Latest Exploration News

Evergold Minerals has raised A$5.23 million to accelerate gold exploration at its Mt Monger and Leonora projects in Western Australia, setting the stage for imminent drilling and resource expansion.

Discovery Alaska Limited has completed a $354,000 private placement to fund exploration at its Boulder Creek Gold-Silver Project in Idaho, with additional project opportunities under review.

Cosmo Metals has secured $1.55 million through a fully underwritten entitlement offer to fund near-term drilling at its Kanowna Gold Project in WA and the Bingara and Nundle projects in NSW. The capital raise includes free attaching options, with strong backing from major shareholders and management.

Macro Metals Limited has secured shareholder approval for a A$5.3 million budget to push the Extension Iron Ore Project in Western Australia towards mine construction readiness, marking a significant step in its development.

HMC Capital has forged a strategic partnership with global investor KKR, securing up to $603 million to expand its Energy Transition Platform focused on battery storage and wind projects. This deal aims to boost Australia’s renewable capacity while enhancing shareholder returns.

Native Mineral Resources’ board members have converted $1.62 million in options into 63 million new shares, reinforcing their commitment to the company’s growth strategy and key projects in northern Queensland.

Berkeley Energia’s subsidiary has lodged a $1.25 billion arbitration claim against Spain, alleging treaty violations that have stalled its Salamanca uranium project. Despite the dispute, the company remains committed to dialogue and project development.

Ore Resources has acquired an additional mining lease within its Miriam Gold Project, consolidating tenure over the promising Canyon prospect. The company plans an extensive 30,000m drilling program in 2026 to further explore this fertile gold system.

Advance Metals has revealed compelling results from historic core sampling at its Yoquivo Silver-Gold Project, highlighting extensive high-grade mineralisation and potential for both underground and bulk tonnage resources. An upgraded JORC resource estimate is imminent.

Resouro Strategic Metals reports a $2.83 million loss for Q3 2025 while progressing its Tiros Titanium Dioxide and Rare Earth Elements Project, highlighted by an updated 1.9 billion tonne mineral resource estimate. The company also secured $3 million in a recent private placement, underpinning its exploration activities.

Ballymore Resources has confirmed significant high-grade silver-lead-zinc mineralisation in its first step-out drill hole at Little Torpy’s, 600 metres south of the main Torpy’s workings, underscoring the potential for a large-scale project in north Queensland.

MGX Resources has completed its $50 million acquisition of a 50% stake in the Central Tanami Gold Project, positioning itself for a major push in one of Australia's highest-grade gold ventures.