Some Noteworthy Junior Explorers and Project Developments in 2025

Here are 10 junior mining explorers that have been particularly noteworthy in 2025. Some have reported exceptional drill results with high-grade and high-impact discoveries, while others have advanced their projects through new resource estimates or strategic partnerships. This list focuses on companies that have generated significant market attention in the spring and summer of 2025, though many other promising explorers exist and are making worthwhile progress.

1. Onyx Gold -Project: Munro-Croesus (Ontario, Canada):Highlight: Spring 2025 drill program returned 1.8 g/t gold over 91 meters, including 4 g/t over 32 meters and 5.3 g/t over 17 meters at the Argus North zone. The results indicate broad zones of high-grade mineralization.

2. NexGold Mining (Goliath Gold Complex, Ontario, Canada): A July 9, 2025 news release highlighted intercepts such as 13.67 g/t gold over 1.75 meters and 1.05 g/t gold over 21.20 meters. The company also stated that the drilling provided greater certainty on mineralization in shallow zones and showed potential for resource expansion.

3. New Found Gold: Project, Queensway (Newfoundland, Canada): A July 9, 2025 release noted results from the Keats West zone, including 55.0 g/t gold over 35.05 meters. The companys preliminary economic assessment (PEA) released in July 2025, which was based on a resource estimate with a November 2024 cutoff, also highlighted significant grades.

4.Goliath Resources (Golddigger Property, British Columbia, Canada): Goliath Resources has had a very active and successful drilling season in 2025 at its Golddigger property in British Columbias Golden Triangle. A July 28, 2025 news release announced an intercept of 11.00 g/t gold over 4.85 meters, and a July 7, 2025 release highlighted an intercept of 8.31 g/t gold over 23 meters. The company has also upsized its drill program from 40,000 meters to 60,000 meters based on these positive results and has reported visible gold in a high percentage of its holes.

5.Dryden Gold Corp. (Gold Rock Project, Ontario, Canada): Dryden Gold has reported notable drilling results from its Gold Rock Project in Ontario in 2025. A May 7, 2025 news release detailed a discovery with an intercept of 301.67 g/t gold over 3.90 meters. A later release in June 2025 also reported visible gold in a second stacked structure, with assays pending at the time. These results are adding to the projects significance.

6. Arizona Silver amp; Gold (Philadelphia Project, Arizona, USA): Announced strong assay results from its Philadelphia project in 2025. A news release on August 6, 2025, highlighted a significant high-grade intercept of 14.5 g/t gold over 1.52 meters. Other 2025 releases have also reported wide intercepts of gold, confirming the presence of a high-grade epithermal system.

7. Pegasus Resources: Active in uranium, not gold, their Jupiter Uranium Project in Utah was noted for significant early 2025 drilling intercepts, highlighting that some of the most exciting drilling news isn’t limited just to gold juniors.

8. Taseko Mines Limited: Although primarily a copper producer, it remains active in early-stage exploration and development in 2025 across properties in Canada and the USA, contributing to noteworthy exploration news. Taseko's 2025 financials show Adjusted EBITDA of $17 million and net income of $22 million in Q2 with revenues of $116 million from copper and molybdenum sales

9.Troilus Gold: Key highlights from their 2025 drill campaign at the Troilus Project in north-central Quebec include: A record drill intercept in the Southwest Zone, with hole SW-25-678 returning 78.38 g/t gold equivalent (AuEq) over 2 meters, including an extremely high-grade 153.73 g/t AuEq over 1 meter. This is the single highest assay from the Southwest zone since drilling began in 2019. Another significant intercept, hole SW-25-688, yielded 2.44 g/t AuEq over 56 meters from the primary ore shoot, surpassing previous results for continuity of high-grade mineralization in the Phase 1 reserve pit, which is the planned early mining area. Overall, Troilus Gold's 2025 drilling campaign has yielded impactful and record-setting results, reinforcing the scale and quality of their resource and supporting progress toward development and production.

10. Tudor Gold Located in British Columbias Golden Triangle: Tudor Gold has commenced its 2025 drill program at the Goldstorm Deposit. The focus is on expanding the high-grade gold Supercell-One system, which has shown great potential from previous drilling. The companys goal is to develop a multi-million-ounce, high-grade gold system.

In summary: Many of these companies have reported significant share price gains in 2025 as a result of their drilling success, with some (like Onyx Gold and New Found Gold) producing some of the largest year-to-date percentage increases on the TSXV. These explorers stand out for their combination of grades, widths, expansion of known deposits, and unlocking new mineralized zones.

As always, investors should conduct their own due diligence as the Junior mining sector carries significant exploration and development risk.

SP

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