Latest Exploration And Feasibility News

Lowell Resources Fund (ASX: LRT) reported a 48.7% increase in profit to nearly $33 million for FY2026, alongside a 37.6% rise in net assets to $99.5 million, driven by strong junior resources sector performance despite mid-year commodity volatility.

American West Metals (ASX: AW1) reported significant exploration breakthroughs at its West Desert Project in Utah and ongoing Pre-Feasibility Study progress at the Storm Copper Project in Nunavut, backed by a $10 million capital raise.

Andean Silver has boosted its Cerro Bayo silver-gold project Indicated Resource by 230%, reaching 60 million ounces silver equivalent, underpinning its push toward feasibility and production restart.

Ardea Resources pushes back the completion of its Kalgoorlie Nickel Project DFS to pursue optimisation opportunities, while securing strong multi-level government backing and maintaining a robust financial position.

Andean Silver has identified the Juanita Prospect at Cerro Bayo, Chile, with surface samples hitting up to 62,663g/t silver equivalent, pointing to a potentially significant silver-gold system outside its existing 136Moz resource.

Brightstar Resources (ASX:BTR) is advancing its Goldfields and Sandstone projects in Western Australia with full funding secured, targeting first gold production at Goldfields by mid-2027 and aiming for top 10 national producer status by 2029.

Gold Hydrogen gears up for critical Ramsay Project flow testing of Natural Hydrogen and Helium, while advancing a green methanol feasibility study with Mitsubishi Gas Chemical.

Audalia Resources (ASX: ACP) is seeking to raise $450,000 through a placement of 15 million shares at 3 cents each, aiming to fund the Medcalf project’s progression and shore up working capital.

Platina Resources has completed its acquisition of the Mt Morgans South Project from Genesis Minerals, adding 18 tenements in a prolific gold district and setting the stage for a focused exploration campaign.

Lion Rock Minerals has reported robust drilling results from its expansive Minta Project in Cameroon, reinforcing its ambition to become a major global producer of rutile and monazite. The company targets a maiden Mineral Resource Estimate later this year amid promising assay outcomes from key tenements.

PC Gold has acquired the former Territory Iron accommodation camp near its Spring Hill Gold Project for A$770,000, gaining 64 rooms and full utilities. The move cuts capital costs and development time, supporting exploration and mine development.

Lithium Energy nears completion of a major drilling campaign that reveals a substantial Exploration Target between its Burke and Mt Dromedary graphite deposits, while concurrently advancing the $20 million sale of its graphite assets.