Latest Exploration News

Metals Australia Limited has reported a 3.3-fold increase in its Lac Carheil Graphite project resource, now totaling 50 million tonnes at 10.2% graphite content, while progressing key studies for a battery anode material plant in Quebec.

IGO Limited reports improved safety metrics and steady production despite operational headwinds, maintaining a strong balance sheet and positive cash flow.

Golden Deeps Ltd has reported exceptional high-grade copper, silver, zinc, lead, and germanium assay results from its Central Otavi Project in Namibia, advancing exploration with a $3.54 million capital raise to fund upcoming drilling.

Agrimin Limited continues its strategic review of the Mackay Potash Project while initiating new geophysical surveys in Western Australia’s West Arunta region, alongside ongoing cost reductions and a stable cash position.

St Barbara Limited reports steady progress on its Simberi Expansion Project in Papua New Guinea and Atlantic Gold Projects in Canada, despite production challenges and pending regulatory decisions. A recent A$58 million capital raise strengthens its financial position for growth.

Lord Resources has completed its first drilling campaign at the Ilgarari Copper Project, identified promising geophysical targets, and bolstered its finances through successful capital raises amid key leadership changes.

Industrial Minerals Ltd has announced a maiden inferred mineral resource estimate of 6.2 million tonnes at 98% silica for its Pippingarra Quarry Project, alongside successful testwork and a 12-month option extension.

Ragusa Minerals has signed a binding agreement to acquire a 60% controlling interest in Pegasus Tel Inc., gaining access to the Purple Pansy Manganese-Gold Project in Arizona, a critical mineral asset aligned with US government priorities.

Haranga Resources has completed its acquisition of the Lincoln Gold Project in California and reported high-grade gold results from its Senegal project, backed by a $14 million capital raise to fast-track exploration and development.

Pivotal Metals Limited has announced a C$2.6 million flow-through share offer targeting Canadian investors, aimed at funding critical minerals exploration in Quebec. The offer complements a concurrent institutional placement, underscoring the company’s aggressive growth strategy amid significant operational risks.

MinRex Resources reports promising rare earth element and titanium dioxide results from its maiden drilling at the Fraser Range Project, while extending its option to acquire a 50% stake until January 2026.

GWR Group Limited reported steady progress on its Prospect Ridge Magnesite Project and maintains strong cash reserves, while opting out of a potential acquisition after thorough due diligence.