Latest Exploration News

Megado Minerals has completed a A$780,000 placement to institutional investors, issuing 39 million shares and attaching options to fund its Iberian Copper Project and working capital needs.

Falcon Metals has confirmed high-grade Bendigo-style gold mineralisation from its first diamond drill hole at the Blue Moon Prospect, marking a promising start to exploration north of the historic Bendigo Goldfield.

Santa Fe Minerals Limited has entered binding agreements to acquire the promising Eburnea Gold Project in Côte d’Ivoire from Turaco Gold Ltd, backed by a $1.2 million capital raise at a significant premium. The acquisition positions Santa Fe to advance exploration on high-grade gold mineralisation zones with substantial growth potential.

Santa Fe Minerals has entered binding agreements to acquire the Eburnea Gold Project in Côte d’Ivoire, backed by a $1.2 million capital raise at a 61% premium. The acquisition includes promising permits with historic high-grade gold intercepts, setting the stage for an aggressive exploration campaign.

Uvre Limited has completed a $4 million equity raise to fund its acquisition of Otagold and fast-track exploration at New Zealand gold projects. The capital raise saw strong director participation, signaling confidence in the company’s new strategic direction.

TechGen Metals has pinpointed two high-priority geophysical targets at its Mt Boggola Project in Western Australia, revealing promising copper, gold, antimony, and silver mineralisation zones that remain untested by drilling.

Golden Mile Resources has reported encouraging initial assay results from its maiden drilling campaign at the Pearl Copper Project in Arizona, revealing significant copper, lead, zinc, and silver mineralisation. The findings support the potential for a substantial mineralised system and set the stage for further exploration.

Titan Minerals has successfully expanded gold and silver mineralisation at its Iguana prospect by up to 800 metres beyond existing resources, while advancing drilling and geophysical surveys at the Dynasty Gold Project.

Australian Oil Company Limited has resolved a significant financial dispute with former director Gary Jeffery, involving loan forgiveness and a substantial share issuance that strengthens its balance sheet and refocuses management on growth.

Constellation Resources has revealed compelling seismic and geochemical evidence indicating large-scale natural hydrogen potential in its Edmund-Collier project in Western Australia. The findings highlight promising organic-rich formations and fault structures that could underpin future hydrogen exploration.

Bryah Resources’ subsidiary has acquired a 0.75% net smelter return royalty over key tenements in the Bryah Basin manganese project, streamlining the asset and enhancing future strategic options as the project advances towards production.

Flynn Gold has initiated its first diamond drilling campaign at the newly discovered Grenadier Prospect in Northeast Tasmania, targeting high-grade gold zones identified through recent trench sampling. Concurrently, drilling at the Trafalgar Prospect confirms mineralisation extensions, with further assay results awaited.