Latest Exploration Activity News

Peel Mining Limited has updated its mineral resource estimates, highlighting a robust 22.9 million tonnes at 2.20% copper equivalent across its South Cobar Project. The company is advancing pre-feasibility studies and exploration drilling at key deposits, positioning itself as a significant player in the Cobar Basin copper hub.

Havilah Resources has struck a binding deal with Heavy Rare Earths, granting earn-in rights to its Prospect Hill tin project with a $1.5 million exploration commitment over three years. The arrangement allows Havilah to focus on its copper assets while retaining significant upside exposure.

Terra Uranium Limited (ASX – T92) reveals significant historic mineralisation of tin, tungsten, molybdenum, and silver at its Deepwater Project in New South Wales, underpinning its strategic acquisition of Dundee Resources Pty Ltd.

Enova Mining has raised $0.85 million to fund a diamond drilling campaign targeting high-grade rare earth elements at its East Salinas Project in Brazil, signaling strong investor confidence and advancing its critical minerals portfolio.

Loyal Metals has raised $2 million through a targeted placement to accelerate exploration at its newly acquired Highway Reward Copper-Gold Mine, leveraging cutting-edge AI and drone technologies.

Beach Energy reported robust FY25 results marked by significant cost reductions, increased production, and record dividends, while advancing key projects like the Waitsia Gas Plant and Moomba CCS.

Future Battery Minerals Ltd has identified seven broad gold targets at its Burbanks East project in Western Australia, leveraging magnetic geophysics and historical data. The company is advancing tenure grant and preparing for further drilling, supported by a strong cash position.

Miramar Resources has confirmed multiple gold mineralisation zones in its inaugural drill hole at the 8 Mile prospect, signalling promising extensions of the nearby 8-Mile Dam deposit. Further geophysical surveys and drilling are planned to delineate the scale of this discovery.

Magmatic Resources has launched a new phase of exploration at its Weebo Gold Project in Western Australia, backed by promising high-grade gold assay results and fresh tenement applications.

Wildcat Resources has announced a promising new lithium discovery at Bolt Cutter Central near its Tabba Tabba project in Western Australia, with maiden drilling revealing multiple high-grade pegmatite intercepts open in all directions.

Helix Resources reports significant new drilling results from its Gold Basin Project in Arizona, confirming wide intervals of oxide-gold mineralisation suitable for open-pit mining and supporting potential resource upgrades.

Nagambie Resources has raised $1.2 million through a strategic placement to fund further diamond drilling and update its mineral resource estimate at the Nagambie Mine. The capital raise includes options that could inject additional funds over the next three years.