Latest Exploration And Resources News

Zenith Minerals has successfully raised A$3.5 million through a fully underwritten rights issue, positioning the company to fast-track exploration and resource growth at its key gold projects in Western Australia and Queensland.

Catalina Resources is set to commence drilling at its Laverton project, aiming to expand on promising gold and rare earth element mineralisation previously identified near the Mt Weld REE Mine.

Strickland Metals reports strong gold assay results from its Gradina Prospect within the Rogozna Project, reinforcing the potential for a maiden resource estimate by late 2025.

Capricorn Metals has agreed to acquire the Claw Gold Project adjacent to its Mt Gibson operation, aiming to unlock new gold resources in Western Australia’s prolific Murchison region.

Olympio Metals has expanded its diamond drilling program at the Bousquet Gold Project in Quebec, targeting the Amadee Prospect adjacent to the high-grade Paquin zone. The move aims to explore a potentially continuous gold-bearing structure with assay results expected soon.

OzAurum Resources has kicked off a 17-hole Reverse Circulation drilling program targeting high-grade gold at its Mulgabbie North Cross Fault discovery, aiming to build on promising earlier results and recent geological insights.

Buxton Resources has commenced its inaugural drilling program at the Centurion Project, targeting a large IOCG geophysical anomaly in Western Australia, with government co-funding easing costs. Initial assay results are expected by early October.

Prospect Resources reports promising Phase 2 drilling results at its Mumbezhi Copper Project in Zambia, highlighting significant copper intersections and expanded exploration initiatives. The company’s collaboration with First Quantum Minerals and structural experts underpins its ambition to substantially grow the project’s resource base.

Gorilla Gold reports significant high-grade gold assay results expanding the King Kong lode at its Comet Vale Project, with drilling ramping up ahead of a major resource update planned for Q4 2025.

Anson Resources has expanded its Green River Lithium Project in Utah by acquiring 100 new placer claims, increasing the landholding by 10% and identifying promising re-entry targets in historical wells to potentially enhance lithium resource estimates.

Gold Mountain Limited reports promising high-grade rare earth element anomalies and new gold targets at its Varzedo Prospect in Brazil, advancing its Down Under Rare Earths Project.

Australian Mines Limited reveals promising exploration outcomes from its Boa Vista Gold Project in Brazil, highlighting significant gold intercepts and a strategic earn-in agreement. The project’s open mineralisation and upcoming drilling program signal strong growth potential.