Latest Exploration Programs News

American West Metals has identified a major new copper anomaly named Chevron at its Storm Copper Project in Nunavut, Canada, alongside promising drilling results at Squall and Tornado prospects.

AuMEGA Metals has initiated a fully funded diamond drilling program targeting a large, previously untested electromagnetic anomaly adjacent to its high-grade Central Zone gold deposits at Cape Ray, Newfoundland. This move could unlock a new gold-bearing trend within the district-scale project.

Encounter Resources has uncovered a new high-grade niobium and rare earth element zone 500 metres east of its Crean resource, highlighting the expanding potential of the Elephant Island Fault corridor in Western Australia.

Osmond Resources reports steady progress in drilling and assay results at its Orión EU Critical Minerals Project in Spain, targeting key heavy minerals vital for the EU’s supply chain.

Prodigy Gold NL reports outstanding October 2025 drilling results at its Hyperion Gold Deposit, reinforcing the deposit's high-grade potential and setting the stage for a resource update and mining approvals.

Ordell Minerals has launched a significant 10,000-metre drilling campaign at its Barimaia Gold Project in Western Australia, revealing promising new gold mineralisation at McNabs East and targeting extensive strike extensions.

Sarama Resources Ltd reported a $1.9 million loss for the first nine months of 2025 while securing A$2.7 million in equity funding and advancing a $242 million arbitration claim against Burkina Faso over mining permit expropriation.

Rox Resources has successfully raised approximately A$200 million through a major institutional placement, securing full equity funding for the development of its Youanmi Gold Project. Supported by cornerstone investors and existing shareholders, the company is positioned to advance construction and begin gold production by mid-2027.

TG Metals has significantly expanded gold-in-soil anomalies at its Gold City prospect near Van Uden, increasing drill targets to four and setting the stage for early 2026 drilling. Pending assay results and ongoing exploration hint at a growing gold opportunity in Western Australia.

Bastion Minerals has successfully raised $475,000 through a share placement, backed strongly by existing shareholders and directors, to advance potential acquisitions and exploration activities.

Hamelin Gold has extended shallow gold mineralisation at its Fremlins South prospect to over 400 metres strike and identified a 500-metre mineralised trend at Jazz, with follow-up drilling planned for early 2026.

Alkane Resources reported a strong Q1 FY2026 with $147 million in revenue and 30,511 gold equivalent ounces produced, bolstered by its recent merger with Mandalay Resources. The company’s balance sheet is solid with $191 million in cash and investments after repaying debt and covering merger costs.