Latest Exploration News

Ora Banda Mining has significantly expanded its Little Gem gold prospect, discovering a new mineralised Sapphire Trend and extending known mineralisation over 1,500 metres strike and 750 metres depth. High-grade drill results underpin expectations for a maiden resource estimate later this year.

Frontier Energy has secured indicative senior debt terms worth around $220 million for its Waroona Renewable Energy Project, moving closer to finalising financing and supply contracts. The company is also considering mezzanine financing to optimise its funding structure.

Marimaca Copper reports significant high-grade copper and silver intersections from step-out drilling at Pampa Medina, setting the stage for a major 2026 drilling expansion.

Manhattan Gold Limited has clarified recent share price and volume spikes, attributing them to strategic corporate communications and a fresh investor research report.

Neometals has secured a 30-day extension to its exclusivity period with BML Ventures for the Ironclad Deposit development, allowing both parties to finalise due diligence and internal studies ahead of a joint venture agreement.

Dundas Minerals Ltd highlights its strategic focus on Western Australian gold projects, showcasing significant inferred resources and promising exploration targets at Romano and Kalgoorlie. The company’s experienced leadership and upcoming drilling programs position it well for near-term development.

Imugene Limited has launched a $20 million capital raising through a $12 million institutional placement and an $8 million Share Purchase Plan, alongside a convertible notes amendment to support its clinical development pipeline.

Evolution Energy Minerals has successfully closed an oversubscribed $4 million rights issue, supplemented by a $150,000 follow-on placement, bolstering funds for key exploration and development projects.

ActivEX Limited has secured $421,753 through a placement of over 21 million shares at a slight discount, locking in investors for 12 months. The funds aim to boost exploration projects and shore up working capital.

EV Resources has acquired the remaining 50% stake in the Don Enrique Copper-Silver Project in Peru, consolidating a large, drill-ready land package with significant high-grade mineralisation and permits in place.

Mount Ridley Mines has appointed David Wall as Non-Executive Chairman and promoted Allister Caird to Managing Director, signaling a strategic push to advance its critical minerals projects in Western Australia.

Brazilian Rare Earths (ASX: BRE) has significantly expanded its Sulista Rare Earth District in Bahia, Brazil, extending the strike length from over 10 km to more than 17 km with multiple high-grade mineralised corridors. The latest drilling results underpin a maiden JORC Mineral Resource Estimate expected mid-2026 and support BRE’s strategic hub-and-spoke development plan.