Latest Exploration News

Ausgold Limited has reported promising assay results from 32 drill holes across four regional prospects near its Katanning Gold Project, revealing broad and high-grade gold mineralisation that could underpin a network of satellite deposits.

Patronus Resources has confirmed the down-plunge continuation of high-grade gold mineralisation at its Koi Exploration Target within the Cardinia Gold Project, supporting a substantial Exploration Target and reinforcing growth potential below the Mertondale 3-4 deposit.

Encounter Resources has announced its maiden inferred niobium mineral resource estimate at the Aileron project in Western Australia, marking a significant step in developing a critical minerals hub in the West Arunta region.

Indiana Resources has launched a significant drilling program at its Minos gold deposit in South Australia, aiming to expand high-grade gold zones ahead of a maiden resource estimate.

Asra Minerals has executed a binding agreement to acquire the remaining 49% interest in the Mt Cutmore prospects, consolidating full ownership of a significant gold resource within the prolific Leonora North Gold Project.

Sipa Resources has integrated a detailed historical heli-magnetic survey with regional data at its Tunkillia North gold project, revealing multiple structural targets within a large gold anomaly near Barton Gold’s 1.6 million-ounce deposit. The company is advancing environmental and heritage approvals ahead of planned drilling programs.

Sarama Resources reported a $673,644 net loss in Q1 2025 while progressing exploration in Western Australia and initiating a $120 million arbitration over a disputed Burkina Faso permit withdrawal.

Sarama Resources Ltd reported a $673,644 net loss for Q1 2025, reflecting ongoing exploration costs and capital raises, while navigating arbitration funding with Burkina Faso authorities.

Peak Rare Earths Limited has voluntarily suspended trading of its shares pending a significant announcement on potential corporate and capital raising transactions expected by 16 May 2025.

Infinity Mining Limited has successfully closed a pro-rata entitlement issue, raising over $280,000 through new options set to be listed on the ASX next week.

Nimy Resources has clarified that no undisclosed information explains its recent share price jump, pointing instead to ongoing drilling and positive media coverage about a gallium discovery.

Patronus Resources has extended gold mineralisation at its Glencoe deposit in the Northern Territory through a recent drilling campaign, revealing multiple high-grade zones beyond the current resource boundaries.