Latest Exploration Milestones News

Iceni Gold has reported anomalous copper, zinc, and lead in its deepest drill hole at the Welcome Creek Project, signalling promising mineralisation in the Officer Basin. While the main geophysical target remains untested due to drill deviation, the findings open new avenues for exploration.

Red Mountain Mining has initiated metallurgical test work on high-grade samples from its Oaky Creek Antimony Prospect, advancing the Armidale Antimony-Gold Project towards commercial validation. This move aims to de-risk the asset ahead of drilling and capitalise on strong early exploration results.

Yandal Resources has delineated a primary gold mineralised structure extending over 1.2 kilometres at its Arrakis Prospect, setting the stage for intensified drilling and exploration activities in 2026.

Diablo Resources has secured a geophysical contractor to commence an induced polarisation survey at its high-priority Star Range Silver-Antimony Project, while maiden drilling at the Phoenix Copper Project confirms encouraging copper mineralisation.

Mammoth Minerals has completed the sale of its Paterson Project, redirecting resources to accelerate drilling at its Excelsior Springs Gold-Silver Project in Nevada, with assay results expected soon.

FireFly Metals has agreed to sell its Ontario gold assets to Bellavista Resources for up to A$86.1 million in shares and performance rights, unlocking value for shareholders while focusing on its copper-gold growth strategy.

FireFly Metals has agreed to sell its Ontario gold assets, including a 70% stake in the Pickle Crow Project, to Bellavista Resources for up to A$86.1 million in scrip. FireFly shareholders will receive Bellavista shares, maintaining exposure to the assets while FireFly focuses on its copper-gold ambitions.

Nex Metals Explorations has agreed to sell its 20% interest in the Arika Joint Venture for $2.5 million cash plus shares in Arika Resources, refocusing on its Kookynie Tailings Project and new opportunities in Egypt’s Eastern Desert.

E79 Gold Mines has completed a pivotal high-resolution gravity survey at its Cue Gold Project in Western Australia, setting the stage for targeted drilling and potential high-grade gold discoveries.

Mammoth Minerals has kicked off its maiden diamond drilling at the Excelsior Springs Gold-Silver Project in Nevada, delivering multiple high-grade intercepts and expanding its landholding by 340%. A $7.5 million capital raise supports ongoing exploration across its Americas portfolio.

Mithril Silver and Gold Limited reports strong exploration progress at its Copalquin project in Mexico, with resource expansion drilling underway and a new acquisition adding to its portfolio. The company ends the quarter with a robust cash position, setting the stage for an active 2026.

SQX Resources has validated historic high-grade gold and silver assays at its US projects, completed a strategic acquisition, and raised $2 million to accelerate exploration.