Latest Exploration Progress News

West Cobar Metals made progress on its Salazar scandium and Cobar West copper projects during the June quarter, while deciding not to proceed with its Baxter Fluorspar acquisition and securing $1.05 million in new funding.

Noronex Limited has struck a deal to acquire the Sleitat Tin Project in Alaska, marking a rare US tin opportunity, while pushing forward with copper and uranium exploration programs in Africa backed by South32.

MetalsGrove Mining has advanced exploration at its Central West Gold Project, upgrading key drill targets and initiating a major auger drilling campaign following extensive soil sampling and mapping.

Manhattan Gold Corporation has kicked off its first modern drilling in over 30 years at Nunavut’s Hook Lake Project, backed by expanded mineral rights and promising high-grade gold assays from surface sampling.

Santos Limited edged up production by 3% in Q2 2026, with Barossa hitting 97% of planned output and Pikka phase 1 moving toward plateau. Sales revenue rose 6% to $1.35 billion, while free cash flow impacts from commissioning are expected to reverse in H2.

Galileo Mining has pinpointed a new drill target at its Norseman project, just 2km from the Callisto resource, following rock chip samples grading up to 1.87 g/t combined palladium, platinum and gold. An aircore drilling program is planned to test the untested mineralised zone beneath outcrop.

Tali Resources (ASX: TR2) is gearing up for a major exploration push across its 4,000km2 West Arunta tenure, targeting copper and critical metals with multiple drilling programs scheduled throughout 2026.

Novo Resources has validated a significant hydrothermal system at its Wyloo Polymetallic Project through maiden drilling and identified new IOCG-style targets at Toolunga, broadening its exploration pipeline in Western Australia.

Mantle Minerals has secured a key exploration licence and acquired an adjoining tenement application, strengthening its Carlton Hill Project in WA, while advancing drilling plans at Yule River amid ongoing native title talks.

Solstice Minerals has delivered a standout quarter at its Nanadie Copper-Gold Project, extending mineralisation well beyond the current resource boundary with a massive 629m drill intercept. Backed by a strong $45 million cash position, the company is poised for further resource growth and exploration across its Eastern Goldfields assets.

Somerset Minerals has pushed back the closing date for its non-renounceable entitlement offer, giving shareholders until 5 August 2026 to participate in the capital raise aimed at funding its copper exploration projects in Nunavut and Ecuador.

Olympio Metals has secured two historically rich silver and antimony projects in the US, unlocking significant exploration potential with no modern drilling recorded. The acquisition aligns with US strategic mineral priorities and sets the stage for renewed exploration activity.