Latest Exploration Activities News

Recharge Metals has formalised cultural heritage protections with the Darlot Traditional Owners, clearing the way for a major drilling campaign targeting nearly 95,000 ounces of gold at its Sunset Well project in Western Australia.

Altair Minerals has strengthened its exploration leadership by appointing Dr. Sonia Scarselli as Specialist Advisor and forming a joint Technical Committee with Endeavour Mining to accelerate its Greater Oko Project in Guyana.

Power Minerals is advancing its Morro do Ferro Rare Earth Project in Brazil with a mineralogical program focused on high-value magnet rare earth elements, aiming to improve project economics and streamline development.

Daly Resources has posted a $352,743 loss for FY2025 amid aggressive expansion of its exploration portfolio, including the acquisition of the Huckitta and North Batten projects. The company is gearing up for a $10 million IPO in 2026 to fund its base metals and fluorite exploration ambitions.

Ballymore Resources has secured $5.2 million through an oversubscribed capital raise, boosting its capacity to fast-track exploration across multiple Queensland projects.

Alligator Energy has secured a crucial option to acquire a lease enabling expanded exploration at its Samphire Project while addressing ASX concerns over recent trading linked to a Mineral Resource Estimate update.

Mandrake Resources has secured a drilling contract to advance exploration at its Berinka Project in the Northern Territory’s Pine Creek Orogen, targeting gold and copper mineralisation with a 3,200m reverse circulation program planned for August 2026.

BOA Resources Ltd has voluntarily suspended trading of its shares on the ASX pending a potential acquisition announcement, with the suspension expected to last up to five trading days.

Triangle Energy (ASX:TEG) has regained 100% ownership of the L7 Production Licence and EP 437 Exploration Permit in the Perth Basin after joint venture partners Echelon and Strike withdrew and transferred their interests back. Legal proceedings against these partners for failing farm-in obligations continue.

Infinity Metals has secured a two-year exclusive option to acquire 100% of the high-grade Swansea copper mine in Arizona and raised A$2.25 million via a discounted placement to fund exploration and acquisition costs.

Melbana Energy halts direct involvement in its Cuban Block 9 project following US sanctions on CUPET, its contractual counterparty, while it seeks legal clarity on the complex regulatory landscape.

Taruga Minerals has pinpointed seven high priority exploration targets at its Kol Mountain Project in Papua New Guinea, launching its first active field program focused on a large undrilled copper-gold porphyry anomaly and high-grade gold shear zone.