Latest Exploration And Resource Growth News

Peel Mining Limited has successfully raised $21.25 million to fund accelerated exploration, reporting significant gold intercepts at its Nombinnie Prospect and initiating a major drilling campaign at the Southern Nights Complex.

Ardiden Ltd has kicked off a significant 15,000-metre diamond drilling program at its Rouyn Gold Project in Québec, aiming to expand resource potential at the Astoria zone within a prolific mineralised corridor.

Andean Silver has reported exceptional high-grade silver and gold drilling results at its Cerro Bayo Project in Chile, alongside a successful A$36 million capital raise to accelerate resource growth and development.

Prospect Resources has completed its Phase 2 drilling at the Mumbezhi Copper Project in Zambia, revealing extended copper mineralisation and significant gold by-product potential. The company is well-funded and poised for updated resource estimates in early 2026.

Prodigy Gold NL reported significant gold intercepts from its Tanami North Project, alongside environmental baseline studies and a new 3D structural collaboration with CSIRO, positioning the company for future mining development.

Cygnus Metals has identified two promising gold prospects within its Chibougamau Project in Quebec, with plans for drilling to expand its resource base and resume work at Golden Eye.

Ora Banda Mining has reported significant high-grade gold drilling results at its Waihi Project, expanding the mineralisation envelope at the Golden Pole Lode and revealing a new lode west of the historic mine. These findings bolster the case for Waihi as the company’s third underground mine.

Accent Resources NL has withdrawn a previously stated production target for its Magnetite Range Project, clarifying the figure was aspirational and non-compliant with ASX rules. The company continues to advance its flagship magnetite development in Western Australia, highlighting its alignment with green steel demand.

Iltani Resources reports exceptional silver-indium assay results from its Orient Project’s Link Zone in Queensland, confirming potential to connect key mineral resources. Backed by a fresh $8 million investment, the company plans an aggressive drilling program to expand and upgrade its resource base in 2026.

Titan Minerals has confirmed a significant 150-metre extension of gold and silver mineralisation at its Dynasty Gold Project in Ecuador, with promising drill results reinforcing the potential for further resource growth. A Mineral Resource Estimate update is anticipated in the first quarter of 2026 amid advancing strategic discussions with Lingbao Gold International.

African Gold Limited has reported significant step-out drilling results at its Blaffo Guetto deposit in Côte d’Ivoire, extending gold mineralisation beyond previous estimates and reinforcing the project’s scale and potential under new Montage Gold ownership.

Gorilla Gold has announced a transformative 900% increase in the Mineral Resource Estimate at its Comet Vale Gold Project in Western Australia, now boasting 0.86 million ounces at a robust 3.7 grams per tonne. This milestone significantly bolsters the company’s high-grade gold portfolio across the region.