Latest Exploration Risk News

Havilah Resources has reported its highest-grade hard rock uranium discovery to date at the Johnson Dam prospect, revealing significant multi-metal mineralisation near its Kalkaroo deposit.

Noronex Limited has confirmed deeper, higher-grade copper mineralisation at its Fiesta Project in Namibia through diamond drilling, setting the stage for a substantial 7,000m Reverse Circulation drilling campaign funded by South32.

Platina Resources has acquired a 100% interest in the Mt McKenna Gold Project in Western Australia’s Laverton district, a region known for multi-million-ounce deposits. Early exploration results and strategic location near major mines set the stage for an aggressive drilling campaign.

Ballymore Resources’ recent heli-borne electromagnetic survey at the Maniopota prospect within the Ruddygore Project has revealed 29 strong conductive anomalies linked to polymetallic mineralisation, setting the stage for a significant drilling campaign in 2025.

Middle Island Resources Limited (ASX, MDI) is set to acquire Konstantin Resources Ltd, unlocking a 620 km² copper-gold exploration portfolio in Serbia’s prolific Western Tethyan Belt, supported by a $3.4 million placement to accelerate exploration.

Enova Mining has completed its first systematic geochemical sampling at the Santo Antônio do Jacinto project in Brazil, marking a significant step in exploring rare earth elements in a promising greenfield area. Assay results are expected by the end of September, setting the stage for targeted follow-up exploration.

Aurum Resources has inked a deal to acquire a significant stake in Major Star Plus Sarl, expanding its gold exploration footprint around its flagship Boundiali and Napié projects in Côte d'Ivoire. The staged earn-in agreement offers Aurum up to 87% interest in key permits, setting the stage for accelerated exploration and potential resource growth.

Perpetual Resources has launched a prospectus to enable trading of new options issued alongside a recent $1.6 million placement, aiming to unlock liquidity while outlining key risks for investors.

Rapid Critical Metals has initiated a 2,000m diamond drilling campaign at its Webbs Silver Project in NSW, aiming to upgrade its resource to 2025 JORC standards and explore new high-potential silver targets.

Arika Resources has significantly expanded its Kookynie Gold Project footprint by acquiring over 100 square kilometres of highly prospective gold tenements in Western Australia's Northeastern Goldfields, positioning itself as a major player in the district.

Golden Horse Minerals’ latest Down Hole Electromagnetic survey at Hopes Hill reveals multiple large conductive anomalies, supported by recent high-grade drill results, signaling promising deeper gold mineralisation. Complementary soil geochemistry across regional prospects further sharpens drill targets.

Estrella Resources has launched a comprehensive drone and geophysical survey program across its manganese and limestone projects in Timor-Leste, aiming to sharpen geological models and enhance drill targeting ahead of upcoming campaigns.