Latest Exploration News

Mont Royal Resources is progressing its merger with Commerce Resources to create a dual-listed Canadian critical metals developer, combining rare earth and lithium assets in Quebec.

Pure Resources Limited has advanced its Reedy Creek Garnet Project through a strategic alliance with SSH Group Ltd, alongside board changes and promising metallurgical results that underpin commercial potential.

Alchemy Resources has made significant strides in its June quarter exploration, identifying major lithium targets at Karonie and acquiring full iron ore rights at Bryah, while advancing base metals exploration in NSW.

Asian Battery Metals has confirmed significant extensions of massive sulphide zones and high-grade mineralisation at its Oval Cu-Ni-PGE discovery in Mongolia, setting the stage for follow-up drilling and metallurgical testing in the coming quarter.

Zimplats reported a 14% rise in mined volumes and a 21% increase in final metal output year-on-year, alongside a 20% drop in cash costs per ounce, driven by operational gains and smelter expansion.

Albion Resources has kicked off its first reverse circulation drilling at the Yandal West Project, hitting gold in every hole at the Collavilla prospect, including a standout 11m at 20.0g/t Au. The company is well-funded and advancing exploration with promising early results.

Earth’s Energy Limited is deepening its assessment of key geothermal assets in South Australia and Queensland, balancing cautious expenditure with strategic evaluations that will shape its future development path.

First Au Limited has consolidated its flagship Victorian Goldfields Project with 100% ownership and is aggressively advancing its Nimba Gold Project in Liberia, supported by a $1.5 million capital raise and new drilling programs.

Mindax Limited strengthens its position in Western Australia's Mid-West iron ore sector with a strategic investment in Cashmere Iron and an option to acquire full ownership of the Mt Forrest project.

Mindax Limited reported a net cash outflow from operations of A$516,000 for the June quarter, ending with A$1.3 million in cash and recently secured an additional A$1.6 million through a share placement.

Caravel Minerals has secured a $15 million non-dilutive loan facility to fund the Definitive Feasibility Study for its Caravel Copper Project, alongside finalising a simplified process flowsheet and initiating key engineering tenders.

Dome Gold Mines reports delays in its Sigatoka desilting project due to local activist opposition, while progressing its feasibility study and securing key license renewals in Fiji.