Latest Exploration News

PolyNovo Limited reported a robust 28.9% increase in group sales to A$118.6 million for FY25, alongside a 151% surge in net profit after tax to A$13.2 million, driven by strong U.S. growth and key regulatory approvals.

Vital Metals Limited has had its trading suspension lifted following announcements addressing an ASX Price and Volume Query and a new capital raise, signaling renewed market activity.

Vital Metals has raised A$6.8 million through a strategic placement led by US-based Strategic Resources LLC to advance its Tardiff Rare Earth project in Canada, aiming to deploy innovative Dry Field Force Extraction technology that could reshape project economics and environmental impact.

Locksley Resources has partnered with Rice University to pioneer domestic antimony processing in the US, aiming to reduce reliance on foreign supply and support critical defense and energy sectors.

Lion Selection Group has sold its stake in Erdene Resource Development Corp for A$12.3 million, securing a strong return and announcing a 2 cents per share fully franked special dividend for shareholders.

InhaleRx Limited reported a widening half-year loss as it accelerates clinical trials for inhaled drug-device therapies, supported by a substantial $38.5 million funding facility.

G50 Corp has raised A$10 million through a well-supported institutional placement to fund extensive drilling and metallurgical testing at its Golconda project in Arizona, targeting strategic minerals including gallium.

Legacy Minerals has secured NSW Government approval to recommence drilling at its Mt Carrington gold-copper project, unveiling fresh geophysical targets and backed by a recent $7.75 million capital raise.

Dome Gold Mines has announced a $5 million Share Purchase Plan at a 6.25% discount to fund critical milestones for its Sigatoka Sands Project in Fiji, aiming to secure a mining licence and commence operations.

Butn Limited has reported record revenue growth and its first positive operating cash flow for FY25, alongside securing a substantial $100 million funding facility to fuel future expansion.

Strickland Metals has announced the discovery of a new high-grade copper-gold zone at its 5.3Moz AuEq Shanac Deposit in Serbia, revealing some of the highest copper grades ever recorded at the project. This breakthrough supports the company’s ambitious 50,000m drilling program and a targeted resource upgrade later this year.

Havilah Resources has reported its widest gold-copper mineralised intercept to date at the Mingary Mine prospect, revealing promising continuity and potential for future resource expansion near its Mutooroo project.