Latest Exploration Activity News

Clara Resources has inked a binding deal to acquire the Hodgkinson Basin Gold Project in Far North Queensland, setting the stage for an aggressive exploration campaign in 2026. The acquisition, involving over 533 million shares and cash payments, aims to unlock significant gold potential in a historically rich but underexplored region.

Asian Battery Metals has confirmed expanded high-grade copper and gold mineralisation at its Maikhan Uul project in Mongolia, with new surface and drilling results revealing a larger and more complex system than previously known.

Gateway Mining's initial aircore drilling results reveal a broad and promising gold system at the Mustang-Pony Trend, with multiple high-priority targets identified for follow-up in 2026.

Ausgold Limited has successfully completed a Share Purchase Plan, raising $10 million after scaling back oversubscriptions, contributing to a total $90 million capital raise for its Katanning Gold Project development.

Everest Metals Corporation has announced the issuance of $1.17 million in Junior Minerals Exploration Incentive tax credits to eligible shareholders following successful capital raisings in 2024-25. This move highlights the company’s ongoing commitment to exploration and shareholder value.

Stavely Minerals has advanced exploration at its large-scale Freddy’s Find gold prospect, completing key drilling phases and preparing for further work in early 2026. Assay results from recent programs are expected soon, potentially unlocking a significant new gold discovery in western Victoria.

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.