Latest Resource Exploration News

Carawine Resources Limited’s shares have been suspended from trading following a Federal Court ruling that allows QGold Pty Ltd to compulsorily acquire all remaining shares it does not own.

Premier1 Lithium Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.84 million, alongside plans to rebrand as Erebus Resources Limited pending shareholder approval. The capital raise is partially underwritten and aims to fund exploration at key projects and support general working capital.

Summit Minerals Limited has announced a fully underwritten entitlement offer to raise approximately $1.08 million, aimed at advancing its Brazilian exploration projects and funding potential acquisitions. The offer, priced at $0.03 per share, is open to Australian and New Zealand shareholders and is expected to dilute non-participating shareholders by about 25%.

Nimy Resources has initiated a $2.5 million Share Purchase Plan offering eligible shareholders shares at a 15.28% discount, aiming to fund key resource projects and working capital.

Savannah Goldfields has secured crucial environmental approvals to restart gold production at its Georgetown Gold Project, with mining at Big Reef set to begin in October 2025. The company also received approval for a tailings storage facility expansion to support future processing.

Indiana Resources Limited has voluntarily suspended trading on the ASX pending a significant announcement related to exploration results and a regulatory price query response.

Lithium Energy Limited has completed a detailed Magnetotelluric survey at its White Plains project in Utah, revealing two promising aquifers that could host lithium brine mineralisation. This advancement sets the stage for targeted drilling and resource definition.

Estrella Resources has reported substantial high-grade supergene manganese intersections at its Ira Miri project in Timor-Leste, highlighting promising mineralisation near key infrastructure. Assay results are pending, but early visual estimates suggest significant resource potential.

My Foodie Box Limited has raised $500,000 through unsecured promissory notes to support its transformation into Tarrina Resources and relisting on the ASX as a resource exploration company.

Marvel Gold Limited has identified significant gold soil anomalies over a 3-kilometre stretch at its Hanang Gold Project in Tanzania, setting the stage for a maiden drilling campaign following a planned drone-borne magnetic survey.

Marquee Resources has announced its inaugural inferred mineral resource at Eastern Hills, revealing 6,800 tonnes of antimony equivalent metal and setting the stage for further exploration in a promising underexplored district.

Krakatoa Resources secures $3.1 million in a two-tranche placement to fund a major drilling campaign aimed at converting its Zopkhito Antimony-Gold Project’s foreign resource estimate into a JORC-compliant Mineral Resource.