Latest Exploration News

FireFly Metals reports outstanding high-grade copper-gold intersections from its aggressive six-rig drilling campaign at the Green Bay Project, aiming to expand and upgrade its mineral resources significantly.

Strata Minerals has secured $1.6 million through an equity placement to fund its maiden drilling campaign at the Penny South Gold Project, targeting extensions of high-grade gold deposits near Ramelius Resources’ operations.

Cosmo Metals has secured an exclusive option to acquire the high-grade Bingara and Nundle gold, antimony, and copper projects in northern NSW, backed by a $1.6 million underwritten capital raising to fund initial exploration.

New Zealand Coastal Seafoods reports a sharp reduction in losses following the closure of its New Zealand operations and reveals promising initial fishing results in the Coral Sea. The company is actively exploring commercial opportunities for its Coral Sea Fishery permits and a potential acquisition to boost future revenues.

Brightstar Resources has entered a strategic earn-in agreement with Cazaly Resources, allowing Cazaly to earn up to 80% of the Goongarrie Gold Project by funding $3 million in exploration. This move streamlines Brightstar’s portfolio, enabling a sharper focus on advancing key development projects.

Cazaly Resources has inked a binding joint venture with Brightstar Resources to earn up to 80% of the Goongarrie Gold Project in Western Australia, targeting multiple high-potential gold zones with a $3 million exploration commitment.

Firetail Resources has secured a $3 million placement to fund a high-impact exploration program at its Skyline Project in Canada and ongoing work at the Picha Project in Peru, backed by institutional and director support.

Patronus Resources has upgraded its Mertondale Gold Project resource estimate, increasing contained gold ounces to 480,000oz alongside an 18% rise in grade, setting the stage for a June 2025 scoping study.

EV Resources Limited has reported promising high-grade antimony assay results from its Los Lirios project in Oaxaca, Mexico, signaling potential for near-term production and advancing metallurgical testing and processing plans.

Pivotal Metals has commenced drilling at its flagship Horden Lake project in Quebec, advancing metallurgical testwork and preparing for a resource update, while also progressing exploration at its high-grade BAGB projects.

Saturn Metals has announced a significant upgrade to its Apollo Hill Gold Project resource, now exceeding 2 million ounces of gold, driven by extensive drilling and enhanced geological modelling.

MTM Critical Metals has announced a breakthrough in recovering gallium and germanium from semiconductor waste using its proprietary Flash Joule Heating technology, achieving recovery rates that rival traditional methods while offering a more sustainable and scalable solution.