Latest Exploration Incentive Scheme News

Scorpion Minerals has solidified its position in Western Australia’s Murchison region by acquiring the Old Prospect gold tenements and progressing strategic partnerships, setting the stage for extensive drilling and resource upgrades.

Encounter Resources (ASX:ENR) has reported a major 83% increase in the Green deposit’s inferred niobium resource at its Aileron project, lifting the combined inferred mineral resource by 54%. Meanwhile, copper-gold drilling advances in the Paterson Province as the company targets Havieron-style systems.

TechGen Metals has reported a standout 20m @ 1.14% copper intercept at Mt Boggola and secured key drilling approvals at Blue Devil, setting the stage for multiple exploration campaigns in 2026.

Western Mines Group reported strong March quarter progress at Mulga Tank, delivering high-grade nickel sulphide results and expanding its project portfolio with new acquisitions and a magnesite supply MoU.

Buxton Resources has secured all key approvals to start drilling at its Madman Project and agreed to sell its 49% interest in the Copper Wolf JV to IGO for about A$6.15 million, shifting its focus to Australian exploration.

Premier1 Lithium completed its maiden RC drilling at Yalgoo and confirmed expanded gold anomalies at Rochefort through advanced geophysical surveys, setting up follow-up drilling in 2026.

Kalgoorlie Gold Mining has confirmed gold mineralisation extending to 300 metres depth at its Pinjin Gold Project, triggering its most ambitious drilling campaign to date, including extensive RC, diamond, and aircore programs.

Cosmo Metals has kicked off a targeted RC drilling campaign at its Kanowna Gold Project in WA, aiming to unlock significant gold deposits along the Kanowna Shear Zone with government co-funding support.

Catalina Resources has broadened its exploration footprint at Beasley Creek, unveiling multiple new copper-gold-silver targets along a key structural corridor and securing $180,000 in Western Australian government funding to kickstart drilling.

BPM Minerals has completed key surveys at its Bonnie & Clyde Prospect within the Forelands Gold Project, setting the stage for maiden drilling in Q3 2026. The project’s geological complexity and strong geochemical anomalies underline its potential for a major gold discovery.

Cauldron Energy has won two co-funded grants totaling up to AUD 217,750 from the WA Government’s Exploration Incentive Scheme to advance uranium exploration at its Yanrey Project, targeting key palaeochannels including the high-priority Curtis channel.

GreenTech Metals has consolidated a dominant West Pilbara position by acquiring 70% of the Munni Munni PGE-Cu-Ni Project and completed a cost-saving Phase 1 drilling and historic core resampling program. Early data hints at significant resource expansion ahead of a JORC 2012 upgrade.