Latest Exploration News

QMines Limited reports a 42% increase in Indicated resources at Develin Creek following maiden drilling, completes a $4 million capital raise, and moves to acquire the Mount Mackenzie gold-silver project, signaling a strategic expansion in Queensland.

Western Mines Group has reported a landmark Mineral Resource Estimate for its Mulga Tank project, defining the largest nickel sulphide deposit in Australia with over 5.3 million tonnes of contained nickel. The resource remains open for expansion, supported by ongoing metallurgical testing and government-backed drilling funding.

Patrys Limited advances its PAT-DX3 therapy development for inflammatory diseases while navigating cash flow challenges and pursuing partnerships to sustain operations.

Sunstone Metals Limited reports maiden resource estimates and exploration targets for its Ecuador copper-gold projects, while progressing multiple corporate partnership discussions to unlock value.

American West Metals has unveiled a positive Preliminary Economic Analysis for its Storm Copper Project in Canada, outlining a low-cost, 10-year production plan with strong financial returns. The company also secured a strategic funding and offtake partnership with Ocean Partners, while advancing its critical minerals projects in the US.

EV Resources Limited advances its position in the critical antimony market with a 70% stake acquisition in Mexico’s Los Lirios project and full ownership of Utah’s historic Coyote Creek claims, setting the stage for exploration and development.

Blue Star Helium has reported strong flow test results from its Bubba State 3 well in Lincoln County, Colorado, confirming helium concentrations around 2.01% and robust production rates that support further development.

Red Metal Limited's March 2025 quarterly report reveals robust progress across its rare earth and base metals projects, underpinned by promising drilling results and supportive government funding.

Golden Mile Resources is set to commence its maiden drilling program at the Pearl Copper Project in Arizona, following significant gold and silver assays at the newly identified Aurora Prospect. The company has secured key federal permits, marking a pivotal step in its US exploration campaign.

Odyssey Gold Limited has made significant strides in its Tuckanarra Gold Project during the March 2025 quarter, completing a regional airborne electromagnetic survey and signing a joint venture Memorandum of Understanding for ore processing. The company also initiated a technical study and appointed Matthew Syme as Executive Director.

Sunshine Metals reported a cash outflow for the March quarter driven by exploration activities but has bolstered its balance sheet with a $3 million placement, positioning itself for continued project development.

Sunshine Metals has made significant progress at its Ravenswood Consolidated Project with encouraging drilling results on shallow oxide gold targets and new gold-copper prospects, supported by a $3 million placement to fund further exploration.