Latest Iron Ore Exploration News

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Equatorial Resources has completed the final hearing in its high-stakes arbitration against the Republic of Congo and is pursuing clarity on permit cancellations in Guinea, all while maintaining a solid cash reserve.
Maxwell Dee
Maxwell Dee
29 Jan 2026
Gullewa Limited reported a robust cash flow position for the December 2025 quarter, driven by a significant equity financing that bolstered its cash reserves to over A$9 million. The company continues to invest in its iron ore exploration projects while maintaining operational cash flow positivity.
Maxwell Dee
Maxwell Dee
28 Jan 2026
Peregrine Gold Limited has identified a second large-scale high-grade Channel Iron Deposit, Carneys CID, at its Newman project, with surface samples averaging 55% iron. The discovery expands the potential resource base and sets the stage for upcoming drilling programs.
Maxwell Dee
Maxwell Dee
26 Nov 2025
AusQuest Limited has identified three additional high-grade magnetite prospects at its Morrisey Project in Western Australia, with premium iron grades exceeding 70% Fe and promising recovery rates. These findings enhance the project's commercial appeal as it advances under a strategic alliance with South32.
Maxwell Dee
Maxwell Dee
17 Nov 2025
Equatorial Resources reports a postponed arbitration hearing over Congo iron ore disputes and seeks clarity on Guinea permit cancellations, while maintaining a solid cash reserve.
Maxwell Dee
Maxwell Dee
29 Oct 2025
Pearl Gull Iron Limited has entered a binding agreement to sell its Cockatoo Island Project for A$4.5 million in cash, a 4% equity interest in Crestlink Pty Ltd, and royalties on extracted materials, with completion expected in Q4 2025.
Maxwell Dee
Maxwell Dee
27 Oct 2025
CZR Resources has completed a $75 million cash sale of its Robe Mesa iron ore asset, leaving it debt-free and well-funded for aggressive exploration. The company is gearing up for drilling programs across its gold, copper-zinc-silver, and iron ore projects in Western Australia.
Maxwell Dee
Maxwell Dee
17 Sept 2025
Pearl Gull Iron Limited has agreed to sell its Cockatoo Island Project for A$4.5 million in cash, a 4% equity stake in Crestlink Pty Ltd, and ongoing royalties, marking a strategic shift as it seeks new growth opportunities.
Maxwell Dee
Maxwell Dee
4 Sept 2025
Peregrine Gold has identified a promising new Channel Iron Deposit target near its recent Coopers CID North discovery, with high-grade iron ore samples and plans for imminent exploration.
Maxwell Dee
Maxwell Dee
18 Aug 2025
Macro Metals Limited has successfully raised A$2 million through a share placement, positioning itself to accelerate exploration and expand its mining services operations.
Maxwell Dee
Maxwell Dee
5 Aug 2025
Tempest Minerals has identified a substantial new iron target, the Halo Prospect, near its Remorse magnetite deposit at Yalgoo. Historic samples show iron grades up to 62%, with promising magnetite and haematite mineralisation.
Maxwell Dee
Maxwell Dee
1 Aug 2025
Riversgold Ltd advances its Kalgoorlie East gold project with new drilling approvals and strong metallurgical recoveries, while Canadian exploration yields impressive copper and antimony assays.
Maxwell Dee
Maxwell Dee
31 July 2025