Latest Exploration News

Xanadu Mines has received a takeover bid from Bastion at A$0.08 per share, representing a substantial premium and backed unanimously by the board and major shareholder CAAF. The offer includes a $17.2 million capital injection and is subject to limited conditions.

Wayburn Holdings has lodged a formal application with the Takeovers Panel challenging the integrity of Emu NL’s recent extraordinary general meeting vote, citing undisclosed share placements and opaque proxy handling.

Unico Silver’s initial Phase 1 drilling at the Joaquin project delivers compelling high-grade silver and gold results, expanding the La Negra resource and revealing a promising new zone at Brunilda. A second drill rig is now accelerating deeper exploration.

Manhattan Corporation Limited (ASX: MHC) unveils strategic advances across its high-grade gold, lithium, and uranium projects, highlighted by a farm-in joint venture with Novo Resources and key management appointments.

Agrimin Limited progresses its strategic review of the Mackay Potash Project while supporting Tali Resources’ corporate restructuring and planned IPO, offering shareholders a priority investment opportunity.

Codrus Minerals has raised $1.24 million to fund drilling at its Bull Run Gold Project in Oregon, with operations set to begin by the end of May. The company targets six high-priority gold zones backed by strong assays and historic drill results.

Greenvale Energy has appointed seasoned resources executive Alex Cheeseman as CEO, signaling a strategic push to expand its resource base and enhance shareholder value.

Red Mountain Mining has initiated a 1000m reverse circulation drilling program at its Kiabye Gold Project in Western Australia, aiming to test newly identified magnetic anomalies and historic gold zones. The program is backed by recent capital raising and coincides with ongoing sampling at its Armidale Antimony-Gold Project.

Constellation Resources has unveiled promising initial results from its Edmund-Collier Natural Hydrogen Project, confirming organic-rich shales capable of generating thermogenic hydrogen. This milestone underscores the project's potential in the emerging zero-carbon hydrogen sector.

Great Divide Mining has confirmed the Challenger Gold Mine is ready for commissioning, marking a key step towards first gold production under the Adelong Venture Agreement.

TechGen Metals has launched an expanded aircore drilling program at its El Donna Gold Project near Kalgoorlie, targeting promising gold anomalies and historic high-grade intercepts. The company is leveraging its strategic location and strong market conditions to advance exploration.

Future Battery Minerals has acquired 100% ownership of the Miriam Project, consolidating all mineral rights and extinguishing royalties, paving the way for a focused gold exploration campaign starting July 2025.