Latest Exploration News

DMC Mining Limited reported a $206,000 net cash outflow for Q4 2024, with a cash balance dwindling to $33,000. The company has secured a $525,000 loan and is actively pursuing additional funding to support its upcoming public offer and operational needs.

DMC Mining Limited progresses its strategic acquisition of the Firawa and Labé uranium projects in Guinea, while navigating key board appointments and capital raising efforts ahead of ASX re-admission.

Nex Metals Explorations Ltd reports steady progress on its Kookynie Gold Tailings Project and updates on Yundamindra drilling results, supported by a robust funding position.

BMG Resources pushes forward with expansion drilling at its Abercromby and Bullabulling gold projects in Western Australia, supported by a recent $1.5 million capital raise. The company navigates regulatory caution by retracting prior production targets while maintaining a focus on resource growth.

Indiana Resources Limited reports significant high-grade gold intersections at its Minos deposit in South Australia, alongside a robust cash position and strategic leadership appointment.

Investor Centre Limited’s December quarter report reveals a strategic pivot with the withdrawal of its capital raising prospectus, the appointment of a new director, and ongoing talks to expand its wholesale financial services.

Dart Mining has completed the acquisition of the Triumph Gold Project and initiated drilling activities that have already produced encouraging rock chip assay results, signaling potential resource expansion.

EMU NL has made significant strides in its Yataga Copper Project exploration, completing key geochemical and geophysical surveys and securing $1.5 million through a share placement. The company is poised to identify high-priority drill targets in the first half of 2025.

Micro-X announces a strategic pivot towards medical imaging, anchored by a $25 million US government contract to develop a portable Full Body CT scanner, while discontinuing its Argus security operations to streamline costs.

European Metals Holdings Limited has clarified its recent Concept Study results for the Cinovec lithium project, retracting previous production targets while highlighting a potential increase in production capacity pending Definitive Feasibility Study confirmation.

Middle Island Resources reports steady progress in its Barkly Copper-Gold Super Project with ongoing drilling and modeling, supported by a recent $819K capital raise and government co-funding.

Heavy Minerals Limited advances steadily on its Port Gregory Garnet Project, with the Pre-Feasibility Study nearing completion and critical permitting and sales groundwork underway.