Latest Exploration Progress News

Galileo Mining advanced several PGM, nickel, copper and gold targets at Norseman during FY2026, but a A$4.55 million exploration impairment pushed its annual loss to A$4.67 million. The company ended the year with A$7.48 million in cash and a growing drilling pipeline for Mission Sill and Callisto South.

BPM Minerals has entered its most consequential exploration phase after expanding Beachcomber into a multi-lode gold system and securing A$6.6 million in cash. The company is now drilling toward a maiden JORC resource, although its option to acquire the Forelands project remains unexercised and no resource has yet been estimated.

Great Dirt Resources has identified 24 priority manganese targets in New South Wales and confirmed rock-chip grades of up to 51.8% manganese. The exploration progress came alongside a $19.1 million FY2026 loss, largely caused by a non-cash share-based payments expense, while cash rose to $3.81 million.

Dundas Minerals (ASX:DUN) posted a $5.05 million net loss for FY2026 while advancing its Western Australian gold projects and refreshing its leadership team.

Middle Island Resources has unveiled substantial copper anomalies at its Jelaca and Oglavak prospects within the Priboj Project, bolstering its volcanogenic massive sulphide exploration thesis.

ZhongNuo has begun a 15-day geological mapping program at Chariot Resources' Iganna lithium project in Nigeria, marking a key step under their binding term sheet. This work precedes a potential drilling campaign contingent on project selection.

Exultant Mining has kicked off fieldwork at Watsons Prospect and identified two additional priority copper-gold targets at its 390km² Black Hammer Project in the Macquarie Arc. The company is pursuing a staged exploration strategy while awaiting assay results from its maiden Balerion drill program.

Yandal Resources shakes up its leadership with the appointment of seasoned geologist Eduard Eshuys as Non-Executive Chair and the departure of CEO Chris Oorschot, signaling a pivotal moment as the company advances its gold exploration projects in Western Australia.

Basin Energy has offloaded its Marshall Uranium Project in Canada to Green Canada Corporation, securing cash, equity, and strategic rights while freeing resources to focus on its Sybella-Barkly discovery in Queensland.

Regener8 Resources appoints Dave Malesic as Managing Director and CEO, aiming to accelerate its Balkan exploration program and unlock value at the Srebrenica North Project.

Perpetual Resources has digitised and reviewed 42 historical drill holes from its Nevada Scheelite tungsten project, identifying 22 with significant tungsten grades, underpinning plans for modern validation and 3D geological modelling.

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.