Latest Junior Exploration News

Tesoro Gold Limited reported a challenging quarter with significant cash outflows but secured $26.7 million in capital to advance its El Zorro Project. The company aims to sustain operations through a planned second tranche of funding.

Golden Dragon Mining Ltd is set to raise $5 million through an IPO, aiming for ASX listing with a portfolio of promising gold and nickel exploration projects in Western Australia.

TechGen Metals has expanded its exploration footprint at the Mt Boggola Project with two new high-potential copper-gold targets identified through a second stage IP survey. The company is poised to commence drilling pending final approvals.

Rumble Resources has commenced diamond drilling at its Western Queen Gold Project, progressing an underground mining scoping study that shows better economics than open pit options. A new processing partnership with Gylden Resources could streamline ore treatment.

Charger Metals has initiated a 3,000m drilling program at its Lake Johnston Lithium and Gold Project, fully funded by Rio Tinto Exploration, targeting multiple high-priority lithium and gold prospects. This follows a recent maiden resource estimate and aims to unlock further potential in a prolific Western Australian region.

Deep Yellow Ltd announces the departure of long-serving CEO John Borshoff, with CFO Craig Barnes stepping in as interim leader while a global search for a successor continues.

Alchemy Resources has entered a binding option agreement with Newcam Minerals, unlocking significant funding and operational expertise for its Bryah Iron Ore projects in Western Australia.

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

Magmatic Resources has reported promising high-grade gold intersections from its maiden drilling at the Weebo Gold Project in Western Australia, confirming extensive shallow mineralisation and planning follow-up drilling to expand on these early successes.

Dundas Minerals appoints industry veteran Jonathan Downes as Managing Director, marking a strategic leadership transition following founder Shane Volk's retirement.

Renegade Exploration Limited has had its trading suspension lifted following an announcement on the status of its recently lodged mining claims, signaling renewed market activity.

Nelson Resources has confirmed it is in confidential negotiations for a Right to Mine contract, explaining recent unusual trading activity in its shares. The company maintains compliance with ASX disclosure rules while awaiting contract finalisation.