Latest Exploration Discoveries News

Discovery Alaska has secured commitments for a A$900,000 placement and says Boulder Creek is ready for drilling, but its reported cash balance covers only about 2.07 quarters at the latest spending rate. The company is also progressing its proposed Cuddingwarra acquisition, with several key steps still requiring approval or completion.

BMC Minerals has intersected significant silver, zinc, gold, copper and lead mineralisation in all nine reported holes at the Rhyolite Peak prospect, 1.2km from its proposed ABM mine. Six further assays are pending as the company moves toward completing its 20,000m 2026 drilling program.

Pure One Corporation Limited (ASX:P1E) reported FY26 net profit after tax of A$5.070 million, alongside A$7.191 million in cash and term deposits. The company is positioning battery-swappable heavy vehicles and electric vans as its growth engine, while retaining sizeable interests in gas and clean-energy ventures.

Brazilian Rare Earths has identified a new high-grade rare earth system at Sulista South, with mineralisation traced across about 500 metres and grades reaching 13.3% TREO. Step-out and infill drilling at Sulista East has also extended the known footprint and strengthened the case for a larger year-end resource estimate.

NewPeak Metals will begin a minimum 1,000-metre Phase 2 diamond drilling program at Las Opeñas in Argentina in mid-October, targeting a potentially gold-richer zone west of its recent long intercepts. The campaign is funded from the company’s completed placement, but the higher-grade western extension remains untested.

Trek Metals has reported a second batch of shallow, high-grade manganese assays from Kuro, including 7 metres at 40.2% Mn from just 7 metres. The results bring the discovery into a larger 2,500-metre Phase 2 drilling campaign targeting geophysical anomalies across the Christmas Creek project.

Hot Chili has reported a 398-metre copper-gold intersection from surface at its La Verde discovery in Chile, including 62 metres at 0.91% CuEq. The results extend the case for a higher-grade starter pit, but the project remains an exploration discovery with no Mineral Resource declared.

Paladin Energy completes Langer Heinrich Mine ramp-up, delivering strong FY2026 results and advancing its Canadian PLS Project with a new uranium discovery. FY2027 guidance forecasts stable production and costs amid ongoing regulatory progress.

Maritana Minerals secures 83.5km2 of key tenements adjacent to its Black Swan Processing Hub, positioning for potential infrastructure expansion and exploration growth in the Western Australian Goldfields.

McLaren Minerals has identified a vast 54-kilometre zircon-rich mineral sands system with promising rare earth element potential at its Barossa Project in South Australia’s Eucla Basin. Historical data and geological reinterpretation reveal multiple mineralised centres, setting the stage for further exploration.

Red Hill Minerals highlights a strong dividend-paying model backed by diversified royalties and a vigorous 2026 exploration agenda at the RIU Explorers Conference.

Discovery Alaska Limited has completed a $354,000 private placement to fund exploration at its Boulder Creek Gold-Silver Project in Idaho, with additional project opportunities under review.