Latest Exploration Progress News

Norwest Minerals reported a cash outflow in the December 2025 quarter driven by an intensive drilling program, ending with A$1.64 million in cash. The company signals potential capital raising while maintaining confidence in ongoing operations.

Southern Cross Gold Consolidated has reported exceptional high-grade gold and antimony drill results at its Sunday Creek Project, including a standout 12.2m intercept at 33.3 g/t AuEq. The drilling has connected two major mineralized systems, expanding the project's potential significantly.

AusQuest Limited has significantly extended the copper-gold mineralised system at its Cangallo project in Peru through recent diamond and RC drilling, revealing depths beyond 800 metres and strike length exceeding one kilometre.

Lion Rock Minerals confirms coarse monazite crystals in residual soils at its Minta Est project, validating its exploration model and advancing its rare-earths ambitions. The milestone achievement also triggers the issuance of 500 million deferred shares to vendors.

Taiton Resources has completed the first tranche of its capital raising, issuing 3.38 million shares to sophisticated investors, with a larger tranche still pending. This move aims to bolster funding for its mineral exploration projects across South Australia and New South Wales.

Ariana Resources has reported encouraging initial assay results from its 2025 drilling campaign at the Dokwe Gold Project in Zimbabwe, revealing significant extensions beyond the current resource envelope. The company plans further drilling in early 2026 to explore these promising zones and support feasibility studies.

Strata Minerals Limited has successfully completed the first tranche of its $1.175 million capital raising, issuing over 55 million shares to investors. The company now awaits shareholder approval to complete the remaining funding.

Rumble Resources reports significant progress at its Western Queen Gold and Tungsten Project, with drilling intersecting key mineralisation and a scoping study revealing robust underground mining economics.

Triton Minerals reports encouraging geological signs from its maiden drilling at the Aucu Gold-Copper Project despite operational hurdles, while legal delays stall the completion of its 70% graphite asset sale.

Stavely Minerals has advanced exploration at its large-scale Freddy’s Find gold prospect, completing key drilling phases and preparing for further work in early 2026. Assay results from recent programs are expected soon, potentially unlocking a significant new gold discovery in western Victoria.

Rincon Resources has entered a multi-stage farm-in joint venture with Greatland Resources on its Telfer South tenements, leveraging Greatland’s local expertise and infrastructure to accelerate exploration and development in the Paterson Province.

Havilah Resources has struck a landmark agreement with Sandfire Resources to advance its Kalkaroo copper-gold project, backed by a $210 million staged investment and a strategic exploration alliance in South Australia’s Curnamona Province.