Latest Exploration News

Legacy Iron Ore Limited reported a robust operating cash inflow of A$16.1 million for the June 2025 quarter, ending with a healthy cash balance of A$9.7 million despite ongoing exploration investments.

Gorilla Gold has accelerated its growth trajectory with strong drilling results at Comet Vale and Mulwarrie, alongside acquiring full ownership of Comet Vale. The company is poised for significant resource upgrades in the coming quarters.

McLaren Minerals has completed a major drilling phase at its McLaren Titanium Project, uncovering significant extensions to mineralised zones and validating key processing methods. The company also secured $1.28 million in an oversubscribed capital raise to fund next-stage development.

McLaren Minerals reported a net cash outflow in operating and investing activities for Q2 2025 but bolstered its cash reserves with a $1.282 million placement to support advancing feasibility studies.

New Frontier Minerals reports significant heavy rare earth discoveries at Harts Range and promising copper processing results at NWQ, backed by a $1.59 million capital raise.

MetalsGrove Mining has acquired a significant joint venture interest in three exploration permits near the prolific Abujar gold mine in Côte d’Ivoire, positioning itself for growth in a promising West African gold district.

Argosy Minerals has made significant strides in developing its Rincon Lithium Project in Argentina, securing a 40MW energy infrastructure agreement and completing a $2 million placement to fund ongoing feasibility and engineering works.

Zeus Resources has completed the acquisition of the Casablanca Antimony Project in Morocco, confirming exceptional antimony grades, while divesting its Mortimer Hills lithium project with a structured royalty deal.

Pilbara Minerals delivered robust FY25 results, completing key expansions and beating production guidance, while setting a cost-focused FY26 plan amid ongoing lithium price volatility.

Thor Energy has announced the issuance of 25 million new shares following successful exploration milestones and director performance targets, with shares set to begin trading on AIM and ASX on August 1.

Santa Fe Minerals has extended gold anomalies over a 5km strike at its Challa Gold Project in Western Australia and identified new prospects, setting the stage for upcoming air-core drilling programs.

Panther Metals reports strong gold assay results from stockpiles and fresh nugget discoveries at its Laverton Gold Project, reinforcing its development prospects amid ongoing drilling.