Latest Exploration Progress News

Manuka Resources has secured a US$22.5 million loan facility and completed a A$15 million capital raise, positioning itself for a production restart in late Q2 2026 amid soaring silver and gold prices.

Bulletin Resources is gearing up for a new drilling campaign at its Lake Rebecca Gold Project while strengthening its financial footing through asset sales and investments.

Orbminco Limited has completed its acquisition of the Majestic North Gold Project and initiated an infill drilling program to boost resource confidence. The company also refreshed its leadership with new technical and board appointments as it charts a strategic path forward.

Asian Battery Metals PLC has reported strong exploration progress in Mongolia, including excellent copper recoveries at its Oval project and high-grade copper-gold assays at Maikhan Uul, supported by a $6 million equity raise.

OzAurum Resources has reported strong drilling results and promising heap-leach testwork at its Mulgabbie North Gold Project, alongside a strategic $4.1 million placement to Forrestania Resources.

Iron Bear Resources has strengthened its financial position with fresh funding from Vale and a significant share sale, while progressing its flagship iron ore project in Canada amid positive government engagement.

Australian Rare Earths Limited (ASX – AR3) has made significant strides in advancing its Koppamurra Rare Earths Project, securing pilot-scale processing at ANSTO’s new facility and raising $6 million post-quarter to fund development. Concurrently, promising uranium targets have been identified at its Overland Project.

Alchemy Resources reported strong exploration progress in lithium, iron ore, and base metals across Western Australia and New South Wales, highlighted by promising drill results and strategic joint ventures.

Altair Minerals has raised $13 million to fund a major drilling campaign at its Greater Oko Project in Guyana, aiming to explore one of the world's most promising and consolidated gold belts.

PolarX Limited reported steady progress in its Nevada and Alaska exploration projects during the December 2025 quarter, with key drilling programs completed and a significant joint venture funding milestone achieved with Northern Star Resources.

Paterson Resources has completed the first phase of an extensive drilling campaign at its Grace Gold-Copper Project, raising $752,000 through a rights issue to fund further exploration and resource upgrades.

Zeus Resources has made significant progress in its December quarter activities, advancing trenching at the Casablanca Antimony Project and confirming gold and lithium anomalies at Blue Hill. The company also reported stable cash reserves and key corporate developments following its 2025 AGM.