Latest Exploration Activity News

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

Zenith Minerals confirms a substantial and continuous gold mineralisation system at Red Mountain, Queensland, with new diamond drilling results revealing significant depth and high-grade zones. A follow-up RC drilling program is set to further delineate the system’s lateral extent and target its high-grade core.

Catalyst Metals reported a slight dip in September quarter gold output due to processing challenges but remains on track to meet full-year targets amid ramped-up exploration and development.

Solara Minerals has launched a cutting-edge Ultrafine® soil sampling program at its Wilgeena West Project, aiming to pinpoint structural controls of gold mineralisation and generate new drill targets.

Black Cat Syndicate has commenced mining at its Fingals open pit, marking a significant step in its Kal East gold operation with expected strong gold production and ongoing resource expansion.

Augustus Minerals has completed an extensive soil geochemistry program at its Music Well Gold Project, setting the stage for imminent drilling after heritage approvals. The company targets extensions of high-grade gold mineralisation beneath shallow soil cover.

Duketon Mining’s latest ultrafine soil sampling at the Barlee Project reveals several significant gold anomalies, boosting confidence ahead of planned drilling later this quarter.

Sarama Resources has completed the second tranche of its A$2.6 million equity placement, issuing new options to fund exploration at its Cosmo Gold Project and support arbitration efforts.

Magnum Mining & Exploration has secured permits and land access to launch a targeted drilling campaign on its Brazilian rare earth projects, aiming to validate high-grade mineralisation and advance its exploration footprint.

Koba Resources has acquired exclusive rights to two prolific tin-tungsten projects in Queensland’s historic Herberton Tin Field, backed by a $4.35 million capital raise to fund exploration and drilling.

Red Mountain Mining has significantly increased its presence in Idaho’s critical minerals sector by acquiring the Silver Dollar Antimony Project, adding high-grade historical antimony-gold mineralisation to its portfolio. This move enhances RMX’s strategic position in the US critical metals market.

Core Energy Minerals reports promising early-stage rare earth element intersections from hand-auger drilling at its Tunas Project in Brazil, confirming significant REE mineralisation and setting the stage for expanded exploration.