Latest Exploration News

QX Resources has raised $1.23 million through a placement to fund exploration at its promising Madaba Uranium Project in Tanzania, setting the stage for a heli-borne survey and maiden drilling program this year.

IRIS Metals has raised $5.5 million through a strongly supported placement to accelerate development of its critical minerals portfolio in the United States, including early sales from its Beecher Project.

Aguia Resources has successfully raised $5 million through a well-supported placement to fund key developments in its Colombian gold and Brazilian phosphate projects. The capital injection aims to boost production and strengthen the company's balance sheet.

Retail Food Group has refinanced its senior debt with a new $41.2 million facility to back its Enhance & Grow strategy, while updating earnings guidance amid challenging trading conditions.

Solstice Minerals has reported outstanding initial assay results from its Phase 1 drilling at the Nanadie Copper-Gold Project in Western Australia, revealing wide zones of high-grade mineralisation that extend beyond the current resource estimate.

Locksley Resources has reported outstanding high-grade antimony assay results from its Desert Antimony Mine in California, with samples reaching up to 26.1% Sb. This breakthrough supports the company’s plans for a pilot plant aimed at domestic production critical to U.S. defense needs.

Noronex Limited has exercised its option to acquire a 51% stake in the Etango North Uranium Project in Namibia, initiating a maiden drilling program backed by AI-driven exploration techniques.

CuFe, Emmerson, and Tennant Minerals have won $600,000 in matched government grants to fund a feasibility study for a shared critical minerals processing facility in Tennant Creek, aiming to boost regional mining development.

FMR Resources has extended its latest diamond drillhole at the Llahuin Project’s Target C, intersecting visual copper and molybdenum mineralisation linked to a key geophysical anomaly. This marks a promising step towards pinpointing the core of a significant porphyry copper-gold-molybdenum system.

Nimy Resources reveals a significant extension to its Block 3 gallium deposit in Western Australia, with a high-resolution magnetic survey indicating a 3.5km strike beyond the current resource boundary. The company is also advancing metallurgical test work and seeking federal funding to support development.

Xpedra Resources has appointed mining veteran Scott Funston as Managing Director, aligning leadership with the launch of its maiden drilling program at the promising Springfield Gold Deposit in NSW.

Catalina Resources has verified a copper-rich Volcanogenic Massive Sulphide system at its Breakaway Dam Project in Western Australia, prompting a substantial follow-up drilling program. Concurrently, gold mineralisation continuity is confirmed at the Leghorn Prospect within the Evanston Project.