Latest Exploration Activity News

Viking Mines has expanded its gold discovery footprint at the Riverina East Project, recovering 120 nuggets and completing key drilling and surveys that reveal promising new structural targets.

Cygnus Metals reports a substantial 78% increase in Measured and Indicated resources at its Chibougamau Copper-Gold Project, including a maiden resource for the Golden Eye deposit, setting the stage for an updated economic study in early 2026.

Lodestar Minerals has agreed to acquire a major heavy rare earth element project in Arizona, positioning itself near the US's only active rare earth mine amid tightening Chinese export controls. The $3.25 million placement backs immediate exploration plans.

Kaili Resources has responded to ASX inquiries regarding delays in confirming rare earth element assay results from recent drilling, reaffirming compliance with disclosure rules and explaining procedural factors behind the timing.

EV Resources has made significant strides in its antimony projects across Mexico and the US, securing a processing plant and planning a maiden drill program at Los Lirios, positioning itself for near-term production.

Red Sky Energy has officially begun drilling at its Killanoola-2 well in South Australia, marking a significant step in advancing its oil project with promising resource potential and commercial partnerships.

AustChina Holdings has entered a binding agreement to acquire an exclusive option on the Eastern Victorian Goldfield Project, a promising portfolio rich in gold, base metals, and critical minerals. The move complements its existing Tasmanian and Queensland assets and sets the stage for an aggressive exploration campaign.

Investigator Resources advances its Paris Silver Project with key design optimizations and a $10 million capital raise, while divesting non-core assets to sharpen its silver focus.

Prospect Resources reports significant progress at its Mumbezhi Copper Project, with Phase 2 drilling nearing completion and metallurgical tests confirming robust processing potential. Updated resource estimates are expected by late Q4 2025.

Ramelius Resources delivered a robust September quarter with strong gold production and cash flow, completing its transformative acquisition of Spartan Resources and advancing key exploration and feasibility studies.

Fortuna Metals has acquired two exploration licences in Malawi’s emerging rutile province, completed initial drilling programs, and appointed Tom Langley as CEO, positioning itself alongside a world-class deposit. The company also raised $2.1 million to fund ongoing exploration.

Krakatoa Resources has agreed to sell its non-core Belgravia Project in New South Wales for $350,000, redirecting capital to advance its strategic Zopkhito Antimony-Gold Project in Georgia, a critical minerals asset positioned to serve European markets.