Latest Exploration And Resources News

Westgold Resources has outlined a fully funded plan to lift gold production to 460-510koz by FY29 while reducing AISC to A$2,640-A$3,000/oz. The formal outlook excludes its potentially transformative Fletcher Zone, leaving a sizeable but still conceptual growth option beyond the plan.

Catalyst Metals has lifted the Keillor gold Resource from 81koz to 307koz after a major drilling campaign, while the operating mine ramps up near the Plutonic processing plant. The company expects an Ore Reserve update to extend Keillor’s initial three-year mine life.

Ordell Minerals has completed about 25,000 metres of drilling at its Barimaia gold project and begun a further 14,000-metre campaign aimed at delivering a maiden Mineral Resource Estimate for McNabs East in the December 2026 quarter. The exploration push comes as the pre-revenue company reports an increased annual loss but a stronger $8.2 million cash balance after equity raisings.

Hawk Resources has obtained all necessary government approvals to begin exploration at its Olympus scandium project in Western Australia, targeting a significant scandium anomaly with plans to fast-track drilling.

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.

Kingfisher Mining’s first drilling at Stephens Trig since 2017 confirms significant high-grade silver, lead, and zinc mineralisation, reinforcing its Broken Hill portfolio and strategic development options.

DeSoto Resources has significantly expanded its exploration footprint in Guinea’s prolific Siguiri Goldfields, restarting a major drilling campaign and launching new geophysical and soil sampling programs across over 1,300 square kilometres of tenure.

Hawk Resources has cleared a major regulatory hurdle with the WA Minister for Aboriginal Affairs approving a Mining Entry Permit for its Olympus scandium project, paving the way for exploration activities to begin by September 2026, pending final government consents.

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.

Industrial Minerals Ltd has finalised its takeover of Galleon Metals, adding a 205km² gold exploration portfolio in WA’s Eastern Goldfields. The company also announced key board appointments, including a new Managing Director with direct Laverton expertise.

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.

Green & Gold Minerals (ASX:GG1) has revealed significant copper, silver, and tin mineralisation at its Elizabeth Bluffs prospect within the Herberton Conductor Metals Project, supported by historic data and recent sampling. A 3,000m drill campaign at Mt Wandoo is set to commence in September 2026, aiming to extend high-grade gold-silver zones.