Latest Exploration Strategy News

Locksley Resources’ maiden diamond drilling at the Desert Antimony Mine reveals high-grade antimony mineralisation extending beneath historic underground workings, including a standout 33.51% Sb intercept.

DeSoto Resources has identified two priority soil anomaly zones at its Timbakouna Project in Guinea’s Siguiri Basin, setting the stage for targeted drilling after airborne magnetics surveys and infill sampling.

Nelson Resources has begun mobilising drilling crews for its maiden underground program at the high-grade Orleans Mine in Nevada, leveraging restored underground access to enhance targeting precision and reduce costs.

Belararox Limited has confirmed additional high-grade silver, copper, and zinc mineralisation at its Toro Central prospect in Argentina, with narrow but rich intercepts from recent diamond drilling. The company is refining its structural understanding to guide an expanded 2026/2027 exploration campaign.

OZZ Resources plans to acquire a nickel-copper-cobalt project in Western Australia’s Murchison region, aiming to raise up to $5 million to fund exploration and return to ASX listing.

ACDC Metals has opened a non-renounceable entitlement offer aiming to raise $1.56 million through new shares priced at 5 cents each, accompanied by free attaching options exercisable at 7.5 cents within two years.

Aguia Resources has implemented optimized narrow vein mining at its Santa Barbara Gold Project in Colombia, pushing head grades to 12 g/t Au and improving recoveries, signaling a step-up in production quality.

Cazaly Resources has delivered upgraded assay results confirming high-grade gold mineralisation extending beyond 200m depth at the Goongarrie Gold Project, with multiple shoots open at depth and along strike.

Nelson Resources has kicked off reconnaissance exploration at its newly staked Cinnamon Tungsten Property in Nevada, aiming to leverage its proximity to Guardian Metal's US Department of Defense-backed Pilot Mountain Project.

Locksley Resources has secured an option to acquire 100% of the Iron Duke Copper & Gold Project near its Tottenham asset, adding an inferred resource of 1.3 million tonnes grading 1.0% copper and 0.6 g/t gold. The low-cost, milestone-based deal supports a district-scale exploration strategy in the Cobar region.

Corazon Mining takes a major step into gold development by acquiring the Chalice Gold Project from Westgold, backed by a $16.5 million capital raise and a near 20% strategic stake from Westgold.

Austin Metals has mapped over 12 km of prospective BIF and identified five drill-ready gold targets at Brunswick Hill within its Austin Gold Project. A 4,000m RC drilling campaign is set to begin in June, initially focusing on Brunswick Hill and Mt Sandy.