Latest Exploration Incentive Scheme News

Evergold Minerals has kicked off a 3,000m reverse circulation drilling campaign at its Mt Monger Gold Project, aiming to confirm high-grade gold mineralisation at Duchess of York and test a newly defined intrusive-related target at Gladiator.

Galileo Mining’s latest diamond drilling at Norseman reveals a newly identified ultramafic sill with 109 metres of PGM mineralisation, reinforcing the project’s potential for multiple stacked intrusive systems along extensive strike lengths.

Mamba Exploration has identified over 20km of gold mineralisation strike at its Meeka East Gold Project, extending the Mulga Bill trend and unveiling new anomalies. The company secured up to $90,000 in co-funding from the WA Government’s Exploration Incentive Scheme to advance drilling plans.

Antares Metals (ASX: AM5) has landed $237,500 in non-dilutive government funding to jumpstart drilling and geophysical surveys at its Quinns Copper-Gold-Zinc Project in Western Australia, targeting the historic Austin VMS deposit and nearby prospects.

Lunnon Metals has delivered significant gold intercepts at its Paringa West prospect, including visible gold in reverse circulation chips for the first time, reinforcing the potential of the Paringa Gold Belt near its Lady Herial mine. Meanwhile, a second government co-funded drill hole is underway at the Plentiful prospect to better define host rock structures.

Hamelin Gold has been granted the Day Dawn exploration licence near the Telfer mine and secured a $180,000 co-funded drilling grant, setting the stage for a significant 3,000 metre RC drilling program targeting high-grade gold mineralisation.

Arika Resources has won a $211,000 government grant to fund deep diamond drilling targeting high-grade extensions at the historic Cosmopolitan Gold Mine in WA’s Kookynie district. The drilling aims to unlock a large, underexplored mineral system with parallels to major regional deposits.

TechGen Metals (ASX: TG1) has reported promising high-grade copper and gold results from multiple Western Australian projects, while gearing up for extensive drilling campaigns through 2026.

Trek Metals has won two co-funded geophysical grants under WA’s Exploration Incentive Scheme, advancing manganese and gold exploration at Christmas Creek with drilling set to start in May.

Dynamic Metals has confirmed gold mineralisation at around 300 metres depth at its Cognac West prospect, signalling potential for a vertically extensive system beneath previously shallow targets.

Metal Hawk has obtained $175,000 in government co-funding to advance diamond drilling at its Leinster South Project, focusing on a structurally significant gold target.

Cosmo Metals has locked in a diamond drill rig to advance its high-impact program at the Kanowna Gold Project, targeting deep gold mineralisation near the Fitzroy Fault with government co-funding.