Latest Exploration Incentive Scheme News

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.

Tali Resources has identified significant new geophysical anomalies at its West Arunta Project, highlighting two promising prospects and securing a $220,000 grant to advance drilling plans in 2026.

Great Boulder Resources has reported significant new gold intersections at its Side Well Project in Western Australia, including a standout 4m at 11.55g/t gold hit 4km north of Ironbark and a 500m extension of the Eaglehawk deposit. These results suggest the project’s mineralisation footprint may be larger than previously understood.

Rox Resources is poised to commence underground development at its Youanmi Gold Project with the first decline cut scheduled this week, while a Definitive Feasibility Study is due shortly, marking a critical phase in its path to production.

Redstone Resources reports promising copper and cobalt assay results from deep drilling at its West Musgrave project, supported by multiple government grants and a recent $650,000 capital raise to advance exploration.

Western Mines Group has reported significant nickel sulphide mineralisation in its ongoing Phase 4 drilling at the Mulga Tank Project, alongside securing $3.72 million in fresh capital to accelerate exploration efforts.

Constellation Resources advances its exploration in Western Australia with encouraging natural hydrogen and copper-gold findings, supported by CSIRO studies and a $2.1 million capital raise.

Red Metal Limited reports significant progress across its rare earth, gold, and copper projects, alongside a $16 million capital injection into its Maronan Metals subsidiary. Key drilling and metallurgical studies set the stage for resource upgrades and scoping studies in 2026.

Solara Minerals has bolstered its exploration portfolio with the acquisition of the OD4TP gold and copper projects near the prolific Degrussa Mine, complemented by new geophysical surveys and a $180,000 government grant to support upcoming drilling.

Everest Metals has won a competitive co-funded drilling grant from the WA Government, boosting its Mt Dimer Gold Project exploration with up to $90,000 in support. This funding will underpin a targeted drilling campaign in early 2026 aimed at expanding known gold and base metal mineralisation.

Enterprise Metals Limited reported promising drilling results and secured significant funding to advance multiple Western Australian projects in gold, copper, and rare earths exploration.

Cosmo Metals has kicked off its first drilling program in nearly 30 years at the Spring Creek prospect in NSW, backed by a $2 million capital raise and government funding to advance exploration across its NSW and WA projects.