Latest Mining Exploration News

Kula Gold has reported promising drilling outcomes at Mt Palmer and Mustang prospects, earned an 80% stake in Mt Palmer, and raised $1.39 million through a recent entitlement offer.

Corella Resources has successfully completed a fully underwritten rights issue raising $935,487, positioning the company to advance exploration at its Tampu Project and consider new opportunities.

Ausmon Resources advances its rare earth and base metals exploration with new drilling approvals in South Australia and promising zinc assay results near Broken Hill, underpinning its strategic focus on high-value mineral targets.

DMC Mining Group reported a modest cash outflow for the March quarter while securing a key loan facility variation and progressing a $6 million capital raising to support ongoing operations.

Manhattan Corporation reports strong exploration progress at its Tibooburra Gold and Chebogue Lithium projects, backed by a solid cash position and no debt.

EMU NL's latest quarterly report reveals promising copper exploration parallels with Canada’s Highland Valley mine and renewed gold project interest, alongside significant management changes and a pending shareholder showdown.

Aguia Resources reported a challenging Q1 2025 cash flow, ending the quarter with just AUD 1.2 million in cash and less than half a quarter of funding available. The board remains confident in raising capital to sustain mining and exploration activities at Santa Barbara Mine.

Sabre Resources advances exploration across uranium, nickel, lithium, and gold projects while securing a $1.6 million sale of its Ninghan Gold Project to Capricorn Metals.

Moho Resources has finalized the sale of its Empress Springs Project with revised payment terms, while progressing a promising soil sampling program at its Silver Swan gold project. The company remains focused on portfolio optimization and shareholder value.

Rubix Resources Limited has advanced its exploration agenda with a $275,000 grant awarded to test the chargeability anomaly at its Grunter prospect, part of the Paperbark project. The company reported a solid cash position of $1.46 million at the end of March 2025, underpinning ongoing activities across multiple projects.

Dragon Mountain Gold Limited reports steady progress in refining exploration targets at its Avalon and Cawse Projects while evaluating new acquisitions, despite a modest cash balance of $212,000.

Javelin Minerals has reported multiple high-grade gold and copper intersections from its maiden drilling at the Coogee Project near Kalgoorlie, while initiating a significant drilling campaign at its Eureka Gold Project targeting resource extensions and near-term production potential.