Latest Exploration And Resource Growth News

Skylark Minerals has expanded the mineralised footprint at its M’Basso Prospect to nearly 2km of strike, confirming continuity of key gold zones and setting the stage for a resource upgrade in Q4 2026.

GoldArc Resources has confirmed a previously untested blind gold vein system at its Whistler Prospect within the Leonora South Gold Project, delivering promising assay results from its second round of reverse circulation drilling.

Ora Banda Mining delivered record FY26 results with a 53% jump in gold production and doubled revenue to $807.5 million, underpinning its DRIVE to 300 growth strategy targeting 300,000 ounces annually by FY29.

Meeka Metals has finalised its purchase of three gold deposits near Mt Holland, Western Australia, setting the stage for a resource update and extensive drilling to unlock further value.

Adavale Resources' latest assays from five drill holes reveal consistent, wide gold mineralisation beneath the London-Victoria open pit, reinforcing expectations for a resource upgrade this quarter.

Turaco Gold’s latest drilling at the Adiopan-Asupiri Deposit reveals strong high-grade gold intercepts, underpinning further resource growth within the 4.65Moz Afema Project in Côte d’Ivoire.

Rimfire Pacific Mining has appointed Bronwyn Barnes as Executive Chair and secured $2.3 million in a placement to advance its scandium exploration and development strategy.

GoldArc Resources (ASX:GA8) has struck a binding deal to acquire seven tenements from Regener8 Resources, extending its Leonora South gold corridor in Western Australia. The move consolidates contiguous ground adjacent to existing high-grade deposits, positioning GoldArc for accelerated exploration.

Arika Resources has locked in strong assay results extending gold mineralisation at Yundamindra and commenced drilling at Kookynie, backed by full project ownership and a $6.55 million placement.

Perseus Mining reported a robust June quarter with 109,013 ounces of gold produced at an AISC of US$1,941/oz, record FY26 cashflows of US$769 million, and Nyanzaga Gold Project 67% complete on track for January 2027 production.

Leeuwin Metals has secured a key mining lease at Evanston, placing all its Marda Gold Project resources on granted leases, while promising drill results and a strategic collaboration set the stage for resource expansion and project development.

Metals X reported a steady tin output at Renison with a 5.9% tin price lift boosting revenue and EBITDA despite increased costs and a marginal net cash flow dip. Capital projects and exploration advanced, while the company’s strong cash reserves underpin its growth ambitions.