Latest Exploration News

Dimerix has secured a significant licensing agreement with Amicus Therapeutics for its kidney disease drug candidate DMX-200 in the US, receiving a US$30 million upfront payment and advancing its Phase 3 trial with FDA endorsement of a key clinical endpoint.

Mithril Silver and Gold Limited has successfully closed a C$11.5 million brokered private placement, positioning the company to advance its Copalquin district project in Mexico while bolstering working capital.

Lanthanein Resources has completed diamond drilling at its Lady Grey Project, reported promising assay results, and launched a $2.4 million capital raising alongside a proposed rebrand to Fortuna Metals.

Thor Energy has agreed to sell a majority stake in its US uranium projects to Metals One, securing upfront cash and stock consideration while focusing on its hydrogen and helium ambitions.

Tivan Limited has identified three new copper mineralisation sites at its Turiscai Project in Timor-Leste, advancing its early-stage exploration with assay results expected in September 2025.

Zinc of Ireland NL has completed key drilling at its Mt Clere Project in Western Australia, intersecting broad sulphide zones, while refining its zinc-lead portfolio in Ireland with ongoing gravity surveys. The company holds a solid cash position of approximately A$1.25 million as it pursues further exploration and potential acquisitions.

GreenX Metals advances its German and Greenland projects with modern exploration techniques and secures a significant arbitration award against Poland, positioning itself strongly in critical minerals markets.

Mandrake Resources reports progress on its Utah Lithium Project, highlighting a 3.3Mt inferred lithium resource and new brine flow modelling to target high-grade zones. The company maintains a strong cash position while exploring strategic growth opportunities.

Pursuit Minerals has issued over 8.5 million placement options and additional shares to directors following shareholder approval, setting the stage for potential capital inflows through option exercises by mid-2027.

Many Peaks Minerals has reported strong progress in its Côte d’Ivoire gold projects, highlighted by robust drilling results at Ferké and a significant A$13.5 million equity raise to fund further exploration.

Asian Battery Metals PLC has identified 29 conductive plates, including six high-priority targets, at its Oval Cu-Ni discovery in Mongolia, setting the stage for a drilling restart in August 2025.

Talisman Mining has initiated a targeted drilling campaign at its Walkers Hill Project in NSW, aiming to test a significant gold anomaly supported by historical mineralisation and recent geophysical data. Meanwhile, a comprehensive geophysical survey at Yarindury sets the stage for upcoming drill tests.