Latest Exploration News

Gumtree Australia Markets Limited has agreed to sell its Capital Markets Business to ADVFN Limited for $6.8 million, streamlining its focus and reducing debt significantly.

Zinc of Ireland NL’s maiden drilling at Mt Clere has intersected sulphide zones consistent with SEDEX-style mineralisation, highlighting promising base metal potential at the Robin 21 anomaly. Two diamond drill holes totaling over 1,100 metres reveal encouraging geological signatures ahead of detailed assays.

WA1 Resources has announced a substantial upgrade to its Luni niobium deposit with a significant Indicated Mineral Resource Estimate and successful ferroniobium production testwork, positioning the West Arunta Project as a key player in the critical minerals sector.

Adavale Resources has secured approval for a 10-hole drilling program at its London Victoria Mine, aiming to expand its gold resource and explore high-grade vein structures. This marks the first systematic drilling at the site in over three decades.

Black Canyon Limited’s Phase 2 drilling at the Wandanya Project confirms extensive high-grade manganese and iron mineralisation, revealing significant scale and promising exploration upside.

Aquirian Limited has secured $5 million in fresh capital to upgrade its Wubin emulsion facility and accelerate commercialization of its innovative Collar Keeper® technology, alongside a new $1.5 million tolling contract.

Antipa Minerals reports significant new high-grade gold-copper mineralisation at its Minyari Gold-Copper Project in Western Australia, with early assay results confirming resource growth and new discoveries.

Golden State Mining has significantly increased its exploration ground in the Pilbara’s Mallina Basin, setting the stage for a substantial air-core drilling campaign targeting promising gold mineralisation.

Dalrymple Bay Infrastructure Limited (DBI) reports robust FY-24 results, underpinned by stable take-or-pay contracts and a $366 million capital program, while advancing its 8X capacity expansion project.

Critical Resources Limited has completed a $500,000 capital raising and finalized the acquisition of the Amoco Antimony-Gold Project, expanding its footprint in the New England fold belt.

Inventis Limited has placed its commercial furniture division into voluntary administration, triggering a default event with its lender and prompting negotiations on financial restructuring.

GBM Resources has completed the first tranche of its capital raising, issuing nearly 245 million shares at $0.006 each, while the second tranche and additional securities await shareholder approval.