Latest Exploration Activity News

IGO Limited posted a robust quarter driven by Nova’s nickel output and cash flow, while Greenbushes’ lithium production stalled amid safety and operational challenges, prompting a downgrade in full-year guidance.

Askari Metals has completed data compilation at its Nejo Gold and Copper Project, setting the stage for a 5,000m maiden drilling campaign targeting high-grade gold and copper. Meanwhile, trenching at its Uis Project in Namibia reveals robust polymetallic mineralisation, including tin, tantalum, lithium, rubidium, and caesium, underpinning plans for RC drilling later this year.

Great Western Exploration has kicked off a major copper-gold drilling campaign targeting nine prospects in Western Australia's Yerrida Basin, backed by a $3.75 million placement. The program begins with a diamond drill testing a key gravity anomaly at the Oval VHMS target, aiming to replicate the nearby DeGrussa deposit's success.

Pinnacle Minerals has exited its US critical minerals ventures, retaining key Australian and Canadian assets while bolstering its board and cash position to pursue strategic growth.

HyTerra Ltd is raising up to $7 million through a non-renounceable entitlement offer to fund leasing, drilling, and data acquisition as it advances its geologic hydrogen projects.

Xpedra Resources has secured $3.2 million through a two-tranche placement to fund drilling and project acquisition across its high-grade gold assets in New South Wales, including Springfield and Neeld.

Black Horse Mining has delivered compelling early assay results from its maiden drilling program at Mt Egerton, confirming near-surface, high-grade gold mineralisation and setting the stage for deeper exploration.

Yandal Resources has commissioned a new exploration camp enabling a large-scale drilling campaign at its Ironstone Well-Barwidgee Gold Project. Recent results confirm a continuous mineralised system at Arrakis and high-grade gold at New England Granite, underpinning an ambitious 30,000m program for H1 2026.

Bubalus Resources reports encouraging gold intercepts from maiden Avon Plains drilling while streamlining its portfolio to prioritise Victorian assets and critical minerals projects. The company maintains a solid $3 million cash buffer amid cost cuts and plans multiple exploration campaigns in the coming quarters.

Perseus Mining delivered a strong March quarter with a 21% jump in gold production and a cash pile swelling to US$817 million, while confirming the completion of its US$260 million Meyas Sand Project sale. The Nyanzaga development remains on track for first gold in January 2027.

LinQ Minerals has delivered robust drilling results at its Gilmore Gold-Copper Project, including standout intersections at Gidginbung and Mandamah, while securing $15.4 million to accelerate exploration efforts.

Arrow Minerals Limited continues to hold its Guinea operations in suspension as it awaits formal government clarification on the status of key exploration tenements, with no new fieldwork conducted and cash reserves tightly managed.