Latest Exploration News

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Celsius Resources has successfully completed the second tranche of its capital raising, issuing over 227 million shares and securing approximately A$1.75 million. The new shares are now trading on AIM, marking a significant step in the company’s funding strategy.
Maxwell Dee
Maxwell Dee
16 May 2025
Impact Minerals Ltd has successfully closed its renounceable rights issue, raising $635,000 and issuing over 105 million new shares alongside nearly 53 million options. The capital raise marks a significant step in bolstering the company’s funding position.
Maxwell Dee
Maxwell Dee
16 May 2025
Mount Burgess Mining announces the immediate resignation of long-serving Chairman Nigel Forrester due to ill health, appointing Dr. Steve Lennon as the new Executive Chairman to steer the company forward.
Maxwell Dee
Maxwell Dee
16 May 2025
The Reject Shop Limited has entered a recommended scheme of arrangement with Dollarama Inc., offering shareholders $6.68 cash per share, a substantial premium over recent trading prices. The Independent Expert deems the deal fair and reasonable, with a shareholder meeting set for June 23.
Logan Eniac
Logan Eniac
16 May 2025
Almonty Industries reported a sharp increase in net loss for Q1 2025 despite stable revenues, driven by significant non-cash charges on warrant and derivative liabilities. The company secured additional financing to support ongoing operations and project development.
Maxwell Dee
Maxwell Dee
16 May 2025
Mantle Minerals has secured a $65,000 co-funded drilling grant from the WA Government to advance its Mt Berghaus gold exploration in the Mallina Basin.
Maxwell Dee
Maxwell Dee
16 May 2025
Patagonia Lithium has reported outstanding Nuclear Magnetic Resonance survey results from its Formentera Lithium Brine Project, revealing high porosity and lithium concentrations that reinforce the site’s production potential.
Maxwell Dee
Maxwell Dee
16 May 2025
Korea National Oil Corporation is set to acquire a 29% stake in the Otway Basin joint venture with 3D Energi and ConocoPhillips, strengthening the exploration push for East Coast Australia’s gas supply.
Maxwell Dee
Maxwell Dee
16 May 2025
Resource Mining Corporation Limited (RMI) has responded to a sharp surge in its share price and trading volume, denying any undisclosed material information while pointing to ongoing copper-gold exploration activities at its Mpanda Project in Tanzania.
Maxwell Dee
Maxwell Dee
16 May 2025
Kaiser Reef Ltd has completed its acquisition of the Henty Gold Mine, instantly boosting its annual gold production to over 30,000 ounces and setting a clear path to 50,000 ounces. The deal also brings significant infrastructure, a skilled workforce, and strategic partnerships that could reshape the company’s growth trajectory.
Maxwell Dee
Maxwell Dee
16 May 2025
Legacy Minerals Holdings has raised A$7.75 million through a strongly supported equity placement to accelerate drilling and exploration at its key Drake and Thomson projects in New South Wales.
Maxwell Dee
Maxwell Dee
16 May 2025
Great Divide Mining is poised to restart operations at its Challenger Gold Mine in Adelong, NSW, marking a pivotal shift from exploration to production with first gold expected imminently.
Maxwell Dee
Maxwell Dee
16 May 2025