Latest Exploration Results News

Australian Rare Earths Limited has secured a $5 million government grant to advance its Koppamurra Rare Earths Project, while initial drilling at its Overland Uranium Project validates promising geological models for uranium deposits.

Falcon Metals reports steady progress across its Victorian and Western Australian projects, maintaining a strong cash position to fuel ongoing exploration in 2025.

Resource Base Limited reports a solid cash position of $1.06 million and ongoing lithium exploration progress at its Wali and Ernst Lake projects in Quebec, alongside rare earth element developments in Australia.

Terrain Minerals has raised $450,000 through a strategic placement to fund high-impact drilling at its Smokebush Gold and Lort River Nickel/Copper projects, aiming to unlock significant mineral potential in Western Australia.

Evolution Mining delivered a standout December quarter with record cash flows, improved safety, and regulatory approval extending Cowal’s mine life to 2042. The company’s growth projects, including the Mungari mill expansion, are progressing ahead of schedule and under budget, positioning Evolution strongly for FY25.

West African Resources Limited reported a robust cash position of A$391.7 million at the end of December 2024, despite significant outflows driven by exploration and operational costs. The company maintains substantial financing facilities, positioning it well for ongoing development.

MetalsGrove Mining Limited reports promising exploration results with four new gold-copper prospects identified at its Bruce Project and significant zinc-copper-lead mineralisation confirmed at Edwards Creek, underpinning its 2025 exploration plans.

Ora Banda Mining reports a robust December quarter, boosting cash reserves to $57.8 million and advancing underground operations at Riverina and Sand King towards a 150koz production target in FY26.

Green Critical Minerals Limited (ASX: GCM) has temporarily paused trading of its securities, signaling an impending announcement that investors should watch closely.

Invictus Energy has successfully renewed its SG 4571 licence in Zimbabwe’s Cabora Bassa Basin for an additional three years, enabling continued exploration and development at the Mukuyu gas discovery.

Nova Minerals has confirmed extensive high-grade gold and antimony mineralization at its Stibium prospect in Alaska, setting the stage for resource drilling in 2025 amid strategic U.S. critical minerals initiatives.