Latest Exploration News

Bryah Resources has successfully completed the first tranche of its capital raising, securing $370,542 to fund copper exploration and working capital. The company now looks ahead to shareholder approval for the next phase of its placement.

Elixir Energy has significantly expanded its footprint in the Taroom Trough through a farmin agreement with Santos, adding substantial contingent gas resources as Eastern Australia faces an imminent gas supply shortfall.

Elixir Energy Limited has had its ASX trading suspension lifted following a pivotal announcement about expanding its Taroom Trough assets and initiating a capital raise.

Elixir Energy has expanded its footprint in Queensland's Taroom Trough through a farmin deal with Santos, boosting its contingent gas resources by 68% and launching a $9 million equity raise to fund upcoming exploration activities.

Elixir Energy Limited's shares have been suspended from trading pending a significant announcement about expanding its Taroom Trough position, signaling potential strategic growth in its energy assets.

Koonenberry Gold has initiated a targeted diamond drilling campaign at its Enmore Gold Project in NSW, aiming to expand on historically significant gold mineralisation at the Sunnyside Prospect. This marks the first follow-up drilling since acquisition, with promising intercepts suggesting substantial upside.

China’s new export restrictions on molybdenum have shifted global supply dynamics, positioning EV Resources’ Parag copper-molybdenum project in Peru as a strategic alternative supplier to the USA and Americas. With strong drilling results confirming high-grade molybdenum by-product, EV Resources is advancing plans amid growing demand.

Kinetiko Energy reports sustained and improving gas flows from its South African test wells, prompting a drilling optimization study to enhance recovery and support future production.

Belararox Limited has initiated drilling at its Malambo copper-gold porphyry target and is making steady progress at Tambo South, marking a pivotal phase in the Toro-Malambo-Tambo Project in Argentina.

Matsa Resources has reported a standout high-grade gold intercept of 12.98g/t at its Fortitude North project, confirming a second lode structure and reinforcing its exploration model of multiple stacked mineralised lodes.

Connected Minerals Ltd has pinpointed priority drill targets at its newly granted Swakopmund Uranium Project in Namibia following a successful HLEM geophysical survey. The company is advancing plans for an initial drilling campaign set to begin in Q2 2025.

Blue Star Helium has initiated well testing at its Great Plains assets in Lincoln County, Colorado, aiming to confirm commercial viability and guide development decisions. Positive results could accelerate the company’s expansion in North America’s helium market.