Latest Exploration News

Sipa Resources has inked agreements to acquire four advanced gold projects in South Australia and Western Australia, positioning itself for a significant exploration boost. The $2.2 million deal, coupled with a $1.75 million capital raise, signals a strategic pivot towards expanding its resource base.

GreenTech Metals has restarted its stage 2 diamond core drilling at the Whundo Cu-Zn project in West Pilbara, backed by a completed $2.3 million placement to fund exploration and resource expansion efforts.

Echelon Resources has agreed to acquire full ownership and operatorship of the EP145 exploration permit in the Northern Territory’s Amadeus Basin, aiming to unlock a discovered gas resource with modern technology.

St George Mining has inked a pivotal Memorandum of Understanding with steel giant Liaoning Fangda Group, setting the stage for collaborative development and offtake of its high-grade Araxá niobium-REE project in Brazil.

Golden Deeps Ltd has initiated a targeted diamond drilling program to test extensions of the Nosib copper-silver deposit in Namibia, aiming to build on promising earlier results that suggest thicker and higher-grade mineralisation at depth and to the west.

Arrow Minerals reports exceptional metallurgical testwork results from its Simandou North Iron Project, revealing a high-grade, low-alumina hematite fines product with strong potential for premium pricing. This milestone follows a strategic MoU with Baosteel, positioning Arrow for accelerated project development.

Many Peaks Minerals has initiated diamond drilling at its Ferké gold project in Côte d'Ivoire, following extensive auger and air core drilling campaigns at Ferké and Odienné. Assay results are eagerly awaited as the company targets extensions of high-grade gold mineralisation.

Megado Minerals has secured an agreement to acquire an 80% stake in a significant copper project in Spain and entered a strategic exploration deal for rare earths in the US, positioning itself at the forefront of critical minerals supply.

Yandal Resources has reported promising air-core drilling results at its Caladan target area, revealing significant gold mineralisation and the emergence of a new prospect named Arrakis. Follow-up drilling is planned to further explore this early-stage discovery within the Yandal Greenstone Belt.

Benz Mining has completed its acquisition of the Glenburgh and Mt Egerton gold projects in Western Australia from Spartan Resources, marking a strategic expansion with Spartan becoming a significant shareholder and board participant.

Spartan Resources has completed the sale of its Glenburgh and Egerton gold projects to Benz Mining for $1 million in cash, a 15% equity stake, and potential contingent payments. This strategic move allows Spartan to sharpen its focus on its high-grade Dalgaranga Gold Project while maintaining influence through board representation at Benz.

Nordic Resources has secured three additional exploration licences at its Pulju nickel-copper-cobalt project in Finland, expanding its granted tenure to 46 square kilometres and consolidating 12 kilometres of continuous strike within a key mineralised formation. This strategic move enhances the company’s potential to develop a significant European critical metals resource.