Latest Exploration News

Warriedar Resources Limited (ASX, WA8) has moved closer to acquisition by Capricorn Metals Ltd (ASX, CMM) through a court-approved scheme offering Warriedar shareholders a significant premium. The transaction promises exposure to Capricorn's producing assets and diversification benefits.

Nelson Resources confirms robust high-grade gold mineralisation at its Yarri Project through re-assay results, reinforcing earlier findings and hinting at broader mineralisation beyond known host rocks.

Advance Metals Limited has responded to an ASX query clarifying its compliance with disclosure rules and marketing practices, while updating on its funding status and capital raise plans.

TMK Energy Limited has announced a significant security consolidation, merging every 55 existing securities into one, impacting shares, options, and performance rights with adjusted exercise prices.

Pure Resources has completed the acquisition of the Garnet Hills garnet project in Western Australia, marking a significant step towards developing one of the world’s few hard-rock garnet mines.

United Overseas Australia Ltd has completed its acquisition of a prime land parcel in Ho Chi Minh City, setting the stage for a major Grade A office development that aligns with Vietnam’s growing financial hub ambitions.

Manuka Resources has gained approval for a secondary listing on the New Zealand Stock Exchange, enhancing trading access for local shareholders and supporting its strategic growth in critical and precious metals projects across New Zealand and Australia.

Everest Metals Corporation Ltd has completed a $4 million capital raise through a share placement, issuing over 38 million new shares to sophisticated investors. The move, approved by shareholders, strengthens the company’s financial position without triggering additional disclosure requirements.

Enegex Limited has responded to ASX queries confirming the material impact of its acquisition of Famien Resources, related board changes, share consolidation, and a $5 million capital raising, while explaining the timing of disclosures and trading halt.

QMines Limited has raised $7.5 million through a strongly supported placement to accelerate exploration at its Mt Mackenzie, Mt Chalmers, and Develin Creek projects, positioning the company for growth in gold and base metals.

EV Resources Limited has acquired the high-grade Milton Canyon Antimony Project in Nevada, reinforcing its strategy to supply critical minerals to the U.S. market. This move complements its existing assets in Nevada and Mexico, aligning with U.S. government priorities for secure antimony sources.

Indiana Resources Limited has had its trading suspension lifted following the release of new exploration results and a response to an ASX price and volume query, signaling renewed market activity.