Latest Exploration And Mining News

Lunnon Metals and St Ives Gold Mining have finalized the mine schedule for Lady Herial, making their Ore Purchase Agreement unconditional and setting the stage for mining to begin.

Augustus Minerals has secured heritage approval for drilling at its Music Well Gold Project, paving the way for a maiden 1,000-metre drilling campaign targeting the promising Clifton East prospect in early 2026.

Magnetite Mines Limited has been granted a new exploration licence adjacent to its Ironback Hill rare earth element project, expanding its strategic footprint in South Australia’s Braemar Iron Region. The licence offers promising optionality for future rare earth exploration while the company maintains focus on its core iron ore development.

MetalsTech Limited has appointed two seasoned technical directors to its board, aiming to accelerate the development of its Sturec Gold Project in Slovakia. These strategic additions come as the company prepares for an expanded exploration program and the completion of a Pre-Feasibility Study.

Corella Resources has completed the first tranche of a $1 million share placement, issuing over 142 million shares at $0.0035 each. The second tranche and attached options await shareholder approval in early 2026.

Silver Mines Limited reports promising results from a recent drilling program at its Tuena Project, revealing significant gold and base metal mineralisation along a key fault corridor in New South Wales.

The Northern Finland Administrative Court has overturned Kingsrose Mining’s exploration permit for the Penikat Project due to procedural errors by the regulator, delaying planned drilling until at least April 2026. Kingsrose remains confident in the project’s long-term potential despite the setback.

Viridis Mining and Minerals has achieved a critical environmental milestone with the granting of the Preliminary License for its Colossus Rare Earth Project in Brazil, significantly de-risking the development timeline and paving the way for construction in 2026.

Western Mines Group reports significant nickel sulphide mineralisation from deep diamond drilling at its Mulga Tank project, reinforcing its vision of a large-scale hybrid nickel system. Drilling will resume in January 2026 to extend these promising results.

Ballymore Resources has initiated drilling at the Maniopota polymetallic target in North Queensland, complementing ongoing diamond drilling at the nearby Torpy’s prospect. Early indications suggest significant potential for lead, zinc, copper, silver, and gold mineralisation within a major hydrothermal skarn system.

Savannah Goldfields has confirmed significant gold mineralisation at its Red Dam Prospect with new diamond drilling results, highlighting a standout intercept of 2.6m at 34.80 g/t Au. This exploration update reinforces the potential of the Georgetown Gold Project as metallurgical testwork and further drilling are set to follow.

Lefroy Exploration has received a second $0.75 million cash advance from BML Ventures, reinforcing its funding position ahead of key production milestones at the Lucky Strike Gold Project.