peru, now estimated at 1 trillion cubic feet (2C). This upgrade positions Piedra Redonda as one of South America's largest undeveloped gas discoveries, expanding commercial and exploration prospects.