Latest Exploration Risks News

Godolphin Resources has agreed to sell its 49% interest in the Calarie Project to Adavale Resources in a deal structured around shares and long-dated options, aligning with a strategic shift towards its core assets.

Tarrina Resources has identified five high-confidence sulphide chargeability anomalies at its Walparuta IOCG Project, including a large, untested target that aligns with magnetic and gravity data. Historic drilling validates the geophysical model, setting the stage for imminent drill testing.

FMR Resources has identified several large-scale magnetic intrusive centres beneath known copper-gold mineralisation at its La Lorena Project in Chile, setting the stage for drill testing in late 2026.

European Resources has identified six fresh passive seismic anomalies outside prior survey bounds at its Korsnäs rare earth project, prompting an exploration area increase and ongoing survey phases.

Canterbury Resources reaffirms its commitment to Central Queensland copper exploration by clarifying details of its acquisition of the Monto Project, highlighting the John Hill deposit’s significant inferred resource and plans for deep drilling in 2026.

Western Ridge Resources has quintupled its Keystone Project footprint in Nevada, adding nearly 5,000 acres of prospective ground with historic mining activity but no modern exploration.

Taiton Resources has submitted 250 samples from its Yogi prospect drill core for assay, with results due in weeks, while preparing to launch soil sampling at Challenger West to sharpen gold exploration targets near the 1.2Moz Challenger Mine.

NewPeak Metals’ maiden drilling at Tansey Gold Project reveals gold mineralisation extending beyond historic South Burnett mine boundaries and uncovers a previously unknown parallel structure, setting the stage for targeted resource drilling.

Infinity Mining has kicked off ground exploration at its Hillside project in the Pilbara, targeting significant gold and copper anomalies identified over multi-kilometre corridors. The company has also strengthened its board with a seasoned geologist familiar with the region's geology.

WIN Metals has completed its acquisition of the fully permitted Princess Royal Gold Mine, adding high-grade ounces and promising satellite prospects to its Radio Gold Project in Western Australia.

Pacific Resources (ASX: PXR) has secured 100% ownership of the Snowstorm Project, a high-grade gold asset in Victoria’s Eastern Goldfields, for $400,000. The acquisition complements its existing foothold in the region and sets the stage for underground bulk sampling and deeper exploration.

Corella Resources has completed due diligence on the Chobe Project tenements, advancing its plan to acquire a 75% stake from Caprice Resources. The project, rich in carbonatite potential, awaits final capital raising and regulatory approvals.