Latest Exploration Strategy News

Cosmo Metals has secured $1.55 million through a fully underwritten entitlement offer to fund near-term drilling at its Kanowna Gold Project in WA and the Bingara and Nundle projects in NSW. The capital raise includes free attaching options, with strong backing from major shareholders and management.

Resouro Strategic Metals reports a $2.83 million loss for Q3 2025 while progressing its Tiros Titanium Dioxide and Rare Earth Elements Project, highlighted by an updated 1.9 billion tonne mineral resource estimate. The company also secured $3 million in a recent private placement, underpinning its exploration activities.

Ballymore Resources has confirmed significant high-grade silver-lead-zinc mineralisation in its first step-out drill hole at Little Torpy’s, 600 metres south of the main Torpy’s workings, underscoring the potential for a large-scale project in north Queensland.

West Coast Silver Limited is undertaking a detailed technical review at its Elizabeth Hill Silver Project to refine exploration targets and development plans for 2026, supported by a solid $6.2 million cash reserve.

Platina Resources is set to execute a comprehensive 2026 gold exploration program in Western Australia's Laverton Gold District, backed by a robust $11 million cash position.

Apollo Minerals welcomes a $2.8 million investment from Tribeca Investment Partners, marking a significant vote of confidence in its Couflens tungsten-gold project in southern France. This capital injection follows a recent $6.5 million raise and aims to accelerate exploration and development activities.

Mammoth Minerals has launched a new drilling phase at its Excelsior Gold-Silver Project in Nevada, revealing promising Carlin-style gold mineralisation that could significantly expand the project’s scale.

Ore Resources Ltd has expanded its Kal East Gold Project by acquiring 29 prospecting licences in the Mount Monger goldfields, unlocking multiple high-grade targets near established mines and processing plants.

Patagonia Lithium has advanced drilling at its Formentera lithium project in Argentina to 308 metres, revealing encouraging porosity and brine characteristics that suggest strong lithium potential. Six successful packer tests indicate increasing brine concentration and flow rates, with further drilling planned to deepen the resource understanding.

Cauldron Energy’s latest groundwater analysis at the Yanrey Uranium Project reveals low chloride and sulphate levels, affirming the site’s suitability for environmentally friendly in situ recovery uranium mining. This milestone supports the company’s plans to expand resources and advance towards production.

AngloGold Ashanti has begun exploration drilling on Matsa Resources’ Lake Carey tenement, signalling strong interest in the region and setting the stage for 2026 exploration activities.

Zenith Minerals has reported high-grade gold assay results from its Auburn Gold Project in Queensland, reinforcing the prospectivity of this underexplored district. The company plans further soil sampling and initial drilling within six months to advance exploration.