Latest Exploration Risk News

Condor Energy has updated its corporate presentation revealing significant progress in Peru’s Tumbes Basin, highlighting a 1 trillion cubic feet gas discovery and a multi-billion barrel oil exploration portfolio. The company is moving towards converting its evaluation agreement into a full exploration licence while advancing commercial discussions for gas offtake.

King River Resources is deploying cutting-edge geophysical and digital mapping technologies at its historically rich Mindoolah Gold Project, aiming to unlock new high-grade gold targets with unprecedented precision.

North Stawell Minerals has launched a 2,000-2,500m air core drilling program targeting high-grade gold zones at its Victorian Darlington and Caledonia projects, following promising earlier results.

Buxton Resources has secured all necessary permits and funding to launch its inaugural drilling campaign at the Madman copper-gold project in Western Australia, targeting a promising Havieron-style magnetic anomaly.

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.

Catalina Resources has secured an option to acquire BGM Metals, adding a multi-prospect copper-gold portfolio in Western Australia's Eastern Goldfields. This move deepens Catalina’s exposure to a globally recognised mineral province while preserving capital through a disciplined acquisition structure.

Empire Resources has reported encouraging preliminary assay results from its January 2026 aircore drilling program at the Yuinmery Copper-Gold Project, highlighting new gold and copper mineralisation across multiple prospects. The company plans follow-up deeper drilling to better define these targets.

Freehill Mining has raised $1.5 million through a discounted share placement to fund exploration of copper-gold projects in Chile and expand its processing capacity.

Castle Minerals has significantly expanded its Western Australian gold footprint by acquiring Meekasan Pty Ltd, boosting its contiguous landholding in the Meekatharra district to 184km². The move is complemented by key board changes aimed at accelerating growth.

Australasian Metals has lodged a new exploration permit application near its Mt Clermont and Capella projects, targeting multiple promising gold prospects in Central Queensland. The move builds on its existing inferred gold resources and aims to capitalise on strong gold market conditions.

Albion Resources has secured an option to acquire the Gidgee Gold Project in Western Australia’s prolific Gum Creek Greenstone Belt, unlocking significant exploration potential backed by strong historical drilling results.

FIN Resources has completed the acquisition of the Cabin Lake Gold Project in Canada’s Northwest Territories, securing key permits and preparing for a fully funded drilling campaign starting in March 2026.