Latest Exploration Funding News

Kula Gold reports exceptional gold drill results extending over a 3km strike at Mt Palmer, while Forrestania Resources' takeover bid climbs beyond 73%. The company also completes maiden drilling at its Wozi Niobium Project, with assay results pending.

Everest Metals Corporation has announced the issuance of $1.17 million in Junior Minerals Exploration Incentive tax credits to eligible shareholders following successful capital raisings in 2024-25. This move highlights the company’s ongoing commitment to exploration and shareholder value.

FireFly Metals has successfully raised approximately A$139 million through a multi-part equity raising, significantly bolstering its cash reserves to advance its flagship Green Bay Copper-Gold Project in Newfoundland. The company also closed its oversubscribed Share Purchase Plan early, reflecting strong investor demand.

Ora Banda Mining has reported significant new high-grade gold intercepts from drilling at its Sand King northern corridor, pointing to a potential expansion of its mining inventory and extended mine life.

Torque Metals has raised $16.2 million through a $15 million placement and early option exercises, setting the stage for an aggressive drilling campaign at its Paris Gold Project in Western Australia.

North Stawell Minerals has expanded its soil geochemistry program at the Darlington Prospect, revealing a significant 600-metre offset in gold mineralisation and reinforcing the potential for high-grade deposits along the Darlington-Caledonia trend.

Havilah Resources has struck a landmark agreement with Sandfire Resources to advance its Kalkaroo copper-gold project, backed by a $210 million staged investment and a strategic exploration alliance in South Australia’s Curnamona Province.

AusQuest and South32 have extended their Strategic Alliance Agreement for two more years, securing continued funding and collaboration on Australian copper and zinc projects. South32 will fund exploration to advance projects to drill-ready status and can earn up to 80% interest through staged investments.

MetalsGrove Mining has raised $2.7 million through an oversubscribed placement to kickstart exploration at its Central West Gold Project in Côte d’Ivoire, aiming to unlock value in a prolific gold belt.

Many Peaks Minerals has launched a substantial diamond and RC drilling campaign exceeding 15,000 metres at its Ferké Gold Project in Côte d'Ivoire, aiming to expand known mineralised zones and build on recent high-grade gold discoveries.

APC Minerals Limited has initiated a fully underwritten pro-rata renounceable entitlement offer to raise approximately $1.38 million at $0.004 per share, aiming to fund its exploration projects and working capital needs.

Tartana Minerals has postponed its planned drilling at the Beefwood copper-gold prospect in Far North Queensland due to persistent wet conditions, resulting in the loss of government funding and a rescheduled timeline for 2026.