Latest Mineral Exploration News

Regener8 Resources has expanded its strongest soil signal at the Srebrenica North project, with Gradina defining a 1.5km by 900m zinc-lead anomaly and peak results of 15.3g/t silver. The explorer ended September with A$2.693 million in cash, providing an estimated 5.32 quarters of funding at the quarter’s spending rate.

Tasman Resources now has the regulatory green light for drilling at both Titan West and Parkinson Dam, but record rainfall has delayed its Fortescue-led Lake Torrens campaign. The explorer ended September with $5.4 million in cash and no debt, giving it reported funding capacity while it moves toward two separate drilling programs.

Yari Resources has completed the Arcadia acquisition, lifting its combined reported Queensland coal resources to 504.9Mt and materially increasing its Indicated inventory. The enlarged portfolio brings product flexibility and infrastructure access, but also leaves Yari with technical work, contingent obligations and roughly two quarters of cash funding.

Pacific Resources has reported encouraging high-grade results from Snowstorm and Dogwood, including 17.15 g/t gold and 1.10% copper. The exploration progress comes with a sharp funding constraint: cash fell to A$63,000 and the company is seeking further capital after taking a A$100,000 short-term loan from its chairman.

Parbo Resources has completed a 4,737-metre maiden aircore programme at Brians Mill less than six weeks after listing on the ASX. The Western Australian explorer is now awaiting assays while a second 7,500-metre programme advances at Mount Padbury.

Black Canyon has put a 36.1Mt manganese and iron resource behind its Wandanya development push, supported by promising beneficiation testwork and a 3.4km mineralised base case. The next test is whether the December Scoping Study can turn those geological results into a credible project case.

Great Western Exploration has identified zinc-silver-lead mineralisation on the interpreted outer edge of a potential VHMS system at Seymour, near DeGrussa. The company is accelerating permitting for follow-up drilling, although its A$2.35 million cash balance covers an estimated 2.33 quarters at the reported spending rate.

Kingsrose Mining has cleared a major Finnish permitting hurdle that supports a targeted January 2027 drilling campaign at Penikat, although appeals remain possible until 20 November. The explorer also reported A$16.7 million in cash, late-year Finnmark assays and ongoing efforts to secure a funding partner for its Norwegian portfolio.

New Frontier Minerals has strengthened its exploration case at Mt Storm, where surface samples returned up to 6.88% copper, while advancing targets at Eldorado and Harts Range. The sharper investor question is funding: the company ended September with 1.9 quarters of estimated cash coverage and is monitoring options to raise capital.

Lightning Minerals has secured A$100,000 in non-dilutive cash and a funded 400-metre drilling commitment by granting Kincora Copper a nine-month option over six Lachlan Fold Belt licences. The deal could deliver another A$350,000, but only if Kincora exercises the option, approvals are obtained and a key tenement is renewed.

Regener8 Resources has identified a 1,500m by 900m silver-zinc-lead-antimony soil anomaly at Gradina, the largest defined so far at its Srebrenica North project in Bosnia and Herzegovina. The early-stage result sits between two operating mines, but drilling is still some way off.

Carnaby Resources shareholders supplied strong proxy backing for Evolution Mining’s proposed takeover, with 94.99% of proxy votes cast in favour. The final poll result was not included in the announcement, leaving Court approval as the next major hurdle if the scheme passes.