Latest Exploration News

Patagonia Lithium Ltd has announced a maiden JORC Inferred Mineral Resource Estimate of 3.8 million tonnes of Lithium Carbonate Equivalent at its Formentera Lithium Brine Project in Argentina, highlighting significant potential for resource upgrades through ongoing drilling and advanced extraction technology.

Saturn Metals reports strong assay results from its Apollo Hill Gold Project, reinforcing the deposit’s continuity and supporting its heap leach development strategy. An interim resource upgrade is imminent, with extensive drilling ongoing.

Cobalt Blue Holdings has completed a non-renounceable entitlement issue, raising just over half a million dollars but leaving a significant shortfall of shares unclaimed. The company now holds discretion to place these shortfall shares within three months.

Auris Minerals has been granted a retention licence for its Forrest and Wodger copper deposits, enabling a significant reduction in exploration commitments while maintaining strategic control over key assets.

ADX Energy has accepted the award of a significant gas exploration permit offshore Italy’s Sicily Channel, positioning itself to tap into a highly prospective area with proven gas presence and favorable fiscal terms.

Star Minerals secures shareholder approval for its Cobra Uranium Project in Namibia and prepares for maiden drilling, while progressing gold exploration in Western Australia amid a modest capital raise.

Kula Gold Limited has secured a 75% stake in Malawi’s Wozi Niobium Project, revealing promising historical niobium and tantalum mineralisation and setting sights on a maiden drilling program in Q2 2025.

Range International Limited delivered a standout Q4 2024 with record sales revenue from its Re>Pal Indonesia operations, alongside improved margins and positive cash flow, signaling a robust turnaround.

Marquee Resources has announced its inaugural Inferred Mineral Resource Estimate at the Redlings Rare-Earth Element Project, revealing 11 million tonnes at 1,130 ppm TREO and highlighting substantial upside potential through further drilling.

Eastern Resources Limited has reported promising preliminary metallurgical test results from its Lepidolite Hill Project, achieving an 80.5% recovery of lithia and producing a high-grade concentrate with low iron contamination.

Element 25 Limited has completed an updated feasibility study for its Butcherbird manganese project, targeting a 1.1 million tonnes per annum production over an 18.3-year mine life with robust economic returns and strategic ties to EV battery markets.

Matsa Resources has completed a 767m diamond drill hole at Fortitude North, designed to validate a novel seismic model indicating potential gold mineralisation. Early geological observations support the seismic data, setting the stage for further exploration.