Latest Exploration News

Vault Minerals reports a 31% increase in gold Ore Reserves to 4 million ounces and a 3% rise in Mineral Resources to 12.2 million ounces as of June 2025, driven by strong growth at Leonora, Sugar Zone, and Mount Monger.

Centaurus Metals has successfully raised $3.1 million through a Share Purchase Plan, complementing a recent $20 million placement to fund the development of its flagship Jaguar Nickel Sulphide Project in Brazil.

BPM Minerals has secured a Heritage Agreement with traditional owners at its Forelands Gold Project, clearing the way for a maiden drilling program targeting high-grade gold prospects. The company’s strengthened balance sheet and expert team set the stage for a promising exploration phase.

Nordic Resources has identified compelling new exploration targets at its Kopsa Gold-Copper Project in Finland through a detailed ground magnetic survey, with drilling underway to test these promising zones.

Wildcat Resources has confirmed high-grade spodumene lithium mineralisation at its Bolt Cutter Central project near Tabba Tabba, with diamond drilling revealing multiple stacked pegmatite intercepts. Further drilling is planned to expand this promising greenfields discovery.

Neometals has completed the sale of its lithium-ion battery recycling business, securing over A$10 million in cash and refocusing on its core mining and processing projects.

Bastion Minerals has appointed seasoned geologist Ray Muskett to its board and secured shareholder approval to issue up to 750 million new shares, positioning the company for an accelerated exploration phase.

Talisman Mining’s recent drilling at the Walkers Hill Project in NSW reveals extensive shallow gold mineralisation, validating a major geophysical anomaly and setting the stage for expanded exploration.

OZZ Resources Limited has provided a detailed update to ASX on its prolonged voluntary suspension, citing procedural delays in Zimbabwe and a pending joint venture at its Maguires Reward Project. The company outlines exploration activities, expenditure, and plans to resume trading.

Benz Mining Corp reported a CAD 3.58 million net loss for Q1 2025, driven by ramped-up exploration at its newly acquired Western Australian gold projects. The company bolstered its cash position with a CAD 27 million private placement post-period, aiming to fuel further resource growth.

Tolu Minerals Limited reported a $6.7 million loss for the half-year to June 2025, doubling last year’s deficit as it invests heavily in refurbishing the Tolukuma Gold Mine and expanding exploration. A recent $27.25 million capital raise aims to fund these ambitious development plans.

Highfield Resources clarifies its financial position amid funding uncertainties, confirming ongoing talks with major investors and a standstill on matured convertible notes. The company maintains its commitment to the Muga Potash Project despite setbacks.