Latest Exploration Activity News

Zenith Minerals has completed its largest drilling campaign at the Consolidated Dulcie Gold Project, confirming a significant gold resource potential and securing a $7.65 million strategic placement to accelerate development.

Genmin Limited has completed a A$25.7 million placement, cleared its debt, and made significant strides in financing its Baniaka iron ore project in Gabon, including a strategic partnership with Chinese SOE SHICO.

Pacgold has completed its acquisition of the White Dam Gold Operation, initiating heap leach irrigation and a major drilling program to fast-track gold production and resource upgrades. Concurrently, promising exploration results at Alice River and St George projects underpin a robust growth outlook.

Miramar Resources has secured an additional $1.1 million in investor commitments for its Tranche 2 placement, signalling sustained market confidence ahead of a shareholder vote in March 2026.

Belararox Limited has commenced diamond drilling at its flagship TMT Project in Argentina and completed initial drilling at its Kalahari Copper Belt project in Botswana, supported by a recent A$8.5 million capital raise and key board changes.

Basin Energy Limited reported a challenging cash flow quarter ending December 2025, offsetting operational outflows with financing inflows and strategic asset sales. The company remains confident in sustaining operations amid variable exploration costs.

Metal Hawk Limited has completed its maiden diamond drilling program at Leinster South, revealing significant high-grade gold intersections at the Thylacine Prospect and identifying new targets through advanced geophysical surveys.

Energy Metals Limited reported steady progress in its uranium exploration projects across the Northern Territory and Western Australia, supported by a robust cash position and a bullish uranium market outlook.

Albion Resources has advanced its exploration at the Yandal West Gold Project, identifying a previously unrecognised multi-kilometre gold corridor at Ives North while awaiting heritage study results that will shape upcoming drilling plans.

Evolution Energy Minerals has ramped up exploration at its Chikundo Copper Project while stabilising its finances and navigating regulatory hurdles in Tanzania. The company is preparing for drilling in 2026 despite a tight cash position.

Turaco Gold has reported significant progress at its Afema Project in Côte d’Ivoire, with the December quarter delivering a 4.06 million ounce gold resource and promising drilling results pointing to further expansion in early 2026.

Far Northern Resources has resumed its Phase 2 drilling program at the Bridge Creek project in the Northern Territory, aiming to expand its gold resource. The company maintains a solid cash position, supporting ongoing exploration activities.