Latest Exploration News

Winchester Energy Limited has amended its recent placement announcement, confirming a raise of $350,000 through the issuance of 350 million shares, up from the initially stated $300,000.

Immutep has struck a strategic licensing deal with Dr. Reddy’s, granting rights to commercialise its novel cancer immunotherapy Eftilagimod Alfa across key emerging markets. The agreement includes a $20 million upfront payment and potential milestones exceeding $349 million.

US1 Critical Minerals has launched Federal Court proceedings against Apex USA Resources over disputed Rare Earth Elements tenements in California, seeking to secure ownership and prevent disposal amid escalating tensions.

Viridis Mining and Minerals has secured a favorable technical assessment for its Colossus Project's environmental license, setting the stage for a critical council review in December.

Empire Resources has reported promising high-grade gold and copper anomalies from recent rock chip and soil sampling at its Yuinmery Copper-Gold Project, setting the stage for targeted drilling in 2026.

Southern Palladium Limited has completed the second tranche of its capital raising, issuing over 11.5 million shares to raise A$12.74 million following shareholder approval.

Stonehorse Energy’s first well in Alberta’s Ellerslie reservoir is producing ahead of schedule and below budget, prompting plans for three more wells in 2026 to deepen its foothold in Western Canada.

State Gas Limited has raised $3.2 million through convertible notes issued at a 33% premium, alongside a $0.5 million director debt conversion, to accelerate pre-development of its Rolleston West coal seam gas project following a maiden 2P reserve certification.

Felix Gold Limited has successfully raised $18 million through a placement to fund exploration and advance near-term military-grade antimony production in Alaska. The capital injection positions the company to capitalize on strategic supply opportunities amid global market shifts.

Koba Resources has completed a $4.35 million placement of 87 million shares at 5 cents each, accompanied by 43.5 million free attaching options exercisable at 8 cents until mid-2028, following shareholder approval.

Eastern Gas Corporation Limited, a Pure One subsidiary, has lodged a prospectus to raise $5.5 million to advance exploration and development of its Queensland gas assets, aiming for a standalone ASX listing.

Sunstone Metals has raised $8 million through a discounted share placement to fund a scoping study and drilling at its Bramaderos Gold-Copper Project in Ecuador, while advancing strategic corporate discussions.