Latest Exploration And Resources News

Estrella Resources has entered a $2 million underwriting agreement to support the exercise of its listed options, ensuring capital inflow ahead of the December expiry.

Kingfisher Mining’s December 2025 drilling at the Copper Blow IOCG prospect near Broken Hill confirms strong, continuous high-grade copper-gold mineralisation, setting the stage for a maiden resource estimate.

Ora Banda Mining’s Phase 1 drilling at Round Dam reveals a significant gold mineralisation system with multiple high-grade shoots, indicating strong potential for large-scale surface mining near existing infrastructure.

Brightstar Resources has completed its strategic acquisition of Aurumin Limited, consolidating its Sandstone gold assets and boosting production by 12% in the December quarter. The company also advanced key feasibility studies, underpinning a promising growth trajectory.

Focus Minerals Limited delivered a record gold pour in November 2025, supported by stable milling and robust mining operations across its Coolgardie Gold Project. The company’s strong quarterly production and solid cash position highlight its operational momentum heading into 2026.

Golden Mile Resources has completed a significant sampling program at its Aurora prospect in Arizona, with assay results expected soon, while Patronus Resources has earned an 80% interest in the Leonora Gold Joint Venture.

Matsa Resources reported solid progress at its Lake Carey Gold Project, delivering $11.73 million in gold sales and initiating new exploration drilling to boost its resource base.

Beacon Minerals delivered a strong December quarter with increased gold production and improved recovery rates, while progressing key mining and exploration activities at the Lady Ida Gold Project.

Macarthur Minerals reported steady progress at its Lake Giles Iron Ore Project during the December 2025 quarter, alongside key board changes and cautious cash management.

Toubani Resources has secured key environmental approvals and a $395 million funding package to propel its Kobada Gold Project in Mali towards construction, alongside launching its largest-ever drilling campaign targeting resource expansion.

Somerset Minerals has secured $3.7 million to accelerate exploration at its Coppermine Project in Nunavut, revealing promising high-grade copper mineralisation over a 7 km fault zone at Jura North. Extensive regional surveys aim to uncover further discoveries across its vast landholding.

Pacific Resources Limited (ASX, PXR) has executed a 19-month option to acquire the high-grade Eastern Victorian Goldfields Project, while progressing exploration at its Tasmanian assets and completing a $1.5 million placement.