Latest Exploration News

Jayride Group has appointed a new management team and raised $1.51 million to fund a major restructuring focused on halving operating costs and resolving supplier payment issues. Despite supply constraints, demand remains strong, positioning the company for a potential rebound.

Australian Oil Company Limited has completed a key pipeline acquisition in California’s Sacramento Basin, significantly boosting gas production from its Rio Vista wells and setting ambitious quarterly flow targets.

Noronex Limited reports promising copper and silver assay results from initial drilling at its Fiesta Copper Project in Namibia, while advancing diamond drilling and expanding exploration licences in Botswana. The company also strengthens its financial position through early option exercises and South32 earn-in funding.

Alara Resources reports steady copper-gold concentrate shipments from its Oman operations while unveiling promising exploration results at Block 8 and securing the Block 22B concession. The company navigates regulatory challenges with a halted rights issue and prepares for key developments in the coming quarter.

Lodestar Minerals has initiated its maiden RC drilling program at the high-grade Darwin IOCG project in Chile, supported by a $1.2 million capital raise, while preparing for a leadership transition with the Managing Director's upcoming resignation.

Tartana Minerals has made significant strides towards boosting copper output by signing a key agreement to process ore at the Mungana facility, securing a $10 million financing package, and winning a government grant for exploration drilling.

Theta Gold Mines reports significant progress in funding discussions, plant construction, and resource integration for its TGME gold project in South Africa during Q1 2025.

Riversgold Ltd has exercised its option to increase ownership to 80% in the Kalgoorlie East Northern Zone Gold Project, submitting a mining lease application while delivering significant shallow gold intercepts. Concurrently, its Saint John project in Canada reports high-grade copper, gold, silver, and antimony assays, with drilling approvals secured.

Aston Minerals Limited and Torque Metals Limited have announced a strategic merger to create a growth-focused gold exploration company with combined resources of approximately 1.75 million ounces across projects in Western Australia and Ontario, Canada.

Po Valley Energy delivered steady gas output from its Podere Maiar-1 well in Q1 2025 while progressing multi-well drilling applications and a 3D geophysical survey in Italy. The company maintains robust cashflow and a solid financial position as it awaits key regulatory approvals.

Koba Resources has reported a significant high-grade uranium discovery at its Everest Prospect within the Yarramba Uranium Project, with multiple drill intercepts exceeding 1,000ppm eU3O8 over a 4km strike. The company is advancing plans for Phase 2 drilling in Q3 2025 while divesting non-core assets to focus on its flagship project.

Conico Ltd reports ongoing negotiations to resolve a significant legal dispute in Greenland and outlines strategic updates for its Mt Thirsty battery metals project, alongside plans for a capital raise to support future growth.