Latest Exploration Strategy News

Lachlan Star Limited (ASX: LSA) has commenced its first diamond drilling program at the New Waverley Gold Project in Western Australia’s Norseman region, aiming to test high-grade gold mineralisation identified in historical pits and drill results.

Tesoro Gold has issued a replacement Appendix 5B for the December 2025 quarter to correct an administrative error and reclassify certain deposits, ensuring consistency with its audited FY2025 financial statements.

Ardea Resources has successfully raised $340,000 through a Shareholder Purchase Plan following a $5 million placement, demonstrating shareholder confidence despite ongoing geopolitical tensions.

Terra Metals has reported a significant breakthrough at its Southwest SW6 Prospect with the first 2026 diamond drill hole intercepting multiple massive sulfide zones, validating its geophysical targeting approach. Assay results are awaited to confirm the economic potential.

eMetals Limited has inked a binding deal to acquire the Mineral Range Tungsten Project in Utah, marking a strategic move into a critical mineral with robust exploration potential. The company is poised to launch a comprehensive exploration program targeting high-grade tungsten deposits in a mining-friendly US jurisdiction.

Ore Resources has completed three strategic acquisitions, significantly enlarging its gold exploration tenure in Western Australia's Eastern Goldfields and setting the stage for an extensive drilling campaign in 2026.

Perpetual Resources has secured a significant tungsten exploration package in Brazil’s Seridó Mineral Province, aiming to capitalise on rising demand for this critical mineral amid global supply constraints.

OzAurum Resources reports exceptional heap leach test results at Mulgabbie North, confirming rapid gold recovery and advancing a low-capex development strategy with near-complete plant refurbishment.

Aruma Resources’ recent electromagnetic survey at the Tillex Project in Ontario reveals significant extensions to known copper-silver mineralisation, setting the stage for imminent drilling.

Manhattan Gold Corporation has significantly expanded its Hook Lake Project in Nunavut, securing new claims with historic high-grade gold anomalies and preparing for maiden drilling and advanced geophysical surveys.

Askari Metals reports strong Phase 1 trenching results at its 100%-owned Uis Project, confirming continuous high-grade polymetallic mineralisation including tin, lithium, tantalum, rubidium, and caesium. These findings bolster confidence ahead of planned drilling in H2 2026.

Charger Metals NL has reported promising diamond and RC drilling results at its Lake Johnston Project, extending spodumene mineralisation at Medcalf West to depths of at least 215 metres. These findings support a significant upgrade to the lithium resource estimate.