Latest Exploration Activity News

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.

Ore Resources has initiated a 1,000-metre diamond drilling program at its Forrest prospect, aiming to deepen geological insights and expand gold resources within its Coolgardie Gold Project. This follows a successful reverse circulation drilling phase and sets the stage for a comprehensive 30,000-metre exploration campaign across 2026.

Ragusa Minerals’ recent site visit to its Purple Pansy Project in Arizona confirms promising high-grade manganese oxide mineralisation, setting the stage for accelerated exploration activities.

Diablo Resources has significantly increased its Star Range Silver-Antimony Project footprint in Utah by acquiring an additional 646.5 acres adjacent to the South Star Prospect, enhancing geological continuity and exploration potential.

Noronex Limited has received the first A$1.25 million tranche payment from Joint Era Mining following due diligence completion on the Witvlei Copper Project sale, boosting its cash reserves and advancing its strategic focus.

OD6 Metals has secured an exclusive option to acquire the Quinn Fluorspar Project in Nevada, boasting ultra high-grade deposits critical to US supply chains. The move complements its rare earth and copper assets, backed by a $3.4 million capital raise.

Cosmos Exploration Limited has been reinstated to ASX quotation following the exercise of an Option Agreement and a Placement, ending its trading suspension.

Horizon Gold Limited has raised A$30 million through a placement and entitlement offer to accelerate exploration and advance the feasibility study at its Gum Creek Gold Project in Western Australia.

Peregrine Gold Limited has announced significant progress across its Pilbara projects, including new sampling programs targeting gold anomalies and approvals for drilling at key prospects. The company’s latest assays and heritage agreements set the stage for upcoming exploration activities.

Rincon Resources has agreed to sell its Laverton assets to Galleon Metals, receiving shares in return, while preparing to sell or joint venture its West Arunta project as it concentrates on its Telfer South and Crackerbox projects.

AuMEGA Metals has announced a C$5.35 million capital raising via a flow-through unit offer aimed at advancing its exploration projects in Newfoundland and Labrador. The offer includes shares and warrants, targeting Canadian charity investors with tax incentives.