Latest Exploration Programs News

Critical Resources Limited (ASX:CRR) has initiated a pro-rata entitlement offer of Loyalty Options priced at $0.001 each, aiming to raise $319,410 and potentially $2.56 million upon exercise. The offer underscores significant dilution and operational risks amid ongoing exploration and legal challenges.

Connected Minerals (ASX:CML) is set to acquire Frontier Group CRM, gaining control of an 80% interest in the Bailundo carbonatite project in Angola, boasting near-surface high-grade niobium and rare earth mineralisation. Backed by a $4.5 million capital raise, the company aims to fast-track exploration in this emerging critical minerals jurisdiction.

American West Metals (ASX: AW1) has raised A$10 million through an oversubscribed institutional placement to fast-track exploration at its West Desert and Storm Copper projects, focusing on high-demand critical metals.

White Cliff Minerals has visually confirmed copper sulphides over a 1.8 km strike at its Danvers copper project, doubling the known mineralised footprint and intersecting thick chalcocite-rich zones within a major geophysical anomaly.

Magmatic Resources reports promising copper and gold intercepts from its FY2026 drilling at the Myall FJVA Copper-Gold Project, funded by Fortescue, while preparing to ramp up gold drilling at Weebo in Western Australia.

Redcastle Resources has secured a 60% earn-in to the Kilkenny Belt Package, adding 64km² of tenements adjacent to its existing Eastern Goldfields holdings and reinforcing its dual strategy of near-term development and regional exploration.

Redcastle Resources has cleared key regulatory hurdles at Queen Alexandra and Redcastle Reef, setting the stage for mining operations and potential first gold revenues in 2026 under a capital-light joint venture with BML Ventures.

Waratah Minerals has delivered a second exceptional >200 gram-metre gold intercept at its Consols Zone, significantly expanding the Spur Project’s high-grade footprint in New South Wales. Concurrent drilling at the Spur Zone continues to confirm robust near-surface mineralisation, underpinning the company’s aggressive growth ambitions.

White Cliff Minerals has recommenced drilling at its Rae Copper Project, delivering high-grade copper-silver results and metallurgical testwork supporting simplified processing. The company agreed to sell its Great Bear Project for A$5.8 million, refocusing resources on Rae.

Matsa Resources has kicked off a major diamond drilling campaign at Fortitude North targeting up to 1.85 million ounces of gold while reporting robust $28.7 million gold sales and $6.1 million EBITDA from the Devon Pit Gold Mine.

Dalaroo Metals completed full acquisition of its Greenland Blue Lagoon Project, confirming a district-scale critical minerals system, while advancing high-grade gold exploration in Côte d’Ivoire with drill-ready targets and expanding investor access via a US OTCQB listing.

GoldArc Resources has secured full ownership of Mt Stirling and launched partner-funded drilling campaigns across its Leonora North and South projects, delivering multiple high-grade gold results and locking in a binding development deal with Mineral Mining Services.