Latest Exploration Programs News

Terrain Minerals has posted a 54,000-ounce inferred gold resource at Lightning, alongside stronger exploration spending and a reduced FY2026 loss. The next test is whether further drilling, metallurgy and fresh capital can turn the starter resource into something more definitive.

Oceana Metals has more than doubled the confirmed rare earth mineralisation footprint at its Serra Negra project in Brazil to over 4.5 square kilometres. The result adds scale and several high-grade intervals, but 45 historical holes remain awaiting assays and true widths are not yet known.

Manhattan Gold has secured commitments for an A$4.5 million placement to fund more than 4,000 metres of drilling and related exploration at its Hook Lake project in Nunavut. The full raising remains partly conditional, with A$1.14 million requiring shareholder approval in November.

Kaili Resources has reported a peak one-metre assay of 1,125.51 ppm total rare earth oxides from shallow aircore drilling at its Coodalya tenement in South Australia. The result adds to an emerging zone of elevated values, but the early-stage program has not yet established continuity, scale or economic significance.

Falcon Metals has started its first-ever drilling at the Olsen Well gold target in Western Australia, expanding the campaign to approximately 6,000 metres after a recent capital raising. The program will test the central portion of a 5.8-kilometre gold-in-soil anomaly supported by rock-chip results of up to 6.42 grams per tonne gold.

AuKing Mining has approved planning for an approximately 1,000-metre diamond hole at its Tundulu Rare Earths Project in Malawi. The hole will test the depth of the carbonatite system at Nathace Hill after strong initial RC results and two deep diamond intersections.

Lunnon Metals has reported strong gold intersections from 36 holes at its Foster-Baker project, including a standout 1 metre at 80.80 g/t gold at Hustler and broader mineralisation at Koombana. The results will feed updated resource models before a scoping study considers whether the two deposits could support future mining alongside a Lady Herial cut-back.

Tivan has secured a 50 km² exploration concession immediately north of its Turiscai project in Timor-Leste, subject to formal regulatory grant. The addition would lift the project to eight licences covering approximately 394 km² ahead of planned maiden drilling in the fourth quarter.

Resolution Minerals has finished its largest-ever exploration program at the Horse Heaven project in Idaho, drilling 42 diamond holes across 12,236 metres. The work sets up a substantial run of gold, tungsten and multi-element assay results, but the completed program has not yet produced new assay data in this announcement.

BPM Minerals has secured the final approvals for a maiden approximately 10,000-metre RC drilling campaign at its untested Bonnie and Clyde prospect in Western Australia. Drilling is expected to begin within 5-10 days, putting a more than 6-kilometre gold-in-soil anomaly to its first meaningful test.

Duketon Mining will begin searching for a new executive after Managing Director and CEO Stuart Fogarty transitions to a Non-Executive Director role on 30 October 2026. The company says exploration will continue without material disruption, while Fogarty remains involved at Board level.

Venari Minerals says it knows of no undisclosed information behind a sharp rise in its share price and trading volume. The company points instead to ongoing Red Mountain drilling and a proposed exploration program still awaiting US regulatory approval.