Latest Exploration Management News

Peako Limited is set to acquire a substantial gold exploration portfolio in Saudi Arabia’s emerging Central Arabian Gold Region, backed by a $5.17 million placement to fund near-term drilling and exploration.

Aureka Limited's latest high-resolution drone magnetic survey over its Irvine Gold Project has unveiled several new high-priority exploration targets, with ongoing diamond drilling aimed at expanding its 304koz JORC resource. The engagement of renowned geologist Dr Barry Murphy signals a strategic push to decode the project's complex structural geology.

Australian Gold and Copper Ltd (ASX: AGC) is set to expand its NSW footprint by acquiring the Junee Gold Project for $5.4 million in shares, supported by a concurrent $5 million placement to accelerate exploration.

Dalaroo Metals has pinpointed a continuous 4.3km gold-in-soil anomaly at its Gold Ridge Prospect in Côte d'Ivoire, aligning with a major 9km geophysical corridor and artisanal workings. A 5,000m auger drilling program is set to test the bedrock source ahead of maiden RC drilling.

Avenira Limited has approved a $2.6 million budget to kickstart a comprehensive drilling and sampling campaign at its Jundee South Gold Project in Western Australia, aiming to unlock new gold targets within the prolific Yandal-Wiluna province.

Adavale Resources has boosted its Parkes Project gold resource by 44% to 166,000 ounces through a 100% scrip acquisition of the Calarie mining licence and three exploration licences, consolidating its belt-scale position in NSW’s Lachlan Fold Belt.

Magnum Mining pivots to exploration-led growth, focusing on its Brazilian Piracanjuba rare earth project with a major drilling campaign and fresh leadership, supported by a $7 million capital injection.

Basin Energy’s maiden drilling at Newmans has uncovered thick, shallow, and high-grade rare earth mineralisation, validating a new geological model focused on preserved weathering zones over fertile granites.

Infinity Mining has kicked off ground exploration at its Hillside project in the Pilbara, targeting significant gold and copper anomalies identified over multi-kilometre corridors. The company has also strengthened its board with a seasoned geologist familiar with the region's geology.

Alice Queen Limited has appointed Adrian Hell as Exploration Manager to leverage his deep knowledge of Horn Island and fast-track a multi-phase drilling campaign aimed at expanding a 524,000-ounce gold resource.

Dalaroo Metals gears up for its largest and most integrated exploration program at Blue Lagoon, combining onshore and offshore techniques to probe critical minerals in southern Greenland.

Moho Resources has kicked off a 5,000m drilling campaign at its Rocky Ridge gold prospect, aiming to unlock extensions beneath historic high-grade underground workings. Early soil sampling has also revealed fresh gold targets near historic pits, setting the stage for a busy exploration season at Bush Chook.