Latest Australian Exploration News

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.

Yandal Resources has mobilised multiple rigs to its Ironstone Well-Barwidgee Gold Project, advancing extensional drilling at the Arrakis discovery and preparing for diamond drilling at Flushing Meadows, underpinning a busy 2026 exploration calendar.

Sultan Resources Ltd (ASX: SLZ) has successfully listed on the US OTCID Market under the code SLZRF, aiming to increase liquidity and attract North American investors. The move supports the company’s strategy to expand its presence in the precious and critical metals sectors.

Buxton Resources has raised approximately A$3 million through a well-supported share placement, aiming to fast-track drilling and exploration across key Australian projects.

Terra Critical Minerals has expanded its footprint in New South Wales with a new exploration license at the historic Silent Grove tin project, revealing significant historical tin mineralisation up to 5.21%. The company plans modern exploration to unlock this critical mineral’s potential amid rising global demand.

Renascor Resources reports significant cobalt and copper mineralisation from its recent Bulloo Creek drilling program, while advancing exploration across South Australia’s Olary, Marree, Wooltana, and Tumby Bay projects.

Tasman Resources reports progress on drilling preparations at its South Australian projects, with Fortescue-led heritage surveys set to unlock Titan West drilling this year, while Parkinson Dam faces scheduling delays.

Kalamazoo Resources has appointed mining veteran Andrew McDougall as CEO to lead its flagship Ashburton Gold Project through critical feasibility stages and drive broader portfolio growth.

Galileo Mining’s recent drilling at its Norseman project has confirmed promising palladium-platinum-gold mineralisation near surface, with a funded diamond drilling program poised to test for deeper extensions beneath the Callisto deposit.

Connected Minerals has completed its Phase 2 drilling at the Etango North-East Uranium Project in Namibia, with 17 of 23 holes returning economic uranium grades, reinforcing its geological model and setting the stage for further exploration.

Raptor Metals Ltd has completed its takeover of Raptor Resources Limited, marking a strategic pivot to copper exploration in Canada’s Bathurst Mining Camp, backed by a fresh A$5 million capital raise.

C29 Metals is progressing drilling plans at its Samsons Tank Copper project in NSW while securing a $150,000 convertible loan from a director and exploring global acquisition opportunities to diversify its portfolio.