Latest Exploration Projects News

Enova Mining reduced its half-year loss to $790,000, but an explicit going-concern warning puts future funding at the centre of its rare earth exploration story. The company ended June with $723,000 in cash while advancing several high-grade exploration targets across Brazil and Australia.

Duketon Mining will begin searching for a new executive after Managing Director and CEO Stuart Fogarty transitions to a Non-Executive Director role on 30 October 2026. The company says exploration will continue without material disruption, while Fogarty remains involved at Board level.

Kantra Copper (ASX:KAN) showcased a robust growth strategy at the Copper to the World Conference, spotlighting its Kanmantoo mine extension, Emily Star development, and advancing exploration projects. The company maintains strong production guidance and financial health amid a tightening copper market.

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.

Haranga Resources appoints seasoned mining executive Patrick Mutz as Managing Director and CEO, aiming to accelerate development of its high-grade Lincoln Gold Project in California.

Falcon Metals has raised A$30 million through a placement priced at A$0.60 per share, bolstering its capacity to expand diamond drilling at Blue Moon and initiate maiden reverse-circulation drilling at Errabiddy.

QEM Limited’s review of the Big It Tungsten Project in Idaho reveals significant untapped high-grade tungsten, antimony, and gold mineralisation with extensive underground workings, setting the stage for a modern exploration campaign amid strategic supply concerns.

Novo Resources Corp bolsters its Australian gold and copper exploration pipeline with a maiden inferred resource at Belltopper and strategic gains at Egina following Northern Star’s JV exit.

Discovery Alaska Limited (ASX: DAF) has secured a strategic foothold in Western Australia’s Murchison Goldfields through the acquisition of the Cuddingwarra Gold Project, backed by a $900,000 placement to fund exploration and expansion.

Diablo Resources has completed earthworks at its Star Range Project in Utah, setting the stage for a maiden diamond drilling program targeting high-grade silver and polymetallic mineralisation. Concurrently, the company is progressing its acquisition and exploration activities at the historic Horn Silver Project, with drilling plans advancing.

Loyal Metals has completed the acquisition of the Highway Reward Copper-Gold Project, clearing a major hurdle ahead of its A$79 million takeover by PT Bumi Resources. With shareholder approval secured, the scheme awaits final court endorsement.

Alkane Resources delivered a transformational FY26 with a 590% surge in net profit to A$228.7 million, driven by its merger with Mandalay Resources and record gold equivalent production. The company declared its first fully franked dividend and confirmed solid FY27 guidance.