Latest Exploration Programs News

St Barbara Limited is ramping up its gold exploration in Nova Scotia, increasing its FY27 budget by 64% and doubling its exploration team to accelerate resource growth near the 15-Mile Processing Hub.

RUA GOLD has obtained regulatory approval to start exploration drilling at its Glamorgan Project, a promising epithermal gold target adjacent to a major OceanaGold deposit in New Zealand. The company plans a 9,000-metre drill program to test three high-priority targets identified through extensive geophysical and geochemical surveys.

Iceni Gold Limited has secured $700,000 through a placement supported by strategic investor Gold Fields, which now holds about 9.5% of the company. The funds will accelerate exploration at key prospects within its 14 Mile Well Gold Project in Western Australia.

Dart Mining has revealed substantial historic tungsten drill results and a sizeable non-JORC resource estimate at its McHargs Tungsten Prospect in Northeast Victoria, spotlighting promising tin-tungsten mineralisation within the Langi Dorn Fault zone.

Codrus Minerals is set to acquire two promising copper and molybdenum projects in Australia and Peru, backed by a $2.5 million capital raise. The deal includes significant share issuance and performance rights tied to exploration milestones.

Arika Resources has completed the first tranche of a capital raising, issuing over 307 million shares to raise $5.85 million before costs, supporting ongoing exploration at its Western Australian gold projects.

QEM Limited is moving forward with its acquisition of Freshwater Metals, securing past-producing tungsten and prospective fluorspar and niobium projects in Idaho, aligning with US efforts to bolster domestic critical mineral supplies.

Falcon Metals has pushed the Blue Moon gold project’s mineralised strike to over 850 metres, with standout high-grade intercepts in the Jasmine Zone and an extended 750-metre strike in the Lotus Zone. Drilling continues aggressively with three diamond rigs and a robust cash position supports ongoing exploration.

Sunstone Metals has uncovered a substantial new zone of gold-copper mineralisation at its Bramaderos Project in Ecuador, with all 24 recent drill holes outside the existing 3.6Moz resource delivering long intersections. The Porotillo prospect alone now spans a 520m by 230m area, setting the stage for a resource update in December 2026.

Daly Resources is aggressively advancing exploration across its 6,451 km² Northern Territory portfolio, highlighting ultra-high-grade fluorite at Huckitta and promising sediment-hosted copper-zinc targets with government-backed geophysical surveys underway.

Strike Resources is progressing the sale of a 28.52% indirect stake in its high-grade Apurímac Iron Ore Project for A$5.5 million, while advancing exploration programs and preparing for potential small-scale mining under Peru’s artisanal regime. The company also holds a 27.7% interest in LE Minerals, which is spinning out its Graphite Projects via an IPO.

Venus Metals Corporation (ASX:VMC) has fortified its balance sheet with a $47 million sale of its Youanmi Gold Project royalty, rebuffed a hostile takeover, and set in motion significant shareholder returns including a $35 million cash dividend.