Latest Exploration Progress News

Elevra Lithium posted a $44 million profit in FY26 after merging Sayona Mining and Piedmont Lithium, overcoming temporary mining challenges and securing full funding for the North American Lithium expansion.

NewPeak Metals has finalised its second tranche placement, issuing over 231 million shares and raising $2.86 million before costs, including repayment of director entitlements.

Taiton Resources has secured a farm-in agreement over EL 6468, significantly enlarging its Challenger West gold-copper project in South Australia. Historic drilling highlights shallow, high-grade mineralisation, while new soil sampling aims to sharpen upcoming drill targets.

Piche Resources completed a $2.53 million entitlement offer, raising $728,324 from shareholders, with the underwriter stepping in to cover a $1.85 million shortfall. New shares and options are set to trade from 31 August 2026.

Maverick Minerals Australia has completed its acquisition of a 90% interest in Lyza Mining, adding eight highly prospective tenements near its Viper Project in Western Australia’s West Arunta region. The deal includes share-based consideration and a joint venture structure with Rincon Resources.

Auris Minerals cut its annual loss to $604,506 and is gearing up for key drilling at Morck Well while progressing mining studies at Forrest, backed by a $3.05 million cash buffer.

Noble Helium is set to acquire Earth Source Hydrogen, gaining control of 40,000 square kilometres of helium prospective acreage in Western Australia’s Southern Carnarvon Basin. This strategic move complements its Tanzania project and positions the company to tap into growing global helium demand.

Bison Resources has identified additional widespread jasperoidal alteration and gossanous breccia at its Bald Peaks Project in Nevada, reinforcing the presence of a large-scale Carlin-type mineral system. Extensive rock chip and soil sampling programs are underway, with assay results pending and maiden drilling planned.

Kalgoorlie Gold Mining has inked an updated Heritage Protection Agreement with the Kakarra Aboriginal Corporation, covering all tenements and gold rights in Kakarra country. The move aims to safeguard indigenous heritage while accelerating exploration at the Pinjin and Bulong Taurus projects.

Cauldron Energy has refined its uranium exploration strategy at the Bennet Well deposit by reprocessing historic seismic data, uncovering multiple new high-priority targets and extending known palaeochannels. Initial drilling on these targets is imminent as part of the 2026 program.

Yugo Metals continues to hit significant gold grades in its maiden drilling at the Erak Prospect, with mineralisation open in multiple directions and further drilling underway.

Meeka Metals has finalised its purchase of three gold deposits near Mt Holland, Western Australia, setting the stage for a resource update and extensive drilling to unlock further value.