Latest Exploration Progress News

Condor Energy has identified extensive deepwater turbidite reservoirs across its TEA-86 offshore acreage in Peru’s Tumbes Basin, significantly reducing exploration risk and advancing plans for drilling and licence conversion.

Golden Dragon Mining has identified multiple high-priority gold targets across its expansive Cue Gold Project in Western Australia, following an independent review. Recent drilling campaigns at key prospects have concluded, with assay results eagerly awaited.

TechGen Metals has reported significant copper intersections at its Mt Boggola Project in Western Australia, including a standout 20m at 1.14% copper. The discovery is complemented by anomalous gold and lead results, reinforcing the prospectivity of this emerging copper-gold system.

Olympio Metals has reported a spectacular bonanza-grade gold intercept from its Phase 2 drilling at the Bousquet Gold Project in Quebec, marking the best drill result to date and reinforcing confidence in the project’s mineralisation model.

S2 Resources has identified significant gold-arsenic and gold-antimony soil anomalies at its Silver Spoon project in Victoria, signalling promising exploration potential near major regional mines.

Renascor Resources reports significant cobalt and copper mineralisation from its recent Bulloo Creek drilling program, while advancing exploration across South Australia’s Olary, Marree, Wooltana, and Tumby Bay projects.

Variscan Mines maintains its 49% interest in the Callabonna Project while Chalice Mining steps in to fund and accelerate exploration through a new earn-in deal with Red Metal.

Lachlan Star Limited has provided important clarifications on visible gold imagery from its New Waverley project, confirming high-grade assay results while cautioning on the qualitative nature of visual gold observations.

Mount Hope Mining Limited has reported progress in its Mt Solitary gold prospect drilling while posting a $1.14 million loss for the half-year ended December 2025. The company’s exploration efforts continue to focus on resource growth in the southern Cobar Basin.

Magnum Mining confirms multiple copper-gold mineralised trends at its Parker Project in Arizona, setting the stage for drill testing after completing a comprehensive surface sampling program. Engagement with US regulators is underway to fast-track permits for drilling at Eagle Nest and Red Breccia.

Freehill Mining reports a temporary dip in aggregates sales amid plant refurbishment but anticipates a strong rebound with new equipment and ongoing copper-gold project development.

Alliance Nickel is advancing its NiWest project by exploring vat leaching to reduce capital costs and has completed initial gold drilling at Wanbanna, while continuing offtake talks with Stellantis and considering a NASDAQ listing via de-SPAC.