Latest Exploration News

Mindax Limited reported a net cash outflow from operations of A$516,000 for the June quarter, ending with A$1.3 million in cash and recently secured an additional A$1.6 million through a share placement.

Caravel Minerals has secured a $15 million non-dilutive loan facility to fund the Definitive Feasibility Study for its Caravel Copper Project, alongside finalising a simplified process flowsheet and initiating key engineering tenders.

Dome Gold Mines reports delays in its Sigatoka desilting project due to local activist opposition, while progressing its feasibility study and securing key license renewals in Fiji.

Bulletin Resources has significantly expanded its Lake Rebecca Gold Project to 1,100 square kilometres through a strategic acquisition, while facing regulatory challenges at its Ravensthorpe Lithium Project. The company maintains a strong financial position as it prepares for upcoming exploration activities.

Far Northern Resources has completed its first phase of drilling at the Bridge Creek project, confirming significant high-grade gold mineralization and preparing for an expanded second phase of exploration.

Krakatoa Resources is set to begin its first drilling campaign at the Zopkhito Antimony-Gold Project in Georgia, backed by a recent $1.66 million capital raise to fund exploration and resource conversion efforts.

Volt Resources reports robust progress on its Alabama Graphite Refinery scoping study, strategic partnerships in Tanzania, and resilient production in Ukraine, positioning itself strongly amid evolving graphite market dynamics.

Heavy Rare Earths Limited (ASX – HRE) reports significant uranium, scandium, and rare earth assays from its Radium Hill project, alongside strategic airborne surveys and advancing exploration across Australia.

Triton Minerals updates investors on delayed legal proceedings over its Mozambique graphite projects while progressing exploration planning at its Aucu Gold-Copper Project.

Orpheus Uranium Limited has secured $1.25 million to fund its newly acquired Pirie Basin Project, marking a strategic shift towards active exploration across key uranium provinces in Australia.

Orpheus Uranium Limited reported a net cash outflow from operations and investing in the June quarter but strengthened its cash position through financing activities, extending its funding runway to over seven quarters.

DMC Mining’s planned acquisition of the Firawa and Labé uranium projects in Guinea faces delays due to exploration license approvals, while the company’s cash reserves dwindle to just A$14,000.