Latest Exploration Incentive Scheme News

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.

Zinc of Ireland NL reported steady progress across its Irish and Australian projects in Q3 2025, with significant geochemical and geophysical surveys underway and drilling completed at Mt Clere awaiting assay results.

Global Lithium Resources Limited has achieved major milestones this quarter with a Native Title Mining Agreement and Mining Lease granted for its Manna Lithium Project, while exploration at Marble Bar reveals encouraging signs of a large gold system.

Future Metals NL appoints Keith Bowes as CEO and initiates a strategic review of its flagship Panton project, leveraging rising platinum group metal prices and exploration successes. The company also completes a A$4.2 million capital raise and plans to delist from AIM.

Lunnon Metals has completed key de-risking at its Lady Herial gold deposit and executed a pivotal Ore Purchase Agreement with Gold Fields, securing a 70% share of future free cash flow. The company maintains a strong cash position while advancing multiple gold prospects and confirming nickel asset viability.

Great Southern Mining has sold a key mining license to Regis Resources for up to A$9 million and is progressing multiple drilling programs across its Australian projects, supported by government grants and a strategic alliance.

Miramar Resources advances its exploration portfolio with a new joint venture with Sumitomo Metal Mining and promising drilling results at key projects in Western Australia.