Latest Exploration Projects News

Eastern Metals Limited is set to raise up to AUD 5 million through a public offer to fund its acquisition of Raptor Resources Limited, marking a significant shift in its business focus and a planned re-compliance with ASX listing rules.

Native Mineral Resources Holdings Limited reported a challenging quarter with negative operating cash flow but secured significant financing to support ongoing exploration activities. The company anticipates improved cash flow performance in coming months.

ActivEX Limited has completed a significant $800,000 share placement to True Creation Limited, aiming to strengthen its financial footing and advance exploration projects.

Tambourah Metals has validated its high-grade gold potential at Beatty Park South with 1m re-sampling assays confirming exceptional grades up to 169g/t Au, underpinning ongoing exploration plans.

Artemis Resources has formalised access to its Cassowary Copper-Gold Exploration Project in Western Australia, setting the stage for initial diamond drilling planned for December. The project targets a large, geologically significant intrusion with strong potential for copper-gold mineralisation.

Carnavale Resources has announced a fully underwritten entitlement issue to raise up to $4.09 million before costs, offering one new share for every four held plus free attaching shares. The capital raise precedes a proposed 15, 1 share consolidation subject to shareholder approval.

Ardiden Ltd’s trading suspension has been lifted following its announcement of a significant gold acquisition and a capital raising initiative, signaling a pivotal moment for the company’s growth strategy.

Uvre Limited has gained approval for a secondary listing on the New Zealand Stock Exchange, complementing its ASX listing and enhancing access to New Zealand investors. This move aligns with its expanding gold exploration projects across New Zealand.

Kaiser Reef announces a leadership transition as founder Jonathan Downes steps down, handing the reins to mining veteran Brad Valiukas. The move signals a new chapter for the profitable gold producer with strong assets in Victoria and Tasmania.

Kinetiko Energy's latest gas flow test at well 271-KA03PT06 in South Africa delivers record extended flow rates, significantly boosting the commercial outlook for its Brakfontein gas cluster.

Taiton Resources has completed a significant share placement, issuing over 13 million new shares to sophisticated investors and granting employee options, aiming to advance its promising South Australian exploration projects.

Equinox Resources announces CEO Zac Komur will step down in November, with the Board launching a search for his successor amid ongoing development of the Hamersley iron ore project and strategic expansion plans.