Latest Exploration Activities News

Corella Resources has completed due diligence on the Chobe Project tenements, advancing its plan to acquire a 75% stake from Caprice Resources. The project, rich in carbonatite potential, awaits final capital raising and regulatory approvals.

Lachlan Star’s maiden diamond drilling at New Waverley confirms shallow, high-grade gold mineralisation within a continuous shear corridor, setting the stage for an extensive follow-up drilling campaign.

Many Peaks Minerals has raised A$27.5 million through a placement to fund extensive drilling and a pre-feasibility study at its Ferké Gold Project and other Côte d’Ivoire assets.

Tivan Limited has formalised binding joint venture agreements with Timor-Leste’s state-owned Murak Rai Timor to develop the Baucau and Ossu copper-gold projects, targeting maiden drilling at Ossu in late 2026.

Helix Resources has snapped up a half interest in the Weerianna Gold-Lithium Project in Western Australia’s West Pilbara, gaining exposure to a historical gold resource and promising lithium potential near a major lithium discovery.

Industrial Minerals Ltd confirms its acquisition of the Laverton Gold Portfolio, associated drill data, and a $3 million placement are material disclosures, responding to ASX queries and affirming continuous disclosure compliance.

ChemX Materials remains suspended from ASX trading since December 2024, with no exploration activity reported in Q1 2026. The company secured an unsecured $1.2 million loan facility to support its recapitalisation and operational needs.

Burley Minerals Ltd is offering eligible shareholders in Australia and New Zealand the chance to buy up to $30,000 of shares at a 17.9% discount through a $300,000 Share Purchase Plan, aiming to bolster its exploration funding without brokerage costs.

West Cobar Metals (ASX: WC1) has secured a district-scale copper position in the Cobar Basin by adding EL9915, home to the Blind Freddie prospect featuring a >2.5km copper-gold anomaly. The company plans extensive drilling in 2026 to test multiple concealed copper targets including Lilyvale and Bulla Park.

Belararox Limited has confirmed additional high-grade silver, copper, and zinc mineralisation at its Toro Central prospect in Argentina, with narrow but rich intercepts from recent diamond drilling. The company is refining its structural understanding to guide an expanded 2026/2027 exploration campaign.

Vita Resources has uncovered multiple large gold in soil anomalies at its Ninnis Gold Project in WA, prompting an expanded drilling program targeting key fault zones.

OZZ Resources plans to acquire a nickel-copper-cobalt project in Western Australia’s Murchison region, aiming to raise up to $5 million to fund exploration and return to ASX listing.