Latest Exploration News

Australian Silica Quartz Group reports promising gold exploration results at Koolyanobbing Metals Project while ending its Quartz Hill joint venture, maintaining a solid cash position and listing rural properties for sale.

Firetail Resources has significantly increased its landholding at the Excelsior Gold Project in Nevada, uncovering multiple undocumented workings and promising copper and gold mineralisation ahead of planned drilling.

Enegex Limited has received all necessary approvals to commence drilling at its Rocky Ridge gold prospect, complementing promising soil sampling results across its West Yilgarn projects. The company’s strategic focus on early-stage geochemical reconnaissance continues to uncover significant gold anomalies.

DY6 Metals has clarified its compliance with ASX continuous disclosure rules following a material capital raising and CEO appointment, confirming timely and confidential handling of sensitive information.

West Coast Silver Limited has updated its assay data for the Elizabeth Hill Silver Project, reporting significant silver grades up to 490 g/t alongside elevated copper and gold values. The findings hint at new mineralised zones beyond the historic mine footprint.

Centex Limited and Agriflex Pty Ltd, currently under voluntary administration, have received a Deed of Company Arrangement proposal from PRL Global Limited involving an $8.2 million contribution and a share transfer. Administrators recommend creditors approve the DOCA for better returns and operational continuity.

Centrex Limited and its subsidiary Agriflex Pty Ltd have entered a Deed of Company Arrangement (DOCA) with PRL Group Limited set to acquire 100% of Centrex shares, pending court approval. An independent expert report values Centrex shares at nil on a liquidation basis, while mineral assets are valued at A$5.6 million.

IPB Petroleum has secured a crucial two-year extension on its WA-424-P permit in the Browse Basin, allowing more time to progress the Gwydion oil discovery and explore the Idris prospect. The company is actively pursuing partnerships and funding to unlock value from these assets.

Xstate Resources has pushed back the closing date of its public offer to early August, setting the stage for a potential ASX re-listing by late August following key approvals and asset acquisition.

Forrestania Resources reports impressive high-grade gold drilling results at Ada Ann and advances exploration with new tenement acquisition and board appointment.

Stavely Minerals reports exceptional gold assay results from its Stavely Project in western Victoria, highlighting promising shallow mineralisation and metallurgical testwork confirming efficient gold recovery. The company also secures government grants to advance its Hawkstone nickel-copper exploration.

Gold Hydrogen Limited has locked in a $14.5 million strategic investment from major Japanese corporations to fund expanded drilling and appraisal at its Ramsay Project in South Australia. This capital injection aims to advance the company’s pioneering work in Natural Hydrogen and Helium exploration.