Latest Exploration Risks News

Locksley Resources has initiated a four-hole diamond drilling program at its El Campo Rare Earth Element Prospect within the Mojave Project, aiming to test high-grade mineralisation continuity near a major US REE mine.

Adavale Resources Limited has confirmed significant shallow gold mineralisation at its Victoria South Prospect, with historic drilling revealing bonanza grades up to 245.5g/t Au. These results suggest potential for a substantial extension of the existing 115,000-ounce London-Victoria gold resource.

Condor Energy has agreed to acquire Jaguar Exploration’s 20% stake in the TEA 86 offshore Peru project, moving to full ownership. The deal, structured through performance shares, aims to simplify equity and support licence conversion and future partnerships.

Charger Metals NL advances its lithium and gold exploration with an expanded maiden resource at Medcalf and a striking high-grade gold discovery at Xmas. The company’s projects benefit from strong commodity prices and strategic locations in Australia’s premier mining jurisdictions.

Lachlan Star Limited has raised $7.47 million through a share placement to accelerate exploration at its New Waverley Gold Project in Western Australia’s Norseman region. The capital injection positions the company to rapidly test high-potential gold targets and expand its drilling program.

AIC Mines has launched an ambitious 2026 drilling campaign targeting 12 prospects near its Eloise copper mine, aiming to uncover transformational copper and gold deposits to boost production.

Olympio Metals has unveiled a remarkable 19.4-metre intercept grading 17.29 grams per tonne gold at its Bousquet Project in Quebec, confirming multiple high-grade lodes at the Paquin prospect. Assays from six more holes are pending as the company plans further drilling and structural surveys.

Australian Critical Minerals has commenced its first diamond drilling program at the Flint gold-silver project in Peru, targeting a large hydrothermal system. The company has also expanded its tenure close to the San Juan silver project, enhancing its exploration footprint.

Regener8 Resources advances its due diligence on the Srebrenica North Project in Bosnia-Herzegovina, revealing promising high-grade silver, lead, zinc, and antimony mineralisation at the Dolovi tenement. Historical data and recent sampling highlight significant exploration potential near established mines.

PolarX Limited’s latest drilling at the Ridgeline prospect in Nevada reveals extensive silver mineralisation alongside impressive gold grades, underscoring the potential for a major discovery within the Humboldt Range Project.

Empire Resources has completed the second tranche of its share placement, raising nearly A$2 million following shareholder approval. This capital boost supports the company’s ongoing exploration ambitions in Western Australia’s gold and copper sectors.

Barton Gold Holdings has secured a $520,000 cash refund through the Federal Government’s R&D Tax Incentive, bolstering its exploration efforts in South Australia’s emerging gold province.