Latest Exploration News

Boss Energy has exceeded its FY25 production and cost targets at the Honeymoon Uranium Project, marking a major milestone of over 1 million pounds of uranium produced since commissioning. The company’s robust balance sheet and operational ramp-up position it well for growth amid a strengthening uranium market.

D3 Energy has achieved a significant milestone with maiden reserve certification for its South African ER315 permit, alongside a 32% boost in gas flow rates and strategic expansions into Australia and South Africa.

Global Lithium Resources has made significant progress on its Manna Lithium Project, advancing its Definitive Feasibility Study and securing a key variation to its offtake agreement with Canmax. The company also reported a substantial reduction in its cash burn rate, maintaining a strong cash position.

Viridis Mining and Minerals has locked in a strategic US$30 million equity funding partnership with leading Brazilian asset managers to accelerate its Colossus Rare Earth Project towards production.

Torque Metals has initiated diamond drilling at its Paris Gold Project to extend promising high-grade gold mineralisation, leveraging government co-funding and advanced geophysical targeting.

OD6 Metals has reported strong high-grade copper results from its maiden drilling at Gulf Creek, NSW, alongside progress in rare earth metallurgical testing and closure of a regulatory investigation.

Nova Minerals supports the permit application for the West Susitna Access Road, a vital infrastructure project set to enhance mining access and economic growth in Alaska’s resource-rich region.

Stanmore Resources has reported a robust recovery in its June quarter operations with increased coal production, zero serious safety incidents, and positive cash flow, despite challenging weather conditions. The company maintains its full-year production guidance, signaling resilience amid market uncertainties.

Develop Global Limited has marked a pivotal quarter with initial concentrate shipments from its Woodlawn Copper-Zinc Mine, the commencement of earthworks at Sulphur Springs, and a substantial A$180 million capital raise to fuel an aggressive growth strategy.

Develop Global Limited reported a $11.4 million operating cash outflow for the June quarter but maintains a strong funding position with $115 million available, supporting an estimated nine quarters of operations.

Sunrise Energy Metals has revealed fresh assay results from its latest drilling campaign at the Syerston scandium deposit, confirming expanded zones of high-grade mineralisation. These findings bolster the company’s resource base ahead of an updated feasibility study.

Infini Resources has refined its exploration model at Portland Creek, identifying twelve priority drill targets linked to East-West fault systems. A flexible Phase 2 drilling program is set to commence in Q3 2025 to test for high-grade uranium mineralisation.