Latest Exploration Results News

Krakatoa Resources has reported high-grade gold and antimony results from the first batch of its 2026 Zopkhito drilling assays, including 1.8 metres at 11.09 g/t gold and 3.56% antimony. The results support continuity at Vein 6 and identify mineralisation outside the project’s existing foreign estimate, but remain exploration results pending further drilling and a JORC assessment.

Piche Resources has begun a strategic review of its three remaining mineral projects and potential new opportunities after completing its rights issue, while searching for a chief executive to lead the next phase. The review will be supported by independent geological consultants, but no acquisition, disposal or revised exploration program has yet been announced.

Leeuwin Metals has rejected the possibility of undisclosed exploration results driving a sharp rise in its share price, after ASX queried the move from $0.22 to $0.295. The gold explorer pointed instead to recent Marda news, a company-funded research report, stronger gold prices and buying by a substantial holder.

Iltani Resources has reported robust assay results from nine new drill holes at its flagship Orient Silver-Indium Project, confirming continuity and expansion potential across Orient East, West, and Vein One zones. The company targets a resource update in Q4 2026 to underpin a 2027 scoping study.

Tivan Limited’s latest bulk assays from Timor-Leste confirm high-grade copper and gold mineralisation, sharpening focus on the Vemasse and Scorpion prospects for drilling later this year.

First Au Limited has secured a foothold in the Sandstone gold district of Western Australia by acquiring five tenements with substantial historical drilling data, aiming to fast-track a maiden JORC-compliant Mineral Resource.

Codrus Minerals Limited posted a $1.41 million loss for FY26 as it confirmed gold and molybdenum mineralisation at Bull Run, rationalised its portfolio, and secured a binding acquisition of EdgeMet with a $2.5 million capital raise underway.

Turnstone Resources has secured A$1.1 million through a two-tranche placement priced at a premium to the last trade, aiming to fast-track exploration in Sweden and review German potash assets.

Iltani Resources has reported strong assay results from its ongoing drilling at the Orient Silver-Indium Project, with multiple high-grade silver-lead-zinc-indium intercepts extending mineralisation beyond the current resource.

Kantra Copper has successfully expanded the Spitfire lode at its Kanmantoo mine, intersecting significant high-grade copper-gold mineralisation beyond previous resource boundaries. This underground drilling breakthrough sets the stage for a substantial resource update later this year.

McLaren Minerals has reported its best assay batch yet from the 2026 drilling program at the McLaren Titanium Project, with heavy mineral grades climbing to 5.44% from surface across 1,199 metres.

Daly Resources advances exploration across 6,451 km² in the Northern Territory, revealing fluorite assays up to 95.1% CaF₂ and significant copper-zinc potential backed by strategic investors and government funding.