Latest Exploration Risks News

Trek Metals reports compelling petrophysical results at its Kuro manganese discovery, triggering a major Induced Polarisation survey and awarding a Reverse Circulation drilling contract to advance exploration.

North Stawell Minerals (ASX:NSM) has reported promising high-grade gold drilling results and exploration progress at its North Stawell Gold Project, highlighting significant potential along the Stawell Mineralised Corridor in Victoria.

Adavale Resources is ramping up its drilling campaign at the London-Victoria Gold Mine, aiming to grow its existing 115,000oz gold resource with a second drill rig and expanded geophysical surveys.

Iceni Gold has upsized its recent placement to nearly $1.76 million, securing additional funds to advance drilling and exploration at its flagship 14 Mile Well Gold Project in Western Australia.

Altair Minerals has defined multiple high-priority gold drill targets at its South Oko prospect in Guyana following a comprehensive ground geophysics survey. The findings reinforce the potential for a major discovery along the prolific Oko Shear Contact.

Condor Energy has identified extensive deepwater turbidite reservoirs across its TEA-86 offshore acreage in Peru’s Tumbes Basin, significantly reducing exploration risk and advancing plans for drilling and licence conversion.

Critical Resources has completed the transfer of five New Zealand prospecting permits, consolidating a significant 1,694 km² gold-antimony portfolio in the South Island and gaining approvals to commence early-stage exploration.

Gold Mountain Limited has unveiled extensive new total rare earth oxide (TREO) anomalies at its Central Prospect within the Down Under Project in Brazil, reinforcing the area’s potential as a world-class rare earth element province. The company is advancing exploration with targeted auger drilling and plans to refine diamond drill targets.

Emu NL’s Stage 1 drilling at Fiery Creek confirms a significant copper-silver mineral system, refining targets and boosting confidence for the 2026 Yataga Valley drilling campaign.

Verity Resources has confirmed continuous gold mineralisation over approximately 7 kilometres of the Monument trend in Western Australia, highlighting promising new prospects and supporting plans for an updated resource estimate.

Triangle Energy has secured joint funding with Tetragon and Winchester Energy to undertake a strategic exploration study in Indonesia, potentially paving the way for a new production sharing contract.

QX Resources has confirmed multiple high-grade uranium zones at surface within its Madaba Uranium Project in Tanzania, identifying nine immediate drill targets. Planned exploration aims to rapidly advance towards a maiden resource.