Latest Exploration Programs News

Brightstar Resources has released an updated Definitive Feasibility Study for its Goldfields Project, outlining a robust six-year production plan averaging 75,000 ounces of gold annually and a pre-tax NPV of A$606 million. The study highlights a new 1.5Mtpa processing plant with expansion potential and a clear pathway to first gold by mid-2027.

Voltaic Strategic Resources has refined its exploration models at Meekatharra and confirmed significant rare earth and gallium mineralisation at Paddys Well, setting the stage for a focused drilling campaign in 2026 backed by a strong cash position.

ASF Group Limited closed December 2025 with $1.91 million in cash and nearly four quarters of funding runway, while progressing key investments in mining, technology, and biotech sectors.

Kalgoorlie Gold Mining has significantly expanded its primary gold mineralisation footprint at the Lighthorse prospect, while advancing resource updates at Bulong Taurus and maintaining a strong balance sheet.

Austin Metals has secured $3 million in new funding to accelerate exploration at its Austin Gold Project, targeting promising Vadrians-style gold mineralisation at Brunswick Hill in Western Australia’s Murchison region.

Terramin Australia has made significant progress on its Tala Hamza zinc project and Kapunda copper recovery tests while navigating legal challenges at Bird in Hand. The company also completed a $38.3 million rights issue to strengthen its balance sheet and fund development.

Taruga Minerals has taken a major step forward with a 12-month option to acquire two promising Papua New Guinea projects, backed by a $1.5 million capital raise to accelerate exploration efforts.

Horizon Gold Limited has reported a significant update to its Gum Creek Gold Project, boosting its mineral resource estimate by 8% and advancing its feasibility study on track for mid-2026 completion.

Skylark Minerals Limited reported a $706,000 operating cash outflow and a $6.4 million investment in exploration during the December 2025 quarter, ending with $2.9 million in cash. The company’s financing activities provided a $3.3 million inflow, supporting its ongoing operations.

Bannerman Energy reported a strong cash position of AUD 89.3 million at the end of December 2025, supported by significant equity financing and ongoing exploration investments. The company’s funding runway now extends to over nine quarters, providing a solid buffer for its uranium exploration activities.

Equatorial Resources has completed the final hearing in its high-stakes arbitration against the Republic of Congo and is pursuing clarity on permit cancellations in Guinea, all while maintaining a solid cash reserve.

Broken Hill Mines has delivered a standout December quarter with record mining rates at Rasp Mine, strong exploration results, and a robust financial position, setting the stage for accelerated growth in 2026.