Latest Exploration Risk News

Central Petroleum has completed its acquisition of strategic interests in the Otway and Cooper Basins, setting the stage for a multi-well exploration campaign starting in the second half of 2026.

Austin Metals has launched Phase 1 exploration at its Austin Gold Project, using high-resolution drone imagery and detailed field mapping to refine drill targets focused on BIF-related mineralisation.

Sunshine Metals has increased its Liontown shallow gold resource by 14% to 108,000 ounces, advancing its pathway to near-term production in 2026. High-grade drilling results at the Sybil prospect and new VMS targets further strengthen the company’s exploration outlook.

iTech Minerals reports significant gold and antimony intersections from recent drilling at Reynolds Range, Northern Territory, alongside a new magnetic survey expanding exploration targets.

Litchfield Minerals is set to commence a comprehensive airborne magnetic and radiometric survey over its Lucy Creek Project in the Northern Territory, aiming to unlock high-grade manganese potential in an underexplored sedimentary basin.

Enova Mining’s latest auger drilling results from its CODA East project in Brazil reveal significant near-surface mineralisation of titanium, rare earth elements, and niobium, underscoring the project’s growing strategic importance.

Odessa Minerals has identified multiple new base metal and gold prospects at its Lyndon Project through advanced hyperspectral mapping, supported by a recent $1.15 million capital raise to accelerate exploration.

Delta Lithium Limited reports strong drilling results at its Mt Ida and Yinnetharra projects, alongside successful production of battery-grade lithium carbonate and a robust financial position.

Hillgrove Resources met its 2025 copper production and cost guidance, boosted ore reserves by 43%, and outlined ambitious growth plans for 2026 including expanded mining at Nugent and Emily Star.

Viking Mines has secured a comprehensive historical dataset for its Linka tungsten project in Nevada, significantly cutting exploration time and costs. This strategic acquisition lays the groundwork for rapid 3D geological modelling and targeted drilling.

MinRex Resources and Electrum Discovery reveal promising geophysical survey results identifying two concealed copper-gold targets at Timok East, Serbia, bolstering their upcoming merger plans.

Stavely Minerals has reported promising reconnaissance drilling results at its Freddy’s Find Prospect in western Victoria, revealing multiple gold-silver zones within a large hydrothermal breccia system. These findings reinforce the potential for a significant epithermal discovery.