Latest Exploration Incentive Scheme News

Constellation Resources has advanced its Western Australian exploration with granted permits targeting natural gas, hydrogen, and helium, alongside promising copper-gold drilling results at Ularring. The company is raising $3.22 million through an entitlement offer to fund further exploration.

Javelin Minerals is set to drill two major gold-copper targets at its Coogee Gold Project in WA, leveraging WA Government funding to test large, previously untested magnetic anomalies that may host significant mineralisation.

Critica Limited’s recent drilling at the Juno satellite deposit within the Brothers Rare Earth Project has revealed multiple shallow, high-grade rare earth intersections across a 45 km2 area, reinforcing the project’s growth potential and metallurgical compatibility with the flagship Jupiter deposit.

Torque Metals has boosted its Paris Gold Project resource by 40% to 351,000 ounces at 3.1g/t gold, underpinning an ambitious new growth strategy, Project RPM, aimed at rapidly expanding its South Kalgoorlie Gold Camp to a 1 million ounce high-grade resource.

Falcon Metals has cleared regulatory and heritage hurdles to launch its maiden drilling at the Olsen Well gold target, expanding its footprint along the Errabiddy Shear Zone with promising rock chip results underpinning exploration.

Evergold Minerals has delivered its highest-grade gold intercepts at Mt Monger’s Duchess of York and confirmed mineralisation at Gladiator, while advancing environmental and geochemical work at Leonora with a solid $4 million cash buffer.

Tali Resources has kicked off a broad aircore drilling campaign at its West Arunta Project, backed by a $3 million placement and a $270,000 government grant to fund further prospect testing.

Mamba Exploration has completed its acquisition of a 70% stake in the Meeka East Gold Project, identified over 20km of gold anomalies through soil sampling, and secured $90,000 in government co-funding for an upcoming drilling program.

West Coast Silver (ASX:WCE) has delivered a maiden 2.8 million ounce silver resource at Elizabeth Hill, with recent drilling revealing new high-grade zones and potential nickel-copper-palladium mineralisation, underpinning a clear growth and development plan.

Catalina Resources has significantly expanded its Mid-West gold portfolio through strategic acquisitions funded by a $3 million placement, while advancing exploration with maiden drilling and promising assay results.

Everest Metals has kicked off a 2,000m reverse circulation drilling program at its Mt Dimer Exploration Project in Western Australia, supported by a $145,000 co-funding grant from the WA Government’s Exploration Incentive Scheme. The campaign targets three high-priority gold anomalies adjacent to existing mining operations, aiming to extend known mineralisation.

Black Canyon's pilot scale Dense Media Separation testwork boosts manganese grades at Wandanya to 41% with recoveries around 80%, underpinning a promising development pathway.