Latest Exploration And Resources News

Andean Silver Limited has delivered exceptional high-grade drilling results at its Cerro Bayo Silver-Gold Project in Chile, including a standout intercept of 268g/t gold and 3,045g/t silver over 1.4m at the Trinidad vein. The company is advancing resource upgrades and preparing for the first district-wide drilling campaign in two decades.

Krakatoa Resources (ASX: KTA) has raised $1.6 million through a placement to fund its 2026 drilling and development program at the Zopkhito Antimony-Gold Project. The capital will support efforts to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate, alongside metallurgical and environmental studies.

Genesis Minerals delivered on its FY26 gold production targets for the third consecutive year, advancing the Tower Hill project ahead of schedule and completing the Magnetic Resources acquisition.

Sabre Resources (ASX:SBR) has lodged a prospectus offering up to 530 million new options, aiming to clear trading restrictions and raise capital for exploration and acquisitions.

Sunshine Metals has secured the Mt Moss Operation for $18 million, setting the stage for gold production by mid-2027 and progressing engineering, financing, and exploration activities.

Lode Resources has confirmed extensive near-surface gold mineralisation across multiple prospects at its Uralla Gold Project, NSW, reinforcing the potential for a large Intrusive Related Gold System.

Li-FT Power has reported robust lithium intersections from 20 diamond drill holes at its Yellowknife Lithium Project, confirming and expanding known spodumene mineralisation across multiple pegmatite complexes.

Ore Resources has accelerated its lithium exploration and development at Coolgardie with diamond and RC drilling programs, alongside advancing economic studies and permitting efforts.

Catalina Resources has kicked off a 1,500-sample soil sampling program at its Kirkalocka Gold Project, marking a key step towards drilling and potential resource expansion in Western Australia's Mid-West region.

Sunstone Metals has raised $10 million through a discounted share placement, with strategic investor DGR Global acquiring a 10% stake and board representation. The funds will boost exploration and development at Sunstone’s high-potential gold-copper projects in Ecuador.

Right Resources has locked in a second tranche of A$755,000 in non-dilutive R&D funding for FY2026, boosting its collaboration with the University of Tasmania's CODES to deepen understanding of mineral systems in the Tumbarumba district.

Resources & Energy Group (ASX:REZ) has extended gold mineralisation at its Gigante Grande prospect, confirming significant intercepts 1 km south of the existing resource and supporting a substantial exploration target.