Latest Exploration Progress News

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.

Brazilian Rare Earths (ASX: BRE) has significantly expanded its Sulista Rare Earth District in Bahia, Brazil, extending the strike length from over 10 km to more than 17 km with multiple high-grade mineralised corridors. The latest drilling results underpin a maiden JORC Mineral Resource Estimate expected mid-2026 and support BRE’s strategic hub-and-spoke development plan.

Sky Metals reports significant new high-grade tin-tungsten-silver drilling results at its Tallebung Tin Project, confirming southern extensions and initiating the NSW State Significant Development approval process.

Amplitude Energy has intersected the primary gas reservoir at its Isabella prospect, revealing encouraging preliminary data that points to high deliverability and low CO2 levels. The company is now set to commence flow testing to better understand the resource potential.

Kaili Resources has reported promising laboratory assay results from its recent aircore drilling program targeting rare earth elements in South Australia’s Mallee Project. The findings highlight significant Total Rare Earth Oxide concentrations, particularly within the Coodalya tenement, supporting plans for expanded drilling.

Kuniko Limited reports promising early diamond drilling results at its Commonwealth-Silica Hill Project in NSW, confirming significant sulphide mineralisation and extending known zones. Backed by a $3.75 million placement, the company is fast-tracking a larger Phase 2 drilling campaign to expand resource validation and explore new targets.