Latest Exploration News

Red Mountain Mining has visually confirmed an extensive antimony mineral system with stibnite veins stretching over 1km at its Armidale project in New South Wales, positioning the company to benefit from soaring antimony prices.

Black Cat Syndicate’s recent drilling at Kal East reveals promising high-grade gold intercepts at Imperial, suggesting a possible open pit cut-back, while extensive grade control drilling begins at Fingals to accelerate production.

Genesis Minerals has secured the Laverton Gold Project from Focus Minerals for A$250 million, significantly expanding its resource base near its Laverton mill and advancing its ASPIRE 400 growth strategy.

Aldoro Resources has launched a strategic review of its non-core exploration assets following external interest, while reaffirming focus on its flagship Kameelburg project.

Pioneer Lithium has completed the second tranche of its capital raising, issuing 1.6 million shares to directors following shareholder approval. This move strengthens the company’s capital base as it advances its lithium exploration ambitions.

GreenHy2 Limited has broadened its renewable energy storage portfolio by integrating graphene-based hybrid supercapacitor batteries, reporting robust FY24 growth and advancing key customer trials.

Orbminco Limited has entered a binding agreement to acquire the Majestic North Gold Project in Western Australia, boasting a JORC-compliant resource of nearly 40,000 ounces of gold. The company is raising A$0.88 million to support due diligence and exploration activities.

Auric Mining Ltd has unveiled a capital raising plan aimed at boosting gold production and expanding its resource base through 2028, including key acquisitions and exploration initiatives.

Auric Mining has raised $6.66 million through a strongly supported placement to fund key acquisitions and boost gold production amid record prices.

Alvo Minerals has terminated its planned acquisition of the Lavra Velha Gold Project after due diligence concerns, leading to the cancellation of a $2.93 million entitlement offer and the launch of a new discounted $1.6 million rights issue to fund ongoing exploration.

Volt Resources Limited has had its trading suspension lifted following a key announcement about its mineral exploration tenements in Guinea, signaling renewed investor interest.

Volt Resources Limited addresses recent media speculation about the potential cancellation of its mining licences in Guinea, confirming no formal notice has been received and engagement with authorities is underway.