Latest Exploration And Expansion News

Asian Battery Metals PLC’s latest Phase 3 drilling results at the Yambat Project in Mongolia reveal expanded copper-nickel mineralisation and new high-conductance electromagnetic targets, underscoring the district-scale potential of this emerging magmatic sulphide system.

Savannah Goldfields has reported highly anomalous gold assays from rock chip samples at its Big Reef prospects in North Queensland, prompting the start of a targeted drilling campaign to explore resource expansion.

Alkane Resources has unveiled its FY2026 production and cost guidance following its merger with Mandalay Resources, projecting significant growth across its Australian and Swedish operations.

Western Yilgarn Limited has identified seven promising gold exploration targets within its Gascoyne Gold Project, located just 8.7km from Benz Mining’s Glenburgh deposit in Western Australia. The findings stem from a detailed geophysical review highlighting structural and magnetic features analogous to the nearby gold system.

Cluey Ltd has marked a pivotal year with a $4.4 million EBITDA improvement and its first positive operating cash flow quarter, alongside renewed student growth. The company is now pivoting towards AI-driven product expansion to sustain momentum.

Larvotto Resources has raised $10 million through a Share Purchase Plan, bolstering its financial position as it advances the Hillgrove Project toward production slated for Q2 2026.

Credit Clear Limited has reported a remarkable turnaround in FY25, posting record revenue growth and a return to profitability driven by its innovative AI-powered debt resolution platform.

Forrestania Resources has reported its first JORC-compliant inferred mineral resource at the Ada Ann gold deposit, marking a key milestone in its Bonnie Vale project near Kalgoorlie. The near-surface deposit offers promising economics with a low discovery cost and plans for expansion underway.

Cobre Limited has released its first Mineral Resource Estimate for the Comet Deposit within Botswana’s Ngami Copper Project, revealing significant copper and silver resources with promising economic extraction potential.

IRIS Metals has successfully completed test mining at its fully permitted Beecher lithium project and expanded its US footprint with a strategic acquisition, while securing $4.27 million to fund ongoing exploration and development.

True North Copper has reported a significant new high-grade copper-cobalt-silver discovery at its Mt Oxide Project alongside expanded copper-gold-cobalt zones at the Great Australia Mine, underpinning its growth ambitions in Northwest Queensland.

Blue Star Helium has successfully completed its 2025 Galactica drilling program, securing a major permit for CO2 processing and preparing to start commercial helium production in the second half of 2025. The company also raised $4.54 million to fund ongoing development.