Latest Exploration News

Lord Resources has announced a pro-rata entitlement offer to raise approximately $1.39 million, primarily to fund its maiden drilling program at the Ilgarari Copper Project in Western Australia.

White Cliff Minerals reports compelling new assay results from its Rae Copper Project in Nunavut, revealing extensive high-grade copper and silver mineralisation along a 5km strike. The findings set the stage for expanded drilling and geophysical surveys to unlock the project's full potential.

Lunnon Metals has revealed promising results from sterilisation drilling near its Lady Herial gold deposit, uncovering a new stacked gold structure that could expand resource potential.

West Coast Silver has initiated a 1,500-metre diamond drilling campaign at its historically rich Elizabeth Hill Silver Project in Western Australia, aiming to unlock new high-grade mineralisation using modern exploration techniques.

Aston Minerals Limited shares will be suspended from trading following court approval of its acquisition by Torque Metals Limited. This marks a significant step in the consolidation of mining assets in Western Australia.

Iltani Resources has launched a $1 million Share Purchase Plan (SPP) offering existing Australian and New Zealand shareholders the chance to buy shares at a 10.4% discount following a recent $1.8 million placement. The funds will support exploration at the Orient Project and general working capital.

Locate Technologies has secured $1.45 million through a share placement and established a $2 million At-the-Market facility to boost financial flexibility, while unveiling a strategic plan to hold Bitcoin as part of its treasury management.

Australasian Metals Limited has identified significant chargeability anomalies at its May Queen Gold Project, suggesting promising sulphide mineralisation and supporting previous drilling results. The company plans targeted drilling to validate these new geophysical targets.

Prospech Limited has successfully raised $1 million through a 50 million share placement, aiming to accelerate exploration efforts in Finland and Slovakia, with a particular focus on expanding the Korsnäs resource.

QEM Limited has raised A$2.05 million through a strongly supported placement to accelerate its Julia Creek Vanadium and Energy Project, coinciding with the retirement of founding CEO Gavin Loyden and the appointment of Robert Cooper as his successor.

Gold Mountain Limited has issued nearly 486 million shortfall shares to underwriter Jose Luis Manzano, lifting its recent trading halt. A second tranche to Magnus Capital awaits shareholder approval, marking a pivotal step in the company’s capital raising.

ReadCloud Limited reports a robust first half FY25 with 13% organic revenue growth and a 73% jump in underlying EBITDA, powered by its expanding VET-in-Schools segment and disciplined cost management.