Latest Exploration Activity News

Tennant Minerals (ASX:TMS) has launched a prospectus offering more than 800 million new options, aiming to clear trading restrictions and raise funds for advancing its Bluebird project and broader exploration activities.

Somerset Minerals has dispatched its entitlement offer prospectus to shareholders, opening a non-renounceable offer from 9 July to 22 July 2026. The capital raising supports ongoing exploration at its Nunavut copper projects.

Right Resources Limited has raised A$2.7 million through a placement anchored by major shareholders, including directors, to fund drilling and exploration across its Tumbarumba and New England projects.

Sunrise Energy Metals pushed forward its Syerston Scandium Project with key permitting, FEED study progress, and a Concept Level Study for tripling scandium oxide output. The company also made a strategic US$5 million investment in Agni Semiconductor, signalling a pivot into downstream scandium-enabled technologies.

Corazon Mining has completed its acquisition of the Chalice Gold Project from Westgold Resources, securing a 191,000oz high-grade gold resource and planning an aggressive drilling campaign to unlock further potential.

Taiton Resources has finalised a placement of 1.14 million shares at 7 cents each, including shares and options issued to insiders following shareholder approval.

Great Southern Mining (ASX:GSN) has launched an aggressive 20,000m drilling campaign targeting multiple gold discoveries across Western Australia and Queensland, including expansions at Golden Boulder and Amy Clarke, and diamond drilling at the Edinburgh Park joint venture with Gold Fields.

Arika Resources is mobilising for its biggest ever drilling push, with a 20,000-metre program focusing on high-grade extensions and new targets at its Western Australian gold projects.

DeSoto Resources and Fortuna Mining’s joint venture High Guinea Gold has locked in a seven-project gold exploration package covering 591.43 square kilometres in Guinea’s prolific Siguiri Basin, marking a key step in their alliance’s expansion strategy.

Orezone Gold outlines 2026 production and cost outlook for its newly acquired Casa Berardi mine, highlighting a transitional phase with higher costs and planned exploration ramp-up.

Ballymore Resources has kicked off a deep Magnetotelluric survey at its Dittmer Project, aiming to pinpoint a concealed porphyry copper-gold system beneath a historic high-grade gold mine while advancing underground development and resource drilling.

Stellar Resources has secured the Ringville Exploration Licence adjacent to the Renison Tin Mine, significantly boosting its East Renison Project. The licence covers key geological structures linked to tin mineralisation and sets the stage for drilling in 2027.