Latest Exploration Risk News

Caspin Resources has commenced Phase 1 drilling at its Weethalle Gold Project in NSW, aiming to test a newly identified 2,000m long geophysical anomaly linked to historic high-grade gold mineralisation. The project’s geological setting mirrors that of the prolific Hemi deposit, raising exploration hopes.

Kaiser Reef Limited has reported strong gold mineralisation continuity and high-grade intercepts from its latest drilling at the Union Hill Open Pit, reinforcing the Maldon Gold Project’s growth potential.

Kingfisher Mining secures shareholder approval for NSW tenement acquisition and accelerates exploration at Copper Blow and Mick Well REE projects, backed by a solid $2.35 million cash position.

Perseus Mining reported steady gold production and cashflow growth in Q1 FY26, while progressing key projects including the CMA Underground and Nyanzaga development. The company also completed a CEO transition and renewed its share buyback program.

Caprice Resources has appointed CEO Luke Cox as Managing Director, underscoring confidence in his leadership to drive exploration and development in the Murchison Goldfields and West Arunta regions.

iTech Minerals reports significant high-grade antimony, gold, and copper discoveries at its Reynolds Range Project, alongside the launch of a lithium joint venture with SQM. The company prepares for targeted drilling following promising geophysical surveys and soil sampling.

Manhattan Corporation’s maiden fieldwork at Nunavut’s Hook Lake Project reveals high-grade gold assays up to 14.55g/t and a mineralised corridor stretching 4.7km, highlighting significant expansion potential.

MetalsGrove Mining advances its West African exploration strategy by progressing three key gold permits near the Abujar mine and appointing a seasoned industry veteran as Chair.

Fortuna Metals is advancing exploration at its Mkanda and Kampini projects in Malawi, aiming to define a significant rutile resource by late 2026. Early drilling and sampling have revealed encouraging titanium mineralisation, positioning the company in a globally critical minerals hotspot.

King River Resources reports encouraging gold assay results from its Kurundi Project and promising soil geochemical anomalies at Kuiper IOCG targets, underpinning ongoing exploration momentum in the Tennant Creek region.

Accelerate Resources has reported impressive high-grade gold assay results from its newly acquired Balagundi Gold Project near Kalgoorlie, with grades reaching up to 32.9 g/t Au. The company is gearing up for maiden drilling in November 2025 to further explore these promising targets.

Nimy Resources has successfully raised $4.88 million through an oversubscribed Share Purchase Plan, signaling strong investor confidence in its Western Australian gallium and rare earths projects.