Latest Exploration And Joint Ventures News

MRG Metals has secured $725,000 through a placement and initiated a $750,000 Share Purchase Plan to accelerate development at its ultra high-grade Garies Rare Earth Project in South Africa and exploration in Mozambique.

Strategic Energy Resources (ASX:SER) is gearing up for a major 2026 field season with three high-impact diamond drilling programs across its Queensland copper-gold projects, backed by joint ventures and government grants. A $1.5 million capital raise recently completed will support drilling activities, while a new $6 million JV with Sumitomo Metals Mining targets the Bulimba Gold Project.

Impact Minerals’ JV partner Kuniko has kicked off Phase 2 diamond drilling at the Commonwealth-Silica Hill Project in NSW, aiming to expand newly discovered high-grade gold-silver zones. The initial 1,300m program follows a 100% success rate in Phase 1 and sets the stage for a resource upgrade in late 2026.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali BDT2 deposit in Côte d'Ivoire, reinforcing resource growth potential ahead of a major Mineral Resource Estimate update and Definitive Feasibility Study.

Provaris Energy has hit a major FEED milestone, submitting its detailed engineering package for the YP-Provaris LCO2 tank to DNV for maritime certification, positioning the company for significant CCS supply chain opportunities.

Freehill Mining’s aggregates business surged with a 59% jump in quarterly sales, while new copper project options promise to shift the company’s growth trajectory.

Electro Optic Systems (ASX: EOS) reported a 13% increase in contract backlog to A$518 million in Q1 2026, driven by multiple major defence orders and the opening of a new Singapore facility. The company’s cash position remains strong despite a $4 million ASIC penalty.

Sunrise Energy Metals has confirmed strong economics for its Syerston Scandium Project with a US$120 million feasibility study, targeting 60 tonnes per year of scandium oxide and potential expansion to 180 tonnes. The project benefits from US government financing interest and rising global demand amid Chinese export restrictions.

EcoGraf Limited has signed a non-binding MoU with Taiwan’s Long Time Technology to develop HFfree® purification facilities and expand battery anode operations across South East Asia and Taiwan, aiming to tap into Tier-1 OEM supply chains.

Impact Minerals has commenced diamond drilling at its Commonwealth Gold-Silver Project in NSW, aiming to expand known resources and explore promising copper targets under a joint venture with Kuniko Limited.

Aurum Resources has reported significant high-grade gold intercepts extending mineralisation depth at its Boundiali project in Côte d'Ivoire, alongside a major strike extension at the BDT1 deposit. These results underpin imminent resource updates and feasibility studies.

PolarX Limited reported steady progress in its Nevada and Alaska exploration projects during the December 2025 quarter, with key drilling programs completed and a significant joint venture funding milestone achieved with Northern Star Resources.