Latest Exploration News

GTi Energy has marked a pivotal quarter with a positive scoping study for its Lo Herma uranium project in Wyoming, securing $4.5 million in funding led by Snow Lake Energy and gaining regulatory approval to begin drilling this September.

Great Western Exploration Limited reported a steady cash position of A$2.7 million at the end of June 2025, maintaining sufficient funding for upcoming quarters despite ongoing exploration expenditures.

Great Western Exploration advances its copper-gold exploration at the Oval and Juggernaut projects, unveiling the strongest geochemical signatures yet and initiating a detailed gravity survey to refine drill targets.

Novo Resources reports strong June quarter progress with high-grade gold intercepts at Tibooburra and new target zones at John Bull, advancing multiple projects across Australia.

BPM Minerals has reshaped its portfolio by acquiring the Forelands Gold Project and selling the Claw Gold Project, positioning itself for growth in Western Australia’s gold sector.

Neometals has reported a maiden Mineral Resource Estimate for its Ironclad gold deposit at Barrambie and signed a non-binding MoU with Rio Tinto to advance its lithium processing technology, alongside progress in battery recycling plant commissioning.

Heavy Minerals Limited is on track to release its Port Gregory Garnet Project Pre-Feasibility Study in Q3 2025, while advancing promising industrial minerals testing and preparing its mining lease application.

Piche Resources has appointed Karilyn Farmer as Managing Director, signaling a strategic push for its gold and uranium assets as founder Stephen Mann retires.

Sandfire Resources reported a 12% rise in copper equivalent production for FY25, narrowly missing guidance due to severe weather and power outages, while slashing net debt by $273 million. The company projects further growth in FY26 despite expected cost pressures.

Lunnon Metals reports robust gold assay results from the newly identified Lady Herial Northwest structure, confirming a stacked gold system at its Kambalda project. The company advances open pit permitting and negotiations with major shareholder Gold Fields Ltd.

CuFe Limited’s scoping study for its Orlando open pit project in Tennant Creek reveals strong economics with a $355 million NPV and a swift 1.9-year payback, setting the stage for a feasibility study.

Condor Energy’s maiden independent resource estimate confirms a multibillion barrel prospective oil resource offshore Peru, supported by enhanced seismic data and ongoing gas commercialisation studies.