Latest Exploration Activity News

Equinox Resources has successfully completed the first tranche of its $3.5 million capital raise, issuing nearly 31 million shares at 9.5 cents each. The second tranche, involving additional shares and options, is pending shareholder approval.

Black Dragon Gold Corp. reported a Q1 2025 net loss of CAD 377,262 while advancing its Salave Gold Project in Spain, navigating permitting challenges and legal disputes over land re-zoning. The company also progressed exploration and asset sales in Australia, maintaining a cautious outlook on financing.

Culpeo Minerals has secured A$3.02 million through a placement to fund extensive drilling at its promising copper projects in Chile, targeting high-grade zones that could reshape its resource profile.

Tempest Minerals Limited has announced a non-renounceable rights issue to raise approximately $1.47 million, aimed at funding exploration at its Yalgoo iron ore project and other assets. The offer includes free-attaching options and carries a potential dilution of up to 33% for non-participating shareholders.

High-Tech Metals Limited has announced a $1 million pro-rata entitlement issue, offering shares at $0.15 each alongside free listed options, aiming to fund exploration at its Mt Fisher - Mt Eureka Project and strengthen working capital.

Aeris Resources has refinanced its environmental bonding and term debt facilities with Washington H. Soul Pattinson, boosting liquidity and extending debt maturity to support growth projects.

Minerals 260 Limited has secured an option agreement for 26 tenements near its Bullabulling Gold Project, expanding its regional footprint to approximately 570 square kilometres and reinforcing its exploration ambitions in Western Australia’s Eastern Goldfields.

Locksley Resources has submitted a drilling permit application for its Mojave Antimony and Rare Earths Project in California, revealing exceptional assay results and positioning itself to benefit from new U.S. regulatory support aimed at accelerating critical mineral projects.

James Bay Minerals has significantly increased its land position adjacent to its Independence Gold Project in Nevada, enhancing its exploration and development potential in a prolific mining district.

Tivan Limited has responded to ASX inquiries about a social media post by its executive chair concerning fluorite exploration, affirming compliance with disclosure rules and pending assay results.

Western Yilgarn Limited has successfully closed its non-renounceable Entitlement and Priority Option Offers, raising nearly A$54,000 through the issue of new options to shareholders.

Adavale Resources (ASX:ADD) advances its Parkes Project in NSW’s Lachlan Fold Belt with a maiden JORC resource at London-Victoria and promising copper-gold targets at Ashes and Myalls. The company is gearing up for a maiden drilling campaign in Q2 2025.