Latest Exploration Projects News

Gold Mountain Limited launches a $3.5 million capital raise through an entitlement offer and placement to fund exploration projects in Brazil and Papua New Guinea, supported by key shareholders including Jose Luis Manzano.

Everest Metals Corporation Ltd has completed a $4 million capital raise through a share placement, issuing over 38 million new shares to sophisticated investors. The move, approved by shareholders, strengthens the company’s financial position without triggering additional disclosure requirements.

ENRG Elements Limited has announced a renounceable entitlement offer to raise approximately A$1.63 million through the issue of new shares and attaching options, partially underwritten by Mahe Capital Pty Limited. The capital raise aims to fund exploration and corporate activities amid ongoing geopolitical and market risks.

Artemis Resources has completed a $4.925 million capital raise through the issuance of over 1.23 billion shares, exceeding its initial target. This update finalizes the company’s recent funding efforts, signaling strengthened financial footing.

My Foodie Box Limited, soon to be Tarrina Resources Limited, is pivoting from meal kits to mineral exploration by acquiring promising gold and base metal projects and raising $5 million to fund exploration.

Deterra Royalties has agreed to sell its non-core gold offtakes and royalties to Vox Royalty Corp for US$60 million, marking the completion of its divestment of Trident-acquired assets and reinforcing its strategic focus on base and battery metals.

Yandal Resources has confirmed a significant new gold discovery at its Arrakis Prospect, with recent drilling revealing substantial mineralisation in fresh rock over a 2.2km strike. The results highlight the potential scale of this emerging gold system within the Caladan target area.

My Foodie Box Limited has raised $500,000 through unsecured promissory notes to support its transformation into Tarrina Resources and relisting on the ASX as a resource exploration company.

Western Gold Resources has responded to ASX inquiries about recent unusual trading activity, disclosing partial assay results from its Gold Duke drilling program while affirming compliance with continuous disclosure rules.

Battery Age Minerals Limited has launched an offer of up to 29 million quoted options following a $3 million placement, aiming to support exploration projects in Austria and Argentina while managing shareholder dilution.

Adavale Resources has updated its prospectus to reflect a $3.1 million capital raise through share placements and director participation, reinforcing its funding position amid ongoing exploration efforts.

Sarytogan Graphite Limited has launched an 1,800m drilling campaign at its Baynazar copper project in Kazakhstan, extending promising trench intercepts and securing additional ground. Concurrently, the company progresses funding and feasibility studies for its flagship graphite asset.