Latest Exploration Activity News

Gold Mountain Limited reports highly encouraging rare earth and gold assay results from its Varzedo Prospect in Brazil, confirming significant mineral potential and outlining plans for targeted follow-up exploration.

Right Resources Limited’s maiden diamond drilling at the Pilot Project in NSW confirms a large-scale gold-copper mineralisation system, with multiple stockwork zones intersected and plans for deeper drilling underway.

Orpheus Uranium Limited has raised $4.36 million through a share placement anchored by IsoEnergy’s $1.5 million investment, aiming to accelerate uranium exploration across three Australian states.

FIN Resources Limited has upgraded and confirmed the reliability of historical gold assays at its Cabin Lake project in Canada, setting the stage for a maiden drilling program. The re-sampling results reveal stronger and more continuous mineralisation than previously understood.

BPM Minerals has revealed significant soil sampling results at its Forelands Gold Project in Western Australia, identifying multiple untested gold-in-soil anomalies. The company is poised to recommence reverse circulation drilling in early March 2026 to test these promising targets and extend known high-grade mineralisation.

Krakatoa Resources has raised $1.25 million through a well-supported placement to fund the next phase of exploration at its high-grade Zopkhito Antimony-Gold Project, following promising drilling results that validate historic data.

AngloGold Ashanti has begun exploration drilling on Matsa Resources’ Lake Carey tenement, signalling strong interest in the region and setting the stage for 2026 exploration activities.

Anson Resources has disclosed a substantial historical uranium and vanadium resource at its Yellow Cat Project in Utah, based on extensive 1950s drilling data, with plans for modern exploration and resource validation in 2026.

Ore Resources has identified a significant 2km gold-in-soils anomaly at its Miriam Project in Western Australia, highlighting multiple high-priority targets ahead of a major drilling campaign.

Summit Minerals has postponed its General Meeting to late February to finalise the Keystone Project acquisition, while advancing exploration with a completed aeromagnetic survey.

Terrain Minerals has initiated diamond drilling at its Smokebush Gold & Silver Project, advancing toward a maiden JORC Mineral Resource estimate targeted for mid-2026. The company’s exploration momentum continues with ongoing RC drilling at Lightning and upcoming programs at Wildflower.

Grand Gulf Energy has resumed trading on the ASX following a pivotal announcement securing new exploration rights alongside a fresh capital raising initiative.