Latest Exploration Activity News

Prospect Resources reports significant progress at its Mumbezhi Copper Project, with Phase 2 drilling nearing completion and metallurgical tests confirming robust processing potential. Updated resource estimates are expected by late Q4 2025.

Ramelius Resources delivered a robust September quarter with strong gold production and cash flow, completing its transformative acquisition of Spartan Resources and advancing key exploration and feasibility studies.

Fortuna Metals has acquired two exploration licences in Malawi’s emerging rutile province, completed initial drilling programs, and appointed Tom Langley as CEO, positioning itself alongside a world-class deposit. The company also raised $2.1 million to fund ongoing exploration.

Krakatoa Resources has agreed to sell its non-core Belgravia Project in New South Wales for $350,000, redirecting capital to advance its strategic Zopkhito Antimony-Gold Project in Georgia, a critical minerals asset positioned to serve European markets.

Ragnar Metals has secured an exclusive option to acquire up to 75% of the Harnäs Gold Project in Sweden, a historically productive site with promising high-grade gold mineralisation. The company plans immediate exploration activities to unlock further value.

Lefroy Exploration has advanced its Lucky Strike Gold Deposit through robust drilling results and a $1.25 million cash advance from partner BML Ventures, positioning the company for imminent mining and further exploration.

Lefroy Exploration Limited reported a steady cash position for Q3 2025, supported by a significant financing advance and ongoing exploration investments.

Everest Metals Corporation Ltd reported a solid cash position of A$5.0 million at the end of Q3 2025, backed by a recent equity raise and ongoing exploration investments. The company’s funding runway now extends to nearly five quarters, offering a stable platform for its exploration activities.

Hamelin Gold Limited has secured a pivotal tenement in the Venus Gold Project and completed multiple drilling programs across Western Australia, reinforcing its exploration momentum with $3.6 million in cash reserves.

Pantoro Limited reported a challenging September quarter with production setbacks but maintains a robust balance sheet and strong growth momentum across its Norseman operations.

Magnetic Resources NL reported a strong cash position after raising $35 million in equity during the September quarter, ending with nearly $38 million in cash reserves.

Blackstone Minerals has secured $22.6 million to accelerate exploration at its Mankayan Copper-Gold Project in the Philippines, revealing promising high-grade surface mineralization and advancing community and regulatory approvals. The company also formed a strategic joint venture to develop its Ta Khoa Nickel Project in Vietnam, positioning itself in the growing battery metals market.