Latest Exploration Risk News

Noronex Limited has exercised its option to acquire a 51% stake in the Etango North Uranium Project in Namibia, initiating a maiden drilling program backed by AI-driven exploration techniques.

Catalina Resources has verified a copper-rich Volcanogenic Massive Sulphide system at its Breakaway Dam Project in Western Australia, prompting a substantial follow-up drilling program. Concurrently, gold mineralisation continuity is confirmed at the Leghorn Prospect within the Evanston Project.

Sierra Nevada Gold Inc (ASX – SNX) reports compelling rock chip sampling results at its As Safra Copper-Gold Project in Saudi Arabia, confirming historic high-grade mineralisation and identifying priority drill targets ahead of a planned 5,000m drilling campaign.

Magnum Mining and Exploration has completed its acquisition of the Wet Mountain Rare Earth Element Project in Colorado, marking a significant step in its U.S. critical minerals strategy. The project boasts historic surface assays up to 7.99% Total Rare Earth Elements, with exploration plans underway.

Alicanto Minerals has won shareholder approval to acquire the Mt Henry Gold Project in Western Australia, unlocking a 915,000oz gold resource and appointing Jeff Sansom as CEO to spearhead growth.

Lodestar Minerals has acquired sole access rights to the Los Loros copper-molybdenum-gold porphyry project in Chile, setting the stage for a maiden drilling campaign in April 2026. The project features significant historical mineralisation and is strategically located near key infrastructure in a prolific mining region.

Red Mountain Mining has launched an expanded soil sampling program at its Oaky Creek prospect in NSW, aiming to unlock multiple high-grade antimony-gold targets along a 3km strike. This move builds on impressive assay results and positions the company alongside Australia’s leading antimony projects.

Koba Resources has secured $4.35 million to advance exploration at its newly acquired Stannary Hills and Mt Garnet tin-tungsten projects, with drilling scheduled to begin in late Q1 2026. The company also plans to recommence uranium drilling at its Yarramba Project in February, following promising high-grade intercepts.

Great Western Exploration has identified two promising copper-gold targets, Diorama and Baroo, within its Yerrida North Project, setting the stage for a busy drilling campaign following the upcoming Oval program.

Resources & Energy Group Limited (REZ) has kicked off a new drilling campaign at its East Menzies Gold Project, backed by a $2 million capital raise, aiming to expand its mineral resources and advance towards production.

African Gold Limited has agreed to a transformative Scheme of Arrangement with Montage Gold Corp, offering shareholders exposure to a larger gold development platform, while drilling results at Didievi reinforce the project’s growth potential.

Apollo Minerals has secured a five-year reinstatement of its Couflens exploration permit in France, reviving prospects at the historic Salau tungsten mine alongside promising gold mineralisation. The company also advances exploration in Gabon and Serbia while raising A$6.55 million to fund its growth.