Latest Exploration News

Rare Foods Australia reports an 18% biomass increase and $440k in cost savings, while launching its Subsea Estate brand and securing a $2.1M R&D refund to support growth.

Red Sky Energy's December 2024 report reveals steady production from Yarrow 3, imminent fracture stimulation at Yarrow 1, and a transformative 35% stake in Angola's Block 6/24, positioning the company for diversified growth and enhanced cash flow.

Prescient Therapeutics has secured FDA clearance for its PTX-100 Phase 2 trial targeting relapsed/refractory cutaneous T-cell lymphoma, while also appointing James McDonnell as its new CEO. The company reports steady progress in its cell therapy platforms and maintains a solid cash position bolstered by a recent R&D tax rebate.

Jade Gas Holdings has made significant strides in its coal bed methane project in Mongolia, completing key wells and securing A$3.63 million to accelerate its gas production strategy targeting 2025 gas flows.

Audalia Resources has completed a key drilling program at its Medcalf Project, delineating promising mineralisation zones while significantly boosting its cash reserves through a recent capital raise.

Lodestar Minerals has acquired an option over the high-grade Darwin IOCG project in Chile, revealing exceptional surface assays and preparing for drilling in early 2025. The company also identified new copper targets in Western Australia’s Earaheedy project and secured $520,000 in funding to advance exploration.

Bindi Metals reports a significant 3.3 km by 0.6 km antimony soil anomaly at its Kreva prospect in Serbia, alongside steady progress on the Lisa Project application and a solid cash position of $1.866 million.

High-Tech Metals Limited intensifies its exploration efforts at the Werner Lake Project in Canada while appointing Warren Thorne as CEO to spearhead growth and asset acquisition strategies.

Bayan Mining and Minerals advances its exploration footprint with 158 new claims in Nevada, completes key desktop studies, and strategically withdraws from its Canadian Tango Lithium Project.

Ausmon Resources Limited reports steady progress in rare earth and base metals exploration across Australia, with key drilling programs planned for 2025 despite a tight cash position.

Sabre Resources advances exploration with promising uranium targets in the Northern Territory and copper-gold anomalies in Western Australia, setting the stage for upcoming drilling campaigns.

Tombador Iron Limited reported a modest net cash outflow of $317,000 for the December 2024 quarter, yet holds robust cash reserves of $10.825 million, underpinning over 34 quarters of operational funding.