Latest Exploration News

Noronex Limited has received a non-refundable $200,000 option fee from Joint Era Mining, moving forward the $4.5 million sale of its Witvlei Project in Namibia and setting a three-month exclusivity period for due diligence.

TechGen Metals reports impressive high-grade gold assays up to 39.3g/t from rock chip samples at its newly acquired Dalgaranga Gold Project in Western Australia, highlighting a promising exploration opportunity along a major regional shear zone.

Bhagwan Marine has locked in a five-year, $75 million contract for its Coral Knight vessel with Jadestone Energy, reinforcing its foothold in Australia's offshore energy sector.

Olympio Metals has completed a targeted soil sampling campaign and initiated resampling of historical drill core at its Bousquet Gold Project in Quebec, aiming to expand the known mineralised strike and refine drill targets ahead of a follow-up drilling program.

Mount Burgess Mining NL has initiated reverse circulation drilling at the Viking Gold Project in Western Australia, targeting a promising high-grade shallow gold zone at the Beaker 2 prospect. This marks a key step in unlocking value from their newly acquired asset.

Rox Resources has opened a $10 million Share Purchase Plan at a 19.9% discount, inviting eligible shareholders to invest in the development of its Youanmi Gold Project. The offer runs through mid-December, aiming to bolster exploration and working capital.

Adavale Resources has launched a technically advanced second phase drilling campaign at its London-Victoria Gold Mine, aiming to expand the gold resource beyond current estimates. Led by new Managing Director David Ward, the program builds on promising initial results and structural insights.

Asian Battery Metals confirms a significant 30% strike extension of sulphide mineralisation at its Oval Cu-Ni-PGE project in Mongolia, supported by new drillhole visuals and assay results. The company advances plans for deeper drilling and regional exploration to build a critical metals cluster.

Zuleika Gold Limited has nearly doubled the mineral resource at its Credo Well Gold Project to 22,500 ounces, with mining lease applications underway and detailed mining studies planned for next year.

MEC Resources Ltd has announced a placement of over 359 million new options to raise approximately $359,000, with directors participating to offset fees. The offer comes as the company navigates ongoing legal challenges related to its key PEP-11 permit.

SolGold plc has unanimously rejected a non-binding acquisition proposal from Jiangxi Copper, triggering a notable share price rally that has significantly enhanced DGR Global’s valuation as a major SolGold shareholder.

Galilee Energy Limited has been reinstated to trading on the ASX following the announcement of a significant capital raising and acquisition, signaling a pivotal moment for the energy explorer.