Latest Australian Exploration Portfolio News

Aurora Energy Metals progresses the Aurora Uranium Project with a major drill program imminent under Eagle Nuclear Energy, while broadening its Western Australian footprint with new exploration licences at Mukinbudin.

Novo Resources has validated a significant hydrothermal system at its Wyloo Polymetallic Project through maiden drilling and identified new IOCG-style targets at Toolunga, broadening its exploration pipeline in Western Australia.

Kincora Copper has sealed definitive agreements to divest its Mongolian subsidiaries for US$10 million, marking a strategic pivot to focus on its Australian gold-copper projects.

Infinity Metals has secured a two-year exclusive option to acquire 100% of the high-grade Swansea copper mine in Arizona and raised A$2.25 million via a discounted placement to fund exploration and acquisition costs.

Aurora Energy Metals has completed the sale of its Aurora Uranium Project to Eagle Nuclear Energy, receiving US$17.1 million in equity and holding rights to up to US$10 million in milestone payments plus a 1% royalty. The transaction strengthens Aurora's balance sheet and ushers in a new leadership phase.

MinRex Resources is advancing a transformative merger with Canadian explorer Electrum Discovery Corp., poised to create a well-capitalised gold and copper exploration entity with significant assets in Serbia and Australia.

Surefire Resources NL reported significant progress in its Western Australian exploration portfolio during the December 2025 quarter, highlighted by standout gold intercepts at Yidby and advancing development at the Victory Bore critical minerals project.

Zenith Minerals has finalised the sale of its 20% stake in the Kavaklitepe gold project in Turkey, securing approximately A$820,000. The company plans to reinvest these proceeds to accelerate exploration at key Australian gold and copper-gold projects.

Rincon Resources Limited advances its Western Australian exploration portfolio with a maiden resource at South Telfer and a strategic option agreement for the Crackerbox Gold project, setting the stage for upcoming drilling campaigns.

Heavy Rare Earths Limited (ASX – HRE) reports significant uranium, scandium, and rare earth assays from its Radium Hill project, alongside strategic airborne surveys and advancing exploration across Australia.