Latest Exploration News

Orbminco Limited has defined significant new drill targets at its Bronze Fox Copper-Gold Project in Southern Mongolia, following promising trench sampling results and geophysical surveys. The company is gearing up for an expanded drilling campaign in mid-2025 to explore these high-potential zones.

Polymetals Resources Ltd has temporarily paused trading of its securities, signaling an imminent announcement that could reshape investor expectations.

Micro-X Ltd has announced a $6 million capital raising alongside a $2.4 million strategic investment from Billion Prima, underpinning its pivot towards medical imaging and cashflow stability.

Garda Property Group has reaffirmed its FY25 income return at 7.2 cents per security and upgraded its distribution payout ratio to 95% of FFO. The group plans to sell its North Lakes industrial site for $114 million and is marketing its Cairns Corporate Tower, aiming to reduce gearing and reposition as a focused industrial REIT.

Aspermont reports its 34th consecutive quarter of subscription growth, with Annual Recurring Revenue rising to $11.4 million and promising new revenue streams emerging in advertising and live events.

Carnaby Resources has completed the settlement of Tranche 2 of its recent share placement, issuing 13.5 million new shares to raise approximately $4.2 million, including participation from its board members.

Terra Uranium has laid out a comprehensive 2025 exploration strategy targeting multiple projects in the Athabasca Basin, leveraging partnerships and advanced geophysics to accelerate uranium discovery efforts.

Aurumin Limited has initiated a 2,000m drilling campaign at its Central Sandstone Project targeting high-grade iron ore, advancing a potential $7 million joint venture with Newcam Mineral Pty Ltd. This move aims to unlock significant value from a promising iron ore district with grades up to 67% Fe.

Narryer Metals reports significant high-grade heavy mineral concentrations over an 8km strike at the Muckanippie Titanium Project, highlighting promising potential for a major deposit.

Strata Minerals has initiated on-ground exploration at its Biranup Gold Project in Western Australia, focusing on high-priority targets like Black Dragon and Red Dragon following a strategic review. The project’s proximity to the Tropicana Gold Mine adds strategic significance to these early-stage efforts.

Blackstone Minerals is set to merge with IDM International, combining expertise and local presence to advance exploration of the world-class Mankayan copper-gold porphyry project in the Philippines.

Arizona Lithium has unveiled a detailed, phased development plan for its Prairie Lithium Project, aiming to become North America’s first commercial lithium brine producer. The company targets initial production in 2025 with a modest capital outlay and scalable expansion strategy.