Latest Exploration And Resources News

Genesis Minerals is poised to boost its gold output to an aspirational 500,000 ounces per annum following its strategic acquisition of Magnetic Resources and the construction of a new Tower Hill mill in Western Australia.

Trek Metals has won two co-funded geophysical grants under WA’s Exploration Incentive Scheme, advancing manganese and gold exploration at Christmas Creek with drilling set to start in May.

Resource Minerals International Ltd (ASX:RMI) has raised $3.5 million through a share placement to fund upcoming drilling programs in Tanzania and Saudi Arabia, targeting copper-gold and precious metals.

Golden Deeps Ltd has reported significant progress at its Otavi Critical Metals Belt projects in Namibia, unveiling exceptional high-grade copper, silver, zinc, lead, germanium, and rare metal results from drilling and sampling at the Graceland prospect alongside resource expansions and ongoing exploration.

Metal Hawk has obtained $175,000 in government co-funding to advance diamond drilling at its Leinster South Project, focusing on a structurally significant gold target.

Ballymore Resources is raising $3.24 million through a non-renounceable entitlement offer to fund drilling, geophysical surveys, and trial mining across key Queensland projects, including Dittmer and Ruddygore.

Minerals 260’s latest drilling at Bullabulling delivers strong high-grade gold results, bolstering confidence in resource continuity and underpinning upcoming reserve and feasibility studies.

AKORA Resources has secured a 25-year mining permit for its flagship Bekisopa iron ore project, a critical step toward development, but faces suspension from ASX quotation due to late reporting.

Waratah Minerals has delivered a second exceptional >200 gram-metre gold intercept at its Consols Zone, significantly expanding the Spur Project’s high-grade footprint in New South Wales. Concurrent drilling at the Spur Zone continues to confirm robust near-surface mineralisation, underpinning the company’s aggressive growth ambitions.

Matsa Resources has kicked off a major diamond drilling campaign at Fortitude North targeting up to 1.85 million ounces of gold while reporting robust $28.7 million gold sales and $6.1 million EBITDA from the Devon Pit Gold Mine.

Aldoro Resources has defined high-priority gold targets at its Damara Gold Project and confirmed significant rare earth and associated mineralisation at Kameelburg, with drilling and metallurgical progress underpinning its dual-commodity strategy.

Diablo Resources has identified multiple high-grade silver-antimony-copper-gold trends at its Star Range Project in Utah, with maiden drilling scheduled for Q2 2026. Early drilling at the Phoenix Copper Project also confirmed shallow copper mineralisation, supporting further exploration.