Latest Exploration Activities News

DeSoto Resources has identified a substantial 9km-long artisanal gold mining zone at its Koba Project in Guinea’s Siguiri Basin, with high-grade samples up to 15.2g/t Au and ongoing exploration activities underway.

Pan African Resources has agreed to acquire Emmerson Resources via a scheme of arrangement valued at approximately A$311 million, offering Emmerson shareholders a 36.4% premium. The deal aligns interests in the Tennant Creek Joint Venture and provides exposure to a larger gold producer.

Heavy Minerals Limited has defined a substantial garnet exploration target at the Kanmantoo site in South Australia, estimating up to 50 million tonnes grading 17-25% garnet. The company is advancing metallurgical testing and funding discussions, positioning for a near-term investment decision.

Lachlan Star Limited confirms significant high-grade gold mineralisation at its New Waverley Gold Project in Western Australia, with diamond drilling set to begin mid-March to expand on promising historical intercepts.

AuMEGA Metals has successfully closed the first tranche of its upsized private placement, raising over C$5 million to advance its exploration projects in Newfoundland. A second tranche awaits shareholder approval, potentially boosting the company’s capital base further.

Golden Mile Resources has raised $730,000 through a discounted private placement to fund accelerated exploration at its promising Aurora and Yuinmery gold projects.

Tali Resources has unveiled three fresh copper and critical mineral prospects at its West Arunta Project, signalling a significant expansion of its exploration pipeline in Western Australia. The company is gearing up for a 2026 drilling campaign to test these promising targets.

Metal Hawk Limited has kicked off a significant reverse circulation drilling campaign at its Leinster South Project, targeting promising gold zones along a key geological contact. The program aims to build on recent high-grade intercepts and explore new ground in Western Australia’s Agnew-Lawlers region.

Belararox Limited has appointed Will Dix as CEO, bringing deep mining expertise to lead its copper-focused projects in Argentina and Botswana. The company also promotes Christian Blaser to oversee exploration activities across both regions.

Prospect Resources is set to increase its ownership in the Mumbezhi Copper Project to 90%, following a US$4.25 million acquisition. The company plans to kick off an ambitious Phase 3 drilling program in early Q2 2026, backed by a recent A$45 million equity raise.

Patriot Resources has confirmed strong silver recoveries averaging 85% from historical testwork at its Tassa project in Peru, underpinning a maiden JORC Inferred Resource of 31.4 million ounces silver equivalent. An independent metallurgical review is underway to refine recovery assumptions and support future resource upgrades.

Auravelle Metals has launched a comprehensive exploration campaign at its Nuckulla Hill Project, including a detailed aerial magnetic survey and upcoming drilling to expand gold mineralisation at the Sheoak prospect.