Latest Exploration Programs News

Krakatoa Resources has reported significant high-grade gold and antimony assay results from its Phase 1 drilling at the Zopkhito Project in Georgia, alongside a 12-month extension to its option period. The company plans an expanded exploration program in 2026 aimed at delivering a JORC-compliant resource.

Cosmos Exploration Limited has extended its option agreement with EAU Lithium Pty Ltd and focused on a strategic review of its asset portfolio during a seasonal exploration hiatus. The company is positioning itself for targeted activity in 2026 despite cash constraints.

Enova Mining has reported significant near-surface titanium, rare earth, and niobium mineralisation at its CODA projects in Brazil, alongside ongoing diamond drilling at East Salinas targeting high-grade rare earth zones.

Summit Minerals has acquired the high-grade Keystone Project in Nevada and raised over $1 million through a rights issue, setting the stage for a strategic rebrand to Western Ridge Resources.

Savannah Goldfields has resumed gold production at its Georgetown plant with strong sales and exploration results, backed by a $15 million capital raise to fuel growth and new project development.

Apollo Minerals has secured a five-year reinstatement of its Couflens exploration permit in France, reviving prospects at the historic Salau tungsten mine alongside promising gold mineralisation. The company also advances exploration in Gabon and Serbia while raising A$6.55 million to fund its growth.

Cazaly Resources has reported compelling high-grade gold results from its Goongarrie project and secured a lucrative earn-in agreement for its Romano gold project, bolstering its cash position for further exploration.

Dalaroo Metals has completed its strategic acquisition of the Blue Lagoon critical minerals project in Greenland and is advancing gold exploration in Côte d’Ivoire, supported by new executive appointments and promising assay results.

Austral Gold Limited has restarted commercial production at its Casposo mine, driving a 170% surge in quarterly sales revenue to US$23.8 million and strengthening its financial position with reduced debt and increased cash reserves.

3D Energi has reported significant gas discoveries at Essington-1 and Charlemont-1 wells in the Otway Basin, reinforcing its strategy to supply local gas to Australia's east coast. However, the company faces funding challenges that have led to a temporary trading suspension.

North Stawell Minerals Ltd reported a solid cash position of AUD 1.6 million at the end of December 2025, supporting just over two quarters of funding as it advances its exploration program. The company plans additional capital raises to sustain operations through 2026.

Kalamazoo Resources reported a $340,000 cash outflow for the December quarter, with cash reserves dwindling to $284,000. The company has since raised $8 million through a January placement and is pursuing further funds via a share purchase plan.