Latest Exploration Strategy News

Many Peaks Minerals has reported strong reverse circulation drilling results at its Ouarigue prospect in Côte d’Ivoire, confirming continuity and extensions of gold mineralisation over 800 metres of strike. The results bolster prospects for upgrading the resource and expanding its footprint ahead of a planned fourth-quarter Mineral Resource Estimate update.

ADX Energy has lodged applications for two offshore gas exploration permits adjacent to its existing Sicily Channel licence, aiming to extend its footprint in a geologically promising biogenic gas play.

QX Resources has unveiled a significant JORC-compliant Exploration Target for its Madaba Uranium Project in Tanzania, estimating 18–33 million pounds of uranium oxide at grades suitable for open-pit mining. The company aims to convert this target into a maiden Mineral Resource with drilling planned for late 2026.

Broken Hill Gold (ASX:BH6) has identified several promising gold-copper targets near its White Dam project in South Australia, setting the stage for a significant exploration push focused on deeper sulphide mineralisation following the Icebreaker discovery.

Cauldron Energy has refined its uranium exploration strategy at the Bennet Well deposit by reprocessing historic seismic data, uncovering multiple new high-priority targets and extending known palaeochannels. Initial drilling on these targets is imminent as part of the 2026 program.

Culpeo Minerals has identified two robust chargeability anomalies linked to surface copper mineralisation at its Fortuna Project in Chile, setting the stage for imminent diamond drilling campaigns.

Adavale Resources has reported a standout 19m intercept at 4.0g/t Au well outside the current London-Victoria Mineral Resource Estimate, signalling potential for a significant resource upgrade due in Q3 2026.

Hamelin Gold has locked in an $8 million placement backed by major shareholders to fast-track drilling at key Western Australian gold projects, including Day Dawn and Venus.

Waratah Minerals has unveiled robust shallow high-grade gold results from its Spur Project in NSW, confirming a continuous 6km mineralised corridor and setting the stage for diamond drilling in late 2026.

Locksley Resources has ceased active exploration at its US critical minerals projects following a technical review and a sharp drop in antimony prices, opting to maintain claims on a low-cost basis while reassessing its hydrometallurgical technology partnership.

Gorilla Gold Mines has expanded the high-grade Val gold discovery at its Vivien Project in WA, with mineralisation now traced over 400m strike and down-dip near existing underground infrastructure.

Great Southern Mining has reported significant down-dip and down-plunge extensions to its Mon Ami gold resource near Laverton, highlighted by a 16-metre intercept grading 3.37 g/t gold. The results reinforce Mon Ami’s potential as a near-term development project with further assays pending.