Latest Exploration And Resources News

Resources & Energy Group Limited (ASX, REZ) has announced a substantial JORC-compliant exploration target at its Gigante Grande Central Domain, estimating up to 500,000 ounces of gold. An extensive 8,750m drilling program is planned to commence in early 2026 to test and expand this promising resource.

Yandal Resources has completed the sale of its Gordons Gold Project, receiving $2.81 million in combined cash and shares, and significantly strengthened its cash position to approximately $18 million post-quarter. This financial boost positions the company to accelerate exploration activities in 2026.

African Gold Limited has exercised its option to acquire an 80% interest in Kouroufaba Gold Limited, significantly expanding its exploration portfolio across 1,428 square kilometres in Côte d’Ivoire’s Birimian greenstone belts.

Dart Mining has announced a substantial Exploration Target at its Triumph Gold Project in Central Queensland, outlining a promising growth pathway beyond its existing resource base. The target highlights both near prospect extensions and new regional deposits, setting the stage for an extensive drilling campaign.

Lefroy Exploration has initiated diamond drilling at its Burns Gold Deposit, targeting the high-grade core to enhance metallurgical understanding and resource potential. This move follows promising earlier test results and sets the stage for further resource expansion.

Novo Resources reports impressive high-grade gold assays from the Teichman area and significant gold-antimony intercepts at Sherlock Crossing, setting the stage for expanded drilling in 2026.

Tolu Minerals has appointed Dr Chris Muller as Managing Director and CEO, signaling a strategic push towards ramped-up exploration and resource development in Papua New Guinea.

Ballymore Resources has kicked off drilling at the Torpy’s Crooked Creek silver-lead-zinc mine near Chillagoe, targeting extensions of a historically rich deposit with promising modern geophysical data.

Aureka Limited has sold its interest in the Tandarra Joint Venture for $1.3 million, settling related court disputes and redirecting funds to advance drilling at its promising Irvine Gold Project.

Western Mines Group advances its Mulga Tank nickel project with a new deep diamond drill hole and an electromagnetic survey, backed by recent capital and government grants.

High-Tech Metals has increased its ownership in the Mt Eureka Gold Project to 75%, consolidating its position in Western Australia’s Northern Goldfields and setting the stage for expanded exploration and resource growth.

Piche Resources has successfully raised approximately AUD 2 million through an oversubscribed placement, attracting strong institutional interest and issuing free attaching options to support its Argentine exploration projects.