Latest Exploration News

St Barbara Limited is set to exchange its Patronus Resources shares for a significant stake in Geopacific Resources, aligning with its active portfolio management strategy and deepening ties to Papua New Guinea mining projects.

St Barbara Limited reports significant extensions of gold anomalies on Southwest Tatau Island, PNG, with rock chip samples hitting up to 22.5 ppm gold and soil anomalies now spanning 7.3 square kilometres, rivaling nearby Simberi Island.

Magmatic Resources reports promising drilling results at the Calais prospect within its Myall Project JV with Fortescue, hinting at a significant new copper-gold porphyry discovery. Further drilling is planned to refine the geological model and explore the system’s potential.

GreenTech Metals has retracted previous valuation statements on its Whundo Project, updating resource estimates to include significant gold assays that enhance the project's economic outlook.

Lithium Energy Limited has staked a significant 6,150 hectares of mineral claims in Utah, targeting lithium brine mineralisation as part of its strategic growth and ASX reinstatement plans.

Scorpion Minerals has completed key pre-drilling exploration at its Pharos Gold Project in WA’s Murchison region and is set to begin a targeted RC drilling campaign testing multiple high-grade gold zones.

Eagle Mountain Mining announces the resignation of its founding Managing Director Charlie Bass, marking a significant leadership transition as new directors join the board.

Marvel Gold Limited has signed a binding agreement to sell its Mali gold assets to Anchises Capital for AUD 1.65 million, marking a strategic shift towards new growth opportunities in Tanzania.

Toys’R’Us ANZ Limited has appointed voluntary administrators after abandoning its recapitalisation efforts, with ASX trading suspended immediately. The company aims to explore restructuring or sale options while maintaining operations.

Godolphin Resources has partnered with Canadian explorer Great Plains Metals to advance its Yeoval and Goodrich copper-gold projects through a staged earn-in and joint venture agreement.

Coronado Global Resources is in confidential talks with Stanwell Limited about revising coal supply agreements and securing a potential $150 million loan to bolster liquidity. While discussions are ongoing, no deal has been finalized.

FireFly Metals has secured C$25.8 million through a Canadian bought deal and an A$46 million Australian equity raise to fund expansion and exploration at its Green Bay Copper-Gold Project in Newfoundland.