Latest Exploration Activity News

Andean Silver Limited reports robust drilling results from its Cerro Bayo project, revealing new high-grade mineral zones and expanding its tenement holdings. The company has mobilized a third drill rig and launched a major geophysical program, setting the stage for multiple resource updates in 2025.

Power Minerals reports strong progress in its maiden diamond drilling program at the Niobio Project in Brazil, successfully intercepting targeted pegmatite zones and validating its exploration model. Results are anticipated in Q1 2025, while the company withdraws from the Tântalo Project due to licensing challenges.

Kali Metals has significantly extended the gold-in-soil anomaly at its Marble Bar Project, increasing the strike length by 80% to 9.5 kilometres. The company is now prioritising gold exploration while maintaining lithium as a secondary focus.

Core Energy Minerals has entered staged option agreements to acquire up to 100% interests in the Cummins and Harris Greenstone uranium projects, expanding its footprint in South Australia's premier uranium mining jurisdiction.

iTech Minerals has entered a binding agreement with global lithium giant SQM to jointly develop the Reynolds Range Lithium Project, marking a significant step forward for the Northern Territory asset. This partnership enables SQM to earn up to a 70% stake in lithium rights, backed by a structured investment and exploration program.

Golden State Mining's December Quarterly Report reveals promising exploration progress with three new gold target areas identified near the 11.2Moz Hemi deposit, alongside encouraging assay results from Canning Hill and planned drilling at Southern Cross East.

Alkane Resources has reported significant gold intercepts from deep core drilling beneath the San Antonio deposit, revealing promising underground mineralisation potential. The company is advancing a comprehensive exploration program to expand its resource base at Tomingley.

Litchfield Minerals Limited reports significant progress in Northern Territory exploration, including strategic acquisitions and advanced geophysical surveys, while managing weather-related delays to drilling schedules.

Emmerson Resources has resumed and expanded its RC drilling program at the White Devil Gold Project, with initial resource estimates expected imminently and further updates planned after assay results.

Rapid Lithium Limited has revised payment terms for its Ingersoll Project acquisition and opted out of a previously planned deal with Patriot Lithium, sharpening its focus on lithium exploration and a new gallium-germanium project.

MetalsGrove Mining Limited reports promising exploration results with four new gold-copper prospects identified at its Bruce Project and significant zinc-copper-lead mineralisation confirmed at Edwards Creek, underpinning its 2025 exploration plans.

Horizon Oil has successfully completed the WM29 well and commenced drilling WM30 in the Mereenie Development Program, aiming to boost gas production and meet new Northern Territory gas sales commitments.