Latest Exploration News

Bastion Minerals Limited has announced a non-renounceable pro-rata rights issue to raise approximately $677,721 at a 50% discount to the last trading price. The funds will support ongoing project evaluation and working capital needs.

Lakes Blue Energy NL has secured $6.5 million through a fully underwritten placement to fund drilling at its Wombat Gas Field in Victoria, aiming to address looming gas supply shortages on Australia's east coast.

Bastion Minerals Limited (ASX, BMO) has announced a non-renounceable entitlement offer to raise approximately $677,721 by issuing new shares at a low price of $0.001 each. The capital raise aims to support ongoing project evaluations and working capital needs.

FireFly Metals has filed a final prospectus for a C$25.7 million bought deal offering as part of a broader A$71 million equity raise to advance its high-grade copper-gold projects in Canada. The capital raise includes institutional placements, a charity flow-through placement, and a share purchase plan.

Top End Energy updates its Northern Territory exploration strategy amid record gas flow tests in the Beetaloo Basin, signaling a shift from appraisal to development.

True North Copper’s latest drilling campaign at the Great Australia Mine reveals promising new copper-gold-cobalt mineralisation zones beyond existing resources, signaling potential for resource expansion and mine life extension.

Patronus Resources has discovered a new high-grade gold shoot at its Merlin Prospect within the Mertondale East Shear Zone, reinforcing the growth trajectory of its Cardinia Gold Project in Western Australia.

Canterbury Resources is set to drill a 900m deep hole at its Briggs copper project, testing a high-priority geophysical target that could reveal richer copper zones. Supported by a government grant, this move coincides with a scoping study aiming to unlock one of Australia’s largest undeveloped copper deposits.

Aurelia Metals has reported exceptional high-grade base metal intersections at its Federation West and Nymagee deposits, revealing new mineralisation lenses and promising targets for future exploration.

Strickland Metals reports robust drilling results at its Shanac Deposit in Serbia’s Rogozna Project, confirming and expanding high-grade gold and base metals mineralisation. The company’s well-funded exploration program continues to advance with multiple rigs active and assays pending.

Provaris Energy and Yinson have completed the design of a groundbreaking large-scale liquid CO2 tank for maritime use and are forming a joint venture to commercialize this innovation, aiming to scale carbon capture supply chains and reduce costs.

Brightstar Resources is advancing underground development at its Fish Mine on schedule, aiming for first ore stoping in the September quarter while launching drilling programs to extend mine life and upgrade resources.