Latest Gold And Base Metals Exploration News

Enterprise Metals’ latest quarterly report highlights encouraging drilling results at the Vulcan prospect within the Doolgunna Project, revealing potential for a significant gold and copper-zinc mineralised system. Meanwhile, exploration continues across multiple WA projects amid ongoing funding efforts.

Pacific Resources Limited (ASX, PXR) has executed a 19-month option to acquire the high-grade Eastern Victorian Goldfields Project, while progressing exploration at its Tasmanian assets and completing a $1.5 million placement.

Mammoth Minerals has kicked off its maiden diamond drilling at the Excelsior Springs Gold-Silver Project in Nevada, delivering multiple high-grade intercepts and expanding its landholding by 340%. A $7.5 million capital raise supports ongoing exploration across its Americas portfolio.

Ballymore Resources reports significant progress in Queensland with high-grade gold and silver-lead-zinc discoveries, advancing underground development and preparing for new drilling campaigns.

Cosmo Metals has completed its first drilling program at Spring Creek in NSW after nearly 30 years, revealing high-grade gold mineralisation and identifying a new antimony-rich corridor, supported by government grants to advance exploration.

QMines Limited has made significant strides in its Queensland projects with high-grade drilling results at Mount Mackenzie and Develin Creek, backed by a $9 million capital raise to support exploration and development.

Rokeby Resources has identified multiple new high-grade gold and antimony prospects at its Hurricane Project in Queensland, while advancing exploration at Macauley Creek with plans for early 2026 drilling.

Solara Minerals has completed the first stage of drilling at its promising Degrussa West gold-copper project, with assay results expected soon. The company also secured a $180,000 government grant to support further exploration across its Bryah Basin portfolio.

Cullen Resources Limited has outlined an active exploration agenda for early 2026, advancing drilling programs across its gold and base metal projects in Western Australia and Finland while maintaining a stable financial footing.

Lightning Minerals has confirmed extensive gold and base metal mineralisation along a 12km strike at its Mt Turner Project, Queensland, following a successful inaugural drill program. The company secured A$2.5 million to fund an ambitious Phase 2 drilling campaign set for early 2026.

Antares Metals has completed a strategic acquisition of gold and copper projects in Western Australia and raised $2.03 million to fund exploration, while appointing Terence Topping as Managing Director to lead the next growth phase.

Tarrina Resources has launched a 1,200-metre diamond drilling program at its flagship Christmas Gift Gold Project, following extensive historic data validation and geological modelling. The company also advances copper and rare earth element projects in South Australia after a successful $5 million capital raise and ASX relisting.