Latest Exploration And Resources News

Sunshine Metals has released a comprehensive scoping study for its Liontown Gold Operation in North Queensland, outlining a promising initial production target of approximately 75,000 ounces of gold and 654,000 ounces of silver. The study highlights strong financial metrics and a pathway to production by late 2026, with further resource updates expected.

Tarrina Resources has integrated historic and new geophysical data to reveal significant untested copper-gold-cobalt targets at its Walparuta Project in South Australia, highlighting a large magnetic-gravity anomaly down dip from known mineralisation.

Accelerate Resources has revealed multiple high-grade manganese discoveries grading up to 59.4% Mn along a newly defined 4km corridor at its Woodie Woodie North Project in Western Australia. The company plans maiden drilling after heritage clearances to test these promising targets.

Austral Resources is set to begin an 18-hole drilling campaign at its Rocklands project to enhance confidence in its copper-gold resource and optimise processing. Results expected through Q3 2026 will inform next steps in resource development and plant efficiency.

AuMEGA Metals has launched a C$10 million private placement to fund an extensive drilling program targeting high-potential gold and base metal prospects in Newfoundland’s Cape Ray District. The financing aims to unlock value from its significant mineral resources and strategic landholdings.

European Resources Limited has reported promising drill results with strong neodymium-praseodymium enrichment at its Korsnäs rare earth project in Finland, alongside advancing metallurgical test work aimed at optimising extraction processes.

Kuniko Limited has commenced its first diamond drilling campaign at the Commonwealth Gold-Silver Project in NSW’s Lachlan Fold Belt, targeting extensions to known high-grade mineralisation. The Phase 1 program aims to expand the resource base and unlock district-scale potential.

Matsa Resources launches a major drilling campaign at Fortitude North targeting up to 1.85 million ounces of gold, supported by a $17.5 million loan facility from major shareholder Deutsche Balaton.

LinQ Minerals has reported a major shallow gold and copper discovery 160 metres south of its Gidginbung open pit, revealing thicker and higher-grade mineralisation than previously expected. This breakthrough could significantly expand the resource potential of the Gilmore Project in New South Wales.

Empire Resources has successfully raised A$5 million through a two-tranche placement to accelerate exploration at its Yuinmery and Penny’s projects, with strong backing from existing and new investors.

Diablo Resources has secured a geophysical contractor to commence an induced polarisation survey at its high-priority Star Range Silver-Antimony Project, while maiden drilling at the Phoenix Copper Project confirms encouraging copper mineralisation.

Wildcat Resources has successfully intercepted spodumene in every drill hole at its Bolt Cutter Central lithium discovery in Western Australia, advancing metallurgical testing and exploration plans.