Latest Exploration Activity News

Riedel Resources has completed the acquisition of majority interests in the Cosmo and Mt Venn gold projects in the Laverton Gold District, expanding its portfolio to three exploration-stage assets across two Tier 1 jurisdictions.

Kali Metals has identified multiple new high-grade gold prospects at its Marble Bar Project, with rock-chip samples hitting up to 53.1 g/t Au and soil sampling revealing extensive gold-in-soil anomalies over previously untested ground.

Reward Minerals has validated high-grade gold and copper mineralisation at its Mountain Pond Project in Newfoundland, advancing towards maiden drilling at the Jackpot Prospect with strong soil sampling at nearby Bingo.

Alkane Resources capped FY26 with record production of 168,337 gold equivalent ounces and $174 million in quarterly cash flow, announcing a maiden fully franked dividend and setting robust FY27 guidance.

AuKing Mining has rapidly advanced its Tundulu Rare Earths Project in Malawi, confirming extensive carbonatite mineralisation beyond historical targets and securing $8 million to fund an expanded drilling campaign including diamond drilling.

Recharge Metals has expanded its gold exploration footprint near Leonora, Western Australia, by acquiring the Ironstone Well Project, increasing the Prospero Trend strike length by 50%. The company raised nearly $6 million to fund an aggressive 30,000m drilling campaign at Sunset Well and other exploration activities.

Connected Minerals is set to acquire Frontier Group, gaining control of an 80% stake in the high-grade Bailundo carbonatite project in Angola, backed by a $4.5 million capital raise and planned drilling.

Taruga Minerals has locked in CorePacific Drilling for a maiden 1,000m diamond drill campaign at its Weioko Gold Deposit on Normanby Island, aiming to validate historical high-grade gold hits and explore deeper mineralisation.

Barkly Rare Earths has kicked off a 10,000-metre drilling campaign at its flagship Barkly Project, aiming to grow its 40 million tonne inferred rare earth resource. Initial assays are imminent, setting the stage for a resource update later this year.

Catalina Resources Limited has corrected an earlier ASX announcement and reaffirmed significant historical gold mineralisation across its recently acquired Mid-West portfolio in Western Australia, supported by a $3 million capital raise and advancing exploration activities.

Tartana Minerals has locked in a $5.18 million placement with Chinese mining giant Xingye Gold at a striking 165% premium to its last traded price, setting the stage for accelerated exploration and a new strategic partnership.

Metal Hawk has resumed reverse circulation drilling at its Leinster South Project, aiming to expand on recent high-grade gold intercepts at the Thylacine and Tysons prospects. The campaign is expected to last up to three weeks, with assay results due in about a month.