Latest Regional Exploration News

Andean Silver Limited has raised A$30 million through a placement and aims to raise an additional A$3 million via a Share Purchase Plan to fund accelerated drilling and development at its Cerro Bayo Silver-Gold Project in Chile.

Askari Metals has raised $1.15 million to fund its first drilling campaign at the Nejo Gold and Copper Project in Ethiopia and to advance exploration at its Uis Project in Namibia. The placement, supported by new and existing sophisticated investors including company directors, positions Askari to accelerate its African exploration strategy.

Forrestania Resources has lodged a replacement bidder's statement for its off-market takeover offer of Kula Gold, offering 1 Forrestania share for every 5.6 Kula shares. The Kula board unanimously recommends acceptance, highlighting strategic benefits and operational synergies.

Pacgold has finalized its acquisition of the White Dam Gold Operation in South Australia, setting the stage for a near-term production restart with modest capital investment. The move complements its Queensland projects and offers a clear path to cash flow.

Polymetals Resources has raised $34.4 million through a share placement to boost exploration and production at its Endeavor Silver Zinc Mine, attracting strong institutional demand.

Asian Battery Metals confirms a significant 30% strike extension of sulphide mineralisation at its Oval Cu-Ni-PGE project in Mongolia, supported by new drillhole visuals and assay results. The company advances plans for deeper drilling and regional exploration to build a critical metals cluster.

Zuleika Gold Limited has nearly doubled the mineral resource at its Credo Well Gold Project to 22,500 ounces, with mining lease applications underway and detailed mining studies planned for next year.

FireFly Metals has announced a significant upgrade to its Green Bay Copper-Gold Project resource, alongside a A$139.5 million equity raise to fund ongoing drilling and development. The company is poised for rapid growth in a tier-one mining jurisdiction with strong infrastructure and exploration upside.

FireFly Metals has successfully raised over C$30 million through a Canadian bought deal and approximately A$106.5 million via an Australian equity raise to fund key development and exploration at its Green Bay Copper-Gold Project in Newfoundland.

Greenvale Energy has completed a significant trenching program at its Oasis Uranium Project, revealing promising new extensional opportunities and a potential second mineralised structure. Assay results are pending, setting the stage for expanded exploration.

Golden Horse Minerals reports promising initial assay results from its maiden regional drilling program, revealing multiple shallow high-grade gold intercepts along a +300m strike at the Marionete-Star of Ennuin trend in Western Australia.

True North Copper has extended the Aquila Discovery at its Mt Oxide Project to over 900 metres of strike, revealing multiple high-grade copper-cobalt-silver zones. The company plans further drilling in 2026 to explore these promising extensions and additional targets.