Latest Exploration News

ADX Energy Ltd's December quarter cash flow report reveals a $1.18 million net cash decrease from operations, with $9.08 million cash on hand and ongoing financing adjustments.

ADX Energy reported steady production with 218 BOEPD and A$2.3 million revenue in Q4 2024, while progressing exploration in Austria and securing a new gas permit offshore Italy.

Carnavale Resources has reported significant drilling success at its Kookynie Gold Project, extending known high-grade gold lodes and discovering a new lode, Tiptoe, with promising mineralisation. The company is advancing exploration and development plans while divesting non-core assets to sharpen its focus on gold.

Octava Minerals reports significant progress in its Western Australian exploration projects, completing initial drilling at Yallalong and metallurgical drilling at Byro, supported by a $1.25 million capital raise and the strategic sale of its Talga Project.

New Murchison Gold Limited reports a significant 39% increase in indicated gold resources at its Crown Prince deposit and secures a strategic ore purchase deal with Westgold, setting the stage for mining to commence mid-2025.

Energy Transition Minerals Ltd renews focus on its Greenland rare earths project while navigating arbitration and legal challenges, alongside ongoing lithium exploration in Canada and Spain.

Mont Royal Resources Limited reported a stable cash position of $1.75 million at the end of December 2024, despite significant outflows on exploration activities during the quarter.

Lord Resources has secured an earn-in agreement for the Ilgarari Copper Project in Western Australia and commenced detailed gravity surveys, marking a significant step in its copper exploration strategy.

Mont Royal Resources confirms a continuous lithium mineralised zone at its Bohier Lithium Project in Quebec, highlighting promising exploration potential while stepping back from its Wapatik Gold-Copper option.

E79 Gold Mines Limited reported a $169,000 net cash outflow from operating activities for the December 2024 quarter, maintaining a solid cash balance of $1.46 million as it continues its exploration efforts.

E79 Gold Mines reports exceptional copper, gold, and bismuth assay results from its Mountain Home Project and gains Northern Territory government approval to commence drilling in 2025.

Hudson Investment Group signals potential corporate restructure as it explores sale and joint venture options for key Queensland and NSW properties.