Latest Exploration News

Sarama Resources has raised A$2.7 million to fund exploration at its Australian gold projects while progressing a significant arbitration claim against Burkina Faso for expropriation of its African permit.

Sarama Resources Ltd reported a $1.9 million loss for the first nine months of 2025 while securing A$2.7 million in equity funding and advancing a $242 million arbitration claim against Burkina Faso over mining permit expropriation.

Centrepoint Alliance has reported record FY25 financial results, driven by strong organic growth, strategic acquisitions, and early adoption of AI technology. The company’s outlook for FY26 remains positive with increased EBITDA guidance and continued expansion in higher-margin segments.

Predictive Discovery Limited’s definitive feasibility study for the Bankan Gold Project in Guinea reveals a substantial 2.95 million ounce gold reserve and strong project economics, supported by comprehensive environmental and social approvals.

Rox Resources has successfully raised approximately A$200 million through a major institutional placement, securing full equity funding for the development of its Youanmi Gold Project. Supported by cornerstone investors and existing shareholders, the company is positioned to advance construction and begin gold production by mid-2027.

InVert Graphite has reported promising initial drilling results from its Kumba prospect in Tanzania, confirming consistent high-grade graphite mineralisation with grades reaching 13.4% Total Graphitic Carbon. The ongoing drilling program aims to further delineate this significant graphite resource ahead of the wet season.

Emu NL has raised $1.4 million through a discounted share placement to fund an expanded drilling program at its Yataga Copper Project, with drilling expected to start by late November 2025, subject to fire risk conditions.

Horizon Minerals has agreed to sell its Lake Johnston Project to Forrestania Resources for $35 million, aiming to refocus on advancing its Black Swan gold operations.

Argent Minerals has reported its highest silver grades to date at the Kempfield Project, intersecting over 200 metres of mineralisation including exceptional high-grade zones. The company is gearing up for an extensive follow-up drilling program to expand its promising polymetallic resource.

TG Metals has significantly expanded gold-in-soil anomalies at its Gold City prospect near Van Uden, increasing drill targets to four and setting the stage for early 2026 drilling. Pending assay results and ongoing exploration hint at a growing gold opportunity in Western Australia.

DPM Metals delivered record third quarter financial results driven by strong free cash flow and adjusted net earnings, while its recent acquisition of Adriatic Metals' Vareš operation promises higher-than-expected production in 2026.

Alvo Minerals reports promising trenching results at its Touro Prospect within the Palma Copper-Zinc Project, revealing significant surface mineralisation consistent with VMS deposits and prompting immediate drilling plans.