Latest Exploration And Resources News

Austral Resources has defined multiple high-grade copper-gold exploration targets near its Rocklands processing facility, setting the stage for a sequenced, low-capex growth strategy with drilling planned from late 2026.

Verity Resources has reported robust initial results from its Phase 2 drilling at the Korong deposit, reinforcing confidence in its 154,000-ounce inferred gold resource and setting the stage for an upgrade to higher confidence categories.

Resource Minerals International Ltd has successfully raised $1 million through a share placement to fund exploration projects across Saudi Arabia, Tanzania, and Finland, while also achieving a debt-free status.

Ora Banda Mining has reported significant new high-grade gold intercepts from drilling at its Sand King northern corridor, pointing to a potential expansion of its mining inventory and extended mine life.

Anson Resources has secured regulatory approval for a revised drilling approach at its Mt Fuel-Skyline Geyser Well in Utah, overcoming unexpected blockages to advance lithium exploration.

Corella Resources is raising $1 million through a two-tranche share placement aimed at advancing exploration projects and evaluating new opportunities. The placement includes free attaching options, pending shareholder approval.

Paterson Resources has wrapped up the first phase of its drilling campaign at the Grace Gold-Copper Project, setting the stage for a resource upgrade and scoping study in 2026.

Taruga Minerals has entered a 12-month option to acquire two advanced gold and copper projects in Papua New Guinea, backed by a $1.5 million capital raise to fund exploration and resource development.

Zeus Resources has secured Forestry Department approval to begin trenching at its Casablanca Antimony Project in Morocco, clearing a key regulatory hurdle for exploration. The program aims to refine geological understanding and target high-grade antimony mineralization.

Loyal Metals has intersected 60 metres of rich chalcocite copper mineralisation near the surface at its Highway Reward Project, confirming the presence of extensive copper-gold deposits and advancing exploration efforts with a third drill underway.

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.

Cannindah Resources has appointed Cameron Switzer as Managing Director and CEO, signaling a strategic push in its Mt Cannindah Copper-Gold Project. The company also sees a leadership reshuffle with the resignation of Chair Michael Hansel and appointment of Tony Rovira as Chair.