Latest Exploration Strategy News

Terrain Minerals has completed a $1.42 million placement in December, topping up an earlier October raise to fully fund its upcoming drilling campaigns and maiden JORC resource estimate.

Pursuit Minerals has completed the acquisition of the Sascha Marcelina Gold Project in Argentina, setting the stage for a high-impact drilling campaign while simultaneously advancing its lithium development at Rio Grande Sur.

Litchfield Minerals has reported its widest copper-zinc intercept to date at the Oonagalabi Project, expanding the Main Zone and confirming a continuous mineralised corridor. The company is well funded to pursue an aggressive drilling and geophysical program in 2026 to further explore deeper intrusive targets.

Belararox Limited has refined its exploration approach at the Toro-Malambo-Tambo Project, prioritising immediate drilling of newly defined shallow epithermal targets. Early assay results are anticipated by February 2026, potentially unlocking significant resource upside in a prolific copper-gold region.

Moonlight Resources Limited is set to raise A$10 million through a fully underwritten IPO, targeting exploration and development of its diverse mineral projects across Australia. The offer includes 50 million shares priced at $0.20 each, with free options attached.

Golden Horse Minerals has reported promising initial assay results from its maiden regional drilling program at Baby Queen and Lake View prospects, confirming shallow high-grade gold mineralisation and setting the stage for an expanded 2026 exploration campaign.

Diablo Resources has validated exceptional high-grade silver and antimony mineralisation at its Star Range project in Utah, setting the stage for maiden drilling amid strong market demand for critical minerals.

Altair Minerals has identified three critical structural zones at its South Oko project, highlighting promising targets for gold mineralisation that mirror major deposits in the Guiana Shield. This breakthrough advances the company’s exploration strategy ahead of planned geophysical surveys and drilling.

Cosmo Metals has confirmed shallow, high-grade gold mineralisation at its Spring Creek prospect in NSW through initial results from its maiden 2025 drilling program. The findings validate historical data and set the stage for expanded exploration along a significant regional gold trend.

Evergold Minerals has confirmed significant gold mineralisation at its Bynoe Project in the Northern Territory, shifting focus from lithium to gold. The company plans an extensive exploration campaign in 2026 to capitalise on this promising discovery.

Australian Oil Company Limited has secured full control over key Sacramento Basin assets by acquiring Xstate USA Corporation, enhancing its exploration potential amid favorable regulatory shifts in California.

Askari Metals has raised $1.15 million to fund its first drilling campaign at the Nejo Gold and Copper Project in Ethiopia and to advance exploration at its Uis Project in Namibia. The placement, supported by new and existing sophisticated investors including company directors, positions Askari to accelerate its African exploration strategy.