Latest Exploration Progress News

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Mindax Limited pushes forward its vision for a Mid-West iron ore processing hub with metallurgical testing and strategic investments, while managing a cash runway under one quarter and preparing further capital raises.
Maxwell Dee
Maxwell Dee
13 Apr 2026
MinRex Resources has finalized its merger with Electrum Discovery, creating a well-funded ASX-listed explorer with advanced gold and copper projects in Serbia and Australia. The deal brings Electrum’s Tlamino Gold Project and Timok East Copper-Gold targets into MinRex’s portfolio, alongside its existing Sofala Gold Project in New South Wales.
Maxwell Dee
Maxwell Dee
13 Apr 2026
Ragusa Minerals has appointed a new director with North American expertise, is gearing up for geophysical surveys at its Purple Pansy manganese-gold project, and is close to completing its acquisition of Pegasus Tel Inc.
Maxwell Dee
Maxwell Dee
13 Apr 2026
Cannindah Resources Limited has finalised the second tranche of its share placement, issuing over 87 million shares to raise nearly $4 million, following shareholder approval and regulatory compliance.
Maxwell Dee
Maxwell Dee
9 Apr 2026
Mithril Silver and Gold Limited reports positive exploration results from its Copalquin project in Durango, Mexico, highlighting significant high-grade silver and gold intercepts at Targets 3 and 5, reinforcing the district-scale potential.
Maxwell Dee
Maxwell Dee
9 Apr 2026
Reach Resources Limited (ASX: RR1) has announced a 30% increase in the Mineral Resource Estimate for its Blue Heaven deposit at the Murchison South Gold Project, now totaling 80,000 ounces of gold at an improved grade of 3.0 g/t Au. The near-surface resource supports potential open pit mining with high metallurgical recovery and favourable infrastructure access.
Maxwell Dee
Maxwell Dee
9 Apr 2026
Strickland Metals Limited has reported promising first-pass diamond drilling results at the Obradov Potok prospect within its Rogozna Gold and Base Metals Project in Serbia, confirming significant lead-zinc-silver mineralisation consistent with proximity to a copper-gold skarn system.
Maxwell Dee
Maxwell Dee
9 Apr 2026
Magnum Mining and Exploration has verified exceptionally high-grade gold assays up to 178 g/t Au at its Red Breccia target within the Parker Project, Arizona, reinforcing it as a priority drill target alongside Eagle Nest and NSW Detachment. The company is progressing drill permitting with first-pass drilling planned upon approval.
Maxwell Dee
Maxwell Dee
9 Apr 2026
Gold Mountain Limited (ASX: GMN) has announced assay results from 41 diamond drill holes at its Irajuba IR-1 prospect in Brazil, doubling the drilled resource area and confirming thick zones of high-grade rare earth mineralisation with a strong magnet rare earth oxide content.
Maxwell Dee
Maxwell Dee
9 Apr 2026
Exultant Mining Limited (ASX:10X) has identified several compelling geophysical anomalies at its Peak View Prospect in New South Wales, setting the stage for a maiden drilling campaign planned for late April 2026.
Maxwell Dee
Maxwell Dee
9 Apr 2026
AuMEGA Metals Limited has launched a prospectus for a dual-tranche capital raising totalling approximately C$23.7 million, subject to shareholder approval, aimed at advancing its exploration programs in Newfoundland and Labrador, Canada.
Maxwell Dee
Maxwell Dee
8 Apr 2026
Buxton Resources has raised approximately A$3 million through a well-supported share placement, aiming to fast-track drilling and exploration across key Australian projects.
Maxwell Dee
Maxwell Dee
2 Apr 2026