Latest Exploration Programs News

Ragusa Minerals has reported strikingly high manganese and gold assay results from rock samples at its Purple Pansy Project in Arizona, setting the stage for targeted geophysical surveys and drilling to define a maiden resource.

AuKing Mining has bolstered its project portfolio with the acquisition of a Tasmanian tin and silver licence and the Malawi-based Tundulu Rare Earths Project, supported by $5 million in recent equity placements.

Cauldron Energy has won two co-funded grants totaling up to AUD 217,750 from the WA Government’s Exploration Incentive Scheme to advance uranium exploration at its Yanrey Project, targeting key palaeochannels including the high-priority Curtis channel.

Corella Resources has agreed to acquire a majority interest in the Chobe Project, a highly prospective niobium and rare earths ground in Western Australia’s West Arunta, supported by a heavily oversubscribed $5 million capital raise.

Corella Resources has agreed to acquire a majority interest in the Chobe Project, expanding its footprint in Western Australia’s emerging rare earths and niobium hotspot. The acquisition is backed by a heavily oversubscribed $5 million capital raise.

Altair Minerals has landed a A$28.2 million strategic placement from Endeavour Mining’s subsidiary at a premium, boosting its treasury to about A$40 million and enabling a major expansion of exploration at the Greater Oko gold project in Guyana.

Sunshine Metals reveals a robust Mining Study at its Liontown Project in Queensland, targeting shallow oxide gold with initial production of approximately 75,000 ounces of gold and 654,000 ounces of silver, generating an estimated net operating cashflow of $163 million. High-grade drilling results and a $202K government grant support ongoing exploration and development.

QX Resources (ASX: QXR) secured all exploration licences for its Madaba Uranium Project in Tanzania, confirming high-grade surface uranium and advancing its 2026 exploration program with $1.23 million funding. Preparations are underway for a heli-borne survey and maiden drilling campaign.

Hillgrove Resources (ASX:HGO) marked its first full year of underground copper production at Kanmantoo with 11,315 tonnes produced, returning to profitability and significantly boosting its Mineral Resources and Ore Reserves. The company is advancing growth projects and sustainability initiatives to underpin a production ramp-up in 2026.

Basin Energy secures A$1.1 million through a strategic placement led by two uranium-sector investors, aiming to accelerate drilling and geophysics at its Sybella Barkly and Newmans projects in Queensland.

Megado Minerals confirms robust copper and silver grades over 7km at its Iberian Copper Project and secures a five-year option for the high-grade Alpartir Silver-Copper-Antimony Project, positioning itself for a drilling campaign backed by Spanish government funding.

Delta Lithium’s March quarter report highlights robust high-grade lithium drilling at Mt Ida, successful production of battery-grade lithium and rubidium carbonates, and ongoing exploration progress at Yinnetharra, supported by a strong $52 million cash position.