Latest Australian Exploration News

Octava Minerals has amended its acquisition terms for the Byro REE Project, extending the deadline and replacing a share grant with performance rights tied to project milestones.

AusQuest Limited has reported significant progress at its Cangallo copper-gold project in Peru, extending mineralisation and advancing drilling programs, supported by a $10 million capital raise and an extended partnership with South32.

Dynamic Metals Limited has made significant strides in its Western Australian exploration projects, securing government funding and reporting promising early assay results. The company maintains a strong cash position to support ongoing activities across gold, lithium, and fluorite targets.

Aurora Energy Metals has taken significant strides in its uranium exploration strategy, progressing Eagle Energy Metals’ planned Nasdaq listing and securing new Western Australian exploration assets. These developments position the company for growth amid evolving market dynamics.

Western Mines Group reports significant nickel sulphide mineralisation from deep diamond drilling at its Mulga Tank project, reinforcing its vision of a large-scale hybrid nickel system. Drilling will resume in January 2026 to extend these promising results.

Miramar Resources has validated the presence of Noril’sk-style copper-nickel-PGE mineralisation at its Bangemall Project in Western Australia, despite ending its joint venture with Sumitomo Metal Mining. The company plans to continue exploration in 2026, seeking new partners and government co-funding.

Sarama Resources has raised A$2.7 million to fund exploration at its Australian gold projects while progressing a significant arbitration claim against Burkina Faso for expropriation of its African permit.

New Frontier Minerals has secured regulatory approval to launch its first reverse circulation drilling campaign at the Harts Range Heavy Rare Earth and Niobium Project, while also preparing for a US OTCQB listing to broaden investor reach.

Solara Minerals has secured a Heritage Agreement with Traditional Owners, enabling early-stage exploration and drilling across multiple Western Australian project areas, including the promising Degrussa West site.

Rox Resources is poised to commence underground development at its Youanmi Gold Project with the first decline cut scheduled this week, while a Definitive Feasibility Study is due shortly, marking a critical phase in its path to production.

AusQuest Limited reports significant growth in copper-gold mineralisation at its Cangallo Project in Peru, alongside advancing multiple Australian base metal projects and maintaining a solid cash position.

Galileo Mining’s latest drilling at Norseman confirms significant palladium, platinum, and gold mineralisation over a 10km strike, underpinning plans for follow-up resource testing. The company remains well-capitalised to advance exploration.