Latest Exploration Upside News

Finder Energy is fast-tracking development of the Kuda Tasi and Jahal oil fields in Timor-Leste, backed by a transformational farmin deal with TIMOR GAP and a strategic alliance with SLB, targeting first oil by October 2025.

Evergreen Lithium has identified multiple compelling gold targets at its Mt Monger Gold Project, leveraging strong historic drilling and prime infrastructure to fast-track development plans.

Flynn Gold’s re-sampling of historical drill core at its Firetower Project in northwest Tasmania confirms significant polymetallic gold-cobalt-tungsten mineralisation, highlighting critical metals essential for the energy transition.

Axel REE Limited has announced a significant inferred rare earth mineral resource of 233 million tonnes at its Caladão Project in Brazil, highlighting strong metallurgical recovery prospects that could substantially increase resource size.

Matsa Resources has locked in a $15 million funding package to fast-track development and exploration at its Lake Carey Gold Project, including advancing the Devon Pit and Fortitude Gold Mines. This capital injection aims to unlock latent value and support feasibility studies and drilling programs.

DeSoto Resources has partnered with Fortuna Mining to form a $12.5 million joint venture targeting new gold exploration permits in Guinea’s prolific Siguiri Basin. The alliance leverages local expertise and significant funding to pursue large-scale discoveries.

Westgold Resources unveils a conservative, fully funded three-year plan to increase gold production from 326koz to 470koz annually by FY28 while reducing costs. The strategy leverages existing assets and processing hubs, with key expansions and exploration investments underpinning growth.

Tesoro Gold has raised A$34 million through a strategic placement to fund critical development stages of its El Zorro Gold Project in Chile, aiming for a final investment decision.

Wia Gold Limited’s latest scoping study for the Kokoseb Gold Project in Namibia confirms a low-cost, long-life open pit operation with compelling economics and significant upside potential.

RTG Mining’s latest drilling results at the Chanach Copper-Gold Project reveal significant high-grade mineralization, underscoring the project’s expansion potential beyond existing resources.

Metal Bank Limited has signed a binding agreement to acquire key gold assets from Hastings Technology Metals, marking a significant expansion of its Western Australian portfolio. Drilling has already commenced at the Whiteheads Project’s Seven Leaders prospect, signaling early progress.

Mt Malcolm Mines has launched a comprehensive JORC-compliant Mineral Resource Estimation for its Malcolm Gold Project in Western Australia, leveraging strong recent drilling and bulk sampling results. The initiative aims to underpin future resource growth and development in a prolific gold district.