Latest Exploration Activity News

IRIS Metals has signed a binding agreement to farm-in exclusively to the Finley Basin Tungsten Project in Montana, expanding its critical minerals portfolio and cancelling a planned capital raise. Exploration is set to begin in early 2026 with resource estimation targeted for 2027.

VBX Limited has reported promising assay results from 65 drill holes at the Wuudagu D plateau, revealing a thicker and higher-grade bauxite profile than previously recorded. This discovery lies outside the current resource estimate, signaling potential for significant resource expansion.

Taruga Minerals has confirmed significant gold and copper mineralisation at its Gwamogwamo prospect in Papua New Guinea, underpinning its 2026 exploration plans. The results validate historical data and set the stage for targeted drilling campaigns.

Resource Minerals International Ltd has successfully raised $1 million through a share placement to fund exploration projects across Saudi Arabia, Tanzania, and Finland, while also achieving a debt-free status.

Aurelia Metals has reported significant drilling results at the historical Nymagee Mine in NSW, confirming extensions of polymetallic mineralisation that could underpin a new mine development in the Cobar region.

West Cobar Metals is making significant progress across its Salazar, Bulla Park, and Mystique projects, initiating metallurgical testwork and planning drilling programs that could reshape resource estimates and project economics.

Advance Metals has rapidly progressed its diamond drilling program at the high-grade Yoquivo Silver-Gold Project in Mexico, completing five holes with assay results awaited. The company is also advancing historic core sampling and geological modelling ahead of an updated resource estimate.

Exultant Mining has launched an aggressive exploration campaign at its Black Hammer Project in New South Wales, collecting 76 rock chip samples and expanding its tenure with a newly granted exploration licence. The company is progressing land access agreements and plans to commence drilling in early 2026.

Lefroy Exploration has received a second $0.75 million cash advance from BML Ventures, reinforcing its funding position ahead of key production milestones at the Lucky Strike Gold Project.

ActivEX Limited has raised $100,000 through a strategic share placement to Business Victor Investments, aiming to accelerate its exploration projects and strengthen working capital.

Truscott Mining Corporation has initiated a $1.44 million capital raise through a share placement accompanied by unlisted options, aiming to bolster its exploration and development efforts.

Alicanto Minerals has agreed to acquire the Mt Henry Gold Project in Western Australia, adding a 0.9 million ounce gold resource and initiating a $28 million capital raise to fund an aggressive drilling campaign.