Latest Exploration Activities News

Iron Road Ltd maintained modest spending on its Central Eyre Iron Project while progressing exploration at the Mulgathing Project, with key drilling results awaited. The company also updated its strategic land options at Cape Hardy amid subdued steel market conditions.

CGN Resources has expanded its footprint in Western Australia's prolific Leonora Gold Province by acquiring the Desdemona Project from Patronus Resources, creating one of the largest consolidated landholdings in the region.

Megado Minerals is poised to advance its Iberian Copper Project with investigation permits expected early 2026, setting the stage for airborne geophysics and maiden drilling. Meanwhile, the company maintains strong positions in Canadian lithium and gold assets.

Core Energy Minerals has launched fully funded exploration at its newly acquired Itambe Rare Earth Element project in Brazil, targeting high-grade anomalies with maiden drilling planned for the second quarter of 2026.

Peel Mining Limited has successfully raised $21.25 million to fund accelerated exploration, reporting significant gold intercepts at its Nombinnie Prospect and initiating a major drilling campaign at the Southern Nights Complex.

Constellation Resources has reported promising progress in its natural hydrogen projects across Western Australia and identified a significant gold-copper anomaly at its Ularring Copper-Gold Project, setting the stage for upcoming drilling campaigns.

Rincon Resources has advanced its strategic partnership with Greatland Resources through a staged farm-in and joint venture agreement, while delivering promising drilling results that extend the Hasties gold-copper deposits near the Telfer mine.

DeSoto Resources has advanced its exploration in Guinea’s Siguiri Basin with a new JV alongside Fortuna Mining and impressive high-grade gold intercepts, supported by a recent $14 million capital raise.

Enegex Limited has reported promising gold exploration results in Côte d’Ivoire and Western Australia, supported by a $5 million capital raise and strategic board appointments.

Ragusa Minerals has raised $600,000 through a private placement to fund exploration at its Purple Pansy Manganese-Gold Project in Arizona, supported strongly by existing shareholders.

Advanced Metals has ramped up its drilling programs in Mexico and Australia, backed by a $13 million capital raise and strengthened leadership, positioning itself for significant resource growth in 2026.

Australian Mines Limited reports strong gold drilling results at its Boa Vista project in Brazil and initiates new scandium-nickel-cobalt drilling in NSW, supported by a $4 million capital raise to accelerate exploration.