Latest Exploration Incentive Scheme News

Miramar Resources has validated the presence of Noril’sk-style copper-nickel-PGE mineralisation at its Bangemall Project in Western Australia, despite ending its joint venture with Sumitomo Metal Mining. The company plans to continue exploration in 2026, seeking new partners and government co-funding.

Lachlan Star’s latest drilling at the Killaloe Gold Project confirms extensive near-surface gold mineralisation and sets the stage for deeper exploration backed by government funding.

RareX Limited has completed heritage clearance at its Khaleesi Project, paving the way for a 3,000m drill campaign targeting extensive high-grade gallium-rich clays and rare earth mineralisation in early 2026.

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.