Latest Exploration Programs News

Great Western Exploration (ASX: GTE) has entered a farm-in deal to earn up to 100% of the McKinlay Copper-Gold and Silver Project near Cloncurry, Queensland, targeting Ernest Henry-style IOCG and Cannington-style silver-lead deposits with a planned drilling campaign.

Hamelin Gold has locked in an $8 million placement backed by major shareholders to fast-track drilling at key Western Australian gold projects, including Day Dawn and Venus.

Adavale Resources has executed a $1.2 million deal selling its Marree Embayment uranium assets to Orpheus Uranium, pivoting capital and attention towards advancing its gold-copper Parkes Project in NSW.

Capricorn Metals has secured the Piastri Project adjacent to its Golden Range tenure for $1.5 million in shares, opening up a largely untested 15.2 km² area near the Ricciardo deposit for gold and antimony exploration.

Patronus Resources’ first modern drilling at Davies No.2 in the Northern Territory yields significant shallow gold intercepts, validating historical data and setting the stage for expanded exploration across the Golden Dyke area.

Bindi Metals’ maiden drilling at Serbia’s Ravni Project reveals significant high-grade gold and silver mineralisation, validating a large epithermal system with further assay results pending.

Koonenberry Gold has completed its acquisition of the Gundagai Gold-Copper Project, adding 485km2 to its Lachlan Fold Belt portfolio and unlocking multiple high-grade targets for near-term drilling.

Altair Minerals has kicked off Phase I diamond drilling at North Peters, part of a fully funded 75,000m exploration program across its Greater Oko gold project in Guyana. The initial 22,600m drilling phase targets high-grade gold mineralisation with plans to expand following assay results.

GoldArc Resources has cleared the last regulatory hurdle for its Mt Stirling gold project, enabling development to proceed under a 50/50 profit-share partnership with BML Ventures.

BPM Minerals has kicked off a record 20,000m reverse circulation drilling campaign at its Forelands Gold Project in Western Australia, targeting a maiden JORC-compliant resource at Beachcomber and preparing for maiden drilling at Bonnie & Clyde.

Venus Metals Corporation is returning $35 million to shareholders via a special cash dividend funded by the recent sale of its Youanmi Gold Project royalty to Franco-Nevada. The dividend is largely franked and follows an earlier in-specie distribution of Rox Resources shares.

Caspin Resources has revealed promising new exploration targets at its Bygoo Tin Project in NSW, alongside ongoing drilling at the Kelpie Deposit, pointing to significant district-scale discovery potential near the historic Ardlethan Mine.