Latest Exploration Activities News

Nimy Resources advances gold exploration with new priority targets and secures funding to pioneer gallium processing research at its Mons Project in Western Australia.

Desert Minerals reported strong gold soil anomalies at Mt Monger and completed drilling at Scotty Lithium, pending assays. A $1 million placement boosts cash to A$4.05 million, underpinning upcoming drilling and resource estimation.

Dalaroo Metals' latest geophysical surveys reveal extensive sediment depths and new exploration targets at Blue Lagoon, significantly enlarging the project's rare earth system in southern Greenland.

Australian Gold and Copper Ltd (ASX: AGC) has completed the second tranche of its $5 million placement, received a nearly $1 million R&D tax refund, and finalized the acquisition of the drill-ready Junee gold project in NSW.

Altoro Metals, formerly Variscan Mines, has officially rebranded and is set to begin maiden diamond drilling at its Guajaraz polymetallic project in Spain, backed by a $5 million capital raise.

ADX Energy has secured A$3.58 million through a discounted placement to fund multi-zone testing at its HOCH-1 gas discovery in Austria, follow-up drilling, and offshore Sicily exploration amid Europe's tight gas market.

Magmatic Resources’ Phase 3 drilling at the Weebo Project in WA has revealed significant bedrock gold mineralisation across several prospects, including a standout 13.9 g/t intercept at Scone Stone, with further drilling planned for late 2026.

Macallum New Energy completed key 3D and 2D seismic surveys in Western Australia’s Perth Basin, setting the stage for prospect maturation and potential drilling in 2027 while maintaining a strong cash position.

Moho Resources has uncovered two new shallow multi-lode gold systems at its Bush Chook Project, with 70% of drill holes hitting significant gold. A heritage agreement now opens 80% of the project for further exploration, with Phase Two drilling set for Q4 2026.

Lachlan Star’s maiden drilling at New Waverley confirms a high-grade Norseman-style gold system, prompting an expanded 4,000m drilling campaign to test a mineralised corridor with over 800m strike potential.

88 Energy has boosted its South Prudhoe oil prospects by 35%, securing key assets and advancing drilling plans for Q1 2027 while reducing capital risk in Namibia.

Megado Minerals has unveiled compelling magnetic survey results at its Alpartir Silver-Copper-Antimony Project in northern Spain, setting the stage for systematic exploration and drilling pending shareholder approval.