Latest Exploration And Mining News

ASF Group Limited reported a $1.3 million net increase in cash for the March quarter, driven by equity conversions and placements across its portfolio, while advancing engine technology and exploring digital currency exchange services.

Metal Bank is pushing towards near-term gold production in Western Australia and expanding its critical minerals footprint in Queensland, backed by new processing partnerships and exploration milestones.

Kincora Copper has kicked off a capital-efficient, sole-funded drilling campaign at its 100%-owned Condobolin gold-silver-base metals project in NSW’s Cobar Basin, targeting extensions to the high-grade Meritilga discovery and testing new geochemical and geophysical anomalies.

Carnavale Resources has secured a key mining lease and reported robust high-grade gold drilling results at Kookynie, keeping its Bankable Feasibility Study on track for early Q3 2026 delivery.

Infinity Mining has inked a binding farm-in and joint venture deal with Mining One to fund exploration and drilling at its Victorian gold-antimony projects, unlocking a fully financed pathway to test high-priority targets.

Meeka Metals has secured a strategic 71km2 package of gold tenements around Mt Holland, aiming to unlock further ounces with a 20,000m drilling campaign over the next 12-18 months.

American Uranium Ltd (ASX:AMU) has initiated a non-renounceable entitlement issue to raise approximately AUD 2.59 million, primarily to advance exploration and development at its Lo Herma uranium project in Wyoming.

Galileo Mining maintains a strong cash position of approximately A$8.2 million as it confirms extensive PGE-nickel-copper mineralisation at Norseman's Mission Sill and completes deep diamond drilling beneath the Callisto deposit.

Unity Metals reveals broad stacked gold zones beneath cover at Rohav Mountain and high-grade veins at Ngot Central, reinforcing potential for intrusion-related gold deposits near Cambodia's Okvau Mine.

Dalaroo Metals appoints Trystan Hughes as Exploration Manager for Greenland and Western Australia, bolstering expertise as sediment sampling at Blue Lagoon Project reveals elevated zirconium consistent with a sediment-hosted critical minerals system.

Western Mines Group has streamlined its exploration portfolio by divesting non-core tenements and acquiring two promising greenfield nickel-copper sulphide projects along the Yilgarn Craton margins, aligning with its magmatic sulphide expertise.

Gold Mountain Limited (ASX: GMN) has announced assay results from 41 diamond drill holes at its Irajuba IR-1 prospect in Brazil, doubling the drilled resource area and confirming thick zones of high-grade rare earth mineralisation with a strong magnet rare earth oxide content.