Latest Exploration Strategy News

Kincora Copper has accelerated exploration across its Australian and Mongolian assets, leveraging new AI and quantum technology partnerships alongside partner-funded drilling, while reporting a modest net income and a strong cash position in Q1 2026.

Locksley Resources has secured an option to acquire the Iron Duke Copper & Gold Project in NSW, enhancing its district-scale strategy near Tottenham with high-grade mineralisation and multiple drill-ready targets.

Critical Resources has lodged an application to extend its Croesus gold-tungsten permit in New Zealand, targeting a broader tungsten system with historic grades up to 42.6% WO3. This move comes as tungsten prices surge over eightfold due to global supply constraints.

Everest Metals Corporation (ASX:EMC) has delivered a maiden JORC Mineral Resource Estimate for its Revere Gold Project in Western Australia, outlining 15 million tonnes at 0.54 g/t gold for 260,780 ounces. The near-surface, open-pit amenable resource spans the Big John and Armstrong deposits, with further drilling planned to expand and upgrade the resource.

Legacy Minerals has received NSW Government approvals for an 8,000m diamond drilling campaign at its Mt Carrington Project, targeting promising extensions at Mascotte and first-ever modern testing at the Emu copper-gold prospect.

Core Energy Minerals (ASX:CR3) has confirmed significant rare earth oxides with a high magnetic component in early sampling at its Campo Largo project, setting the stage for systematic drilling this quarter.

Austral Resources has bolstered its Cameron River Project with final assays revealing gold and silver alongside high-grade copper at Snow Queen, underpinning its regional growth strategy.

Terrain Minerals has launched a substantial induced polarisation survey at its Smokebush Gold Project, aiming to identify new gold-bearing structures akin to the Lightning discovery within untested ground. Results are due alongside a maiden resource estimate in July 2026.

MetalsGrove Mining has defined two extensive gold anomalous trends at its Fifty-Five Prospect in Côte d’Ivoire, setting the stage for infill sampling and auger drilling during the upcoming wet season.

Auravelle Metals is gearing up for a new Reverse Circulation drilling campaign at its Nuckulla Hill Gold Project, targeting extensions of high-grade mineralisation at Sheoak and early-stage targets at Sheoak East. The program builds on promising results and refined geological insights from recent aeromagnetic surveys.

Nelson Resources has completed underground rehabilitation at the historic Orleans Mine in Nevada, setting the stage for its maiden underground drilling program targeting high-grade gold-silver veins.

Critical Resources has launched a systematic field exploration program at the Corona Pegmatite Field, aiming to expand its lithium resource pipeline within the Mavis Lake Project in Ontario, Canada.