Latest Exploration Activity News

Kincora Copper Limited reports a strategic pivot to a project generator model, unlocking over A$110 million in partner funding and advancing multiple copper-gold exploration projects across Australia and Mongolia.

Emu NL has raised $300,000 through a placement of 17.6 million shares priced at 1.7 cents each, aiming to fund its exploration projects and support working capital needs.

Burley Minerals has successfully closed a significantly oversubscribed entitlement offer, raising more than $1.1 million to advance its iron ore and lithium projects in Australia and Canada.

Patriot Resources is set to begin a 6,250-metre reverse circulation drilling program at its Katwaro copper-gold project in Zambia, aiming to extend high-grade mineralisation along an 8km strike. The campaign targets promising zones identified in previous sampling and mapping.

RareX Limited has successfully raised A$2.7 million through a share placement, attracting strong institutional support to advance its rare earths exploration projects in Australia and Kenya.

Estrella Resources has upgraded four reconnaissance permits to exploration licenses in Timor-Leste, significantly enlarging its landholding and enabling advanced exploration activities targeting manganese and limestone deposits.

Tartana Minerals has raised $1.55 million through a director-led unsecured loan facility and appointed Dr Alistair Lewis as its new Chairman, signaling a strategic push in exploration and project advancement.

MRG Metals has been granted the Linhuane Heavy Mineral Sands licence in Mozambique, revealing promising historical drilling results with high total heavy mineral grades. This licence enhances MRG’s portfolio and sets the stage for potential early development.

Indiana Resources has launched a significant drilling program at its Minos gold deposit in South Australia, aiming to expand high-grade gold zones ahead of a maiden resource estimate.

Asra Minerals has executed a binding agreement to acquire the remaining 49% interest in the Mt Cutmore prospects, consolidating full ownership of a significant gold resource within the prolific Leonora North Gold Project.

Sipa Resources has integrated a detailed historical heli-magnetic survey with regional data at its Tunkillia North gold project, revealing multiple structural targets within a large gold anomaly near Barton Gold’s 1.6 million-ounce deposit. The company is advancing environmental and heritage approvals ahead of planned drilling programs.

Sarama Resources Ltd reported a $673,644 net loss for Q1 2025, reflecting ongoing exploration costs and capital raises, while navigating arbitration funding with Burkina Faso authorities.