Latest Exploration Activity News

First Au Limited has successfully completed a two-tranche placement raising $1.56 million to fund its acquisition of the Nimba Gold Project and ongoing exploration activities.

Fortescue has approved a $3 million exploration budget for Strategic Energy Resources’ Canobie Project, setting the stage for a significant diamond drilling campaign targeting copper-gold mineralisation in northwest Queensland.

Flynn Gold has announced a significant high-grade gold discovery at its Double Event Prospect within the Golden Ridge Project in Northeast Tasmania, revealing multiple quartz-sulphide veins over a 275-metre strike length. The company has secured drilling approval and plans further trenching to explore extensions.

Forrestania Resources has secured gold rights over key tenements adjacent to its Ada Ann project, enhancing its exploration potential in Western Australia’s Bonnie Vale region.

Peak Minerals confirms a vast, high-grade rutile system at its Minta Rutile Project in Cameroon, with every drill hole intersecting heavy minerals and plans underway for a maiden resource estimate.

Loyal Metals has partnered with VRIFY to deploy AI-driven technology at its Highway Reward Copper-Gold Mine, aiming to accelerate drilling and uncover hidden mineralisation with unprecedented speed and precision.

AJ Lucas Group’s UK arm Cuadrilla Resources has settled a long-standing dispute over shale gas licences, receiving £12.5 million and terminating the carry agreement. This resolution clears a financial uncertainty clouding the company’s UK operations.

Askari Metals has confirmed the legal validity of its Nejo Gold and Copper Project licences in Ethiopia, paving the way for a comprehensive exploration campaign in a highly prospective mineral region.

Helix Resources Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.68 million, partially underwritten by Mahe Capital, aiming to fund key drilling and resource estimation projects.

Litchfield Minerals Limited has launched a $1.5 million capital raising to fast-track exploration at its Northern Territory copper-zinc projects, including the advanced Oonagalabi asset. Recent drilling and geophysical surveys highlight promising mineralisation and near-term growth potential.

Power Minerals Limited is set to acquire the Santa Anna Niobium-REE-Gallium Project in Brazil following successful due diligence that confirmed significant mineralisation and expansion potential.

Astral Resources has reported exceptional high-grade gold assay results within the pit shell at its Kamperman deposit, bolstering the Mandilla Pre-Feasibility Study and highlighting growth potential across its Feysville Gold Project.