Latest Exploration Risk News

Adavale Resources (ASX:ADD) advances its Parkes Project in NSW’s Lachlan Fold Belt with a maiden JORC resource at London-Victoria and promising copper-gold targets at Ashes and Myalls. The company is gearing up for a maiden drilling campaign in Q2 2025.

AuMEGA Metals has reported significant gold mineralization from its winter drilling program at the Bunker Hill Project in Newfoundland, revealing a major structure with strong assay results and setting the stage for expanded mid-year diamond drilling.

Augustus Minerals advances exploration at its Ti-Tree Money Intrusion project, planning a detailed Moving Loop EM survey to refine drill targets following promising VTEM results and nearby discoveries.

Dynamic Metals has reported promising initial assay results from its first phase of drilling at the Cognac West prospect, revealing both broad low-grade and narrower high-grade gold mineralisation. The company is gearing up for a follow-up drilling campaign to further delineate these targets.

Odyssey Gold’s recent 47km² airborne VTEM survey at Tuckanarra has identified 32 priority electromagnetic anomalies linked to gold mineralisation, revealing promising new exploration targets under cover. The survey confirms EM techniques as a powerful tool for expanding known resources in the prolific Murchison Goldfields.

Somerset Minerals has completed its acquisition of the high-grade Coppermine copper project in Nunavut, Canada, and is set to begin a maiden exploration campaign backed by a $2.39 million capital raise.

MetalsGrove Mining Limited has completed the acquisition of three gold joint venture permits covering 950 km² in central-west Côte d’Ivoire, positioning itself near the prolific Abujar gold mine. The company plans to initiate exploration soon, leveraging promising geological indicators and regional activity.

Litchfield Minerals has launched a detailed ground gravity survey over the Bomb Diggity target at its Oonagalabi permit, aiming to refine subsurface geological models and guide upcoming drilling campaigns.

Strickland Metals has launched its largest-ever exploration campaign at the Rogozna Gold and Base Metals Project in Serbia, targeting resource expansion and new discoveries with over 50,000m of drilling planned in 2025.

Truscott Mining Corporation’s March 2025 report reveals advancing structural geology insights and robust funding underpinning expanded exploration at Tennant Creek’s Westminster project.

Zuleika Gold Limited has progressed its exploration strategy with a comprehensive targeting review ahead of planned 2025 drilling, while also securing favorable court rulings in ongoing litigation related to the K2 Project.

High-Tech Metals Limited has executed a binding agreement to acquire key gold assets in Western Australia’s Northern Goldfields, underpinning a major 15,000-metre drilling campaign and a $3.5 million capital raise to accelerate exploration and development.