Latest Exploration News

Black Rock Mining has cleared key regulatory hurdles for POSCO's US$40 million equity injection and secured US$179 million in debt facilities, setting the stage for construction of its Mahenge Graphite Project in Tanzania.

BOSS Energy Limited's December quarter cash flow report reveals a $7.9 million net cash outflow from operations and a slight reduction in cash reserves to $65.2 million, underscoring ongoing investment in exploration activities.

MTM Critical Metals reports solid progress on its US-based Flash Joule Heating demonstration plant, targeting a Q4 2025 start-up in Texas amid favorable regulatory and funding prospects.

Many Peaks Minerals has revealed promising auger drilling results at its Ferké Gold Project in Côte d'Ivoire, identifying extensive new drill-ready gold anomalies and advancing diamond drilling to expand high-grade zones.

Sarytogan Graphite Limited has secured a key mining license and demonstrated promising product applications, supported by a significant investment from the European Bank for Reconstruction and Development. The company is progressing towards customer qualification and offtake agreements while expanding exploration efforts.

Brightstar Resources has initiated ore haulage from its Laverton Hub under a key Ore Purchase Agreement, setting the stage for its first gold pour in March 2025 and positioning the company for growth amid record gold prices.

The Star Entertainment Group has agreed to sell its Sydney Event Centre assets to Foundation Theatres for $60 million, marking a strategic shift in its property portfolio.

New World Resources has identified a significant gold-rich alteration zone at its Antler Deposit, promising to boost the project's resource base and economic outlook ahead of a planned resource update and DFS in late 2025.

GreenX Metals has been selected for BHP's 2025 Xplor program, securing US$500,000 to fast-track its Tannenberg Copper Project, while also winning a landmark £252 million arbitration award against Poland.

Horizon Minerals reported a $5.165 million cash outflow for Q4 2024 but bolstered its liquidity with a capital raising in January 2025, extending its runway amid ongoing exploration investments.

Verity Resources has confirmed a significant 1.1km extension of gold mineralisation at the Fred's Well Prospect within its Monument Gold Project in Western Australia, highlighting promising drill results and plans for pit optimisation studies in 2025.

Horizon Minerals reports a $14 million placement and a proposed merger with Poseidon Nickel, alongside key production milestones including the first gold pour at Boorara and a prefeasibility study at Penny's Find.