Latest Exploration News

Audalia Resources has completed a $500,000 placement to a sophisticated investor, issuing 20 million shares to fund critical development stages at its Medcalf Project. The capital injection aims to advance mining design, permits, and approvals while bolstering working capital.

Alara Resources has dispatched its 25th shipment of copper concentrate from the Al Wash-hi Majaza mine in Oman, marking continued steady production and export activity amid evolving logistics.

Critical Resources Limited has initiated its first Reverse Circulation drilling program at the Amoco gold-antimony project in New South Wales, targeting a significant geochemical anomaly with promising high-grade surface samples. The results, expected by mid-November 2025, could unlock new value in a historically mineralized region.

Finder Energy is fast-tracking development of the Kuda Tasi and Jahal oil fields in Timor-Leste, backed by a transformational farmin deal with TIMOR GAP and a strategic alliance with SLB, targeting first oil by October 2025.

Orion Minerals is advancing its A$5 million capital raising through a placement to sophisticated investors, with results expected on 2 October 2025 alongside a resumption of share trading.

Prospech Ltd has successfully closed a fully subscribed $1.6 million rights issue, supplemented by a $546,750 follow-on placement, positioning the company to advance drilling and metallurgical programs in Finland and Slovakia.

Gold Mountain Limited has voluntarily suspended trading on the ASX pending an announcement that will update the issue price of a recent capital raising placement.

Noble Helium Limited remains suspended from trading as it works through legacy issues delaying its 2025 audited Annual Report. The company is collaborating closely with auditors to resolve outstanding matters and aims to lodge the report promptly.

Diablo Resources has secured $2 million to acquire the Star Range Silver-Antimony Project in Utah, aiming to capitalize on high-grade critical minerals amid growing U.S. strategic supply initiatives.

Pursuit Minerals is set to acquire a 100% stake in the high-grade Sascha Marcelina gold-silver project in Argentina’s prolific Deseado Massif, backed by a $4.04 million capital raise to fund aggressive exploration.

Evergreen Lithium has identified multiple compelling gold targets at its Mt Monger Gold Project, leveraging strong historic drilling and prime infrastructure to fast-track development plans.

Podium Minerals has announced a major metallurgical breakthrough with a new concentrator flowsheet achieving approximately 80% recovery of key platinum group metals, advancing its Parks Reef Project towards commercialisation.