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In the mining exploration world, the probability of running into obstacles far exceeds the chances of striking it rich.

Discovering a valuable resource can take years of work and even the most promising sites can yield unremarkable results and turn out to be unproductive.

For ASX juniors looking to make a discovery, it makes sense to bring in quality partners who can provide significant capital and lead exploration programs in new frontiers to test new ideas.

This also allows microcap explorers to avoid market volatility, relieving them from the pressures of having to raise funds.

The Australian | Micros with Majors: Which ASX juniors are teaming up with mining majors for gold and critical mineral treasures?