Latest Exploration Strategy News

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.

Ore Resources has identified a significant 2km gold-in-soils anomaly at its Miriam Project in Western Australia, highlighting multiple high-priority targets ahead of a major drilling campaign.

Leeuwin Metals has reported promising high-grade gold assay results from its 2026 drilling campaign at the Evanston prospect within the Marda Gold Project, signalling potential resource expansion.

Lode Resources has appointed Keith Mayes as Managing Director to spearhead the Montezuma Silver and Antimony Project development, while Ted Leschke shifts focus to exploration strategy as Executive Director – Exploration.

Grand Gulf Energy has acquired the Dry Wash Antimony Project in Utah, positioning itself alongside active high-grade exploration by American Tungsten and Antimony Limited. The company plans rapid exploration and has raised $500,000 to fund its initial work program.

Morella Corporation has expanded its rubidium exploration footprint at the Mt Edon Project in Western Australia, identifying multiple new high-grade targets with assays up to 2.84% Rb2O. This development strengthens the company's position in the critical minerals sector alongside its lithium assets.

Arika Resources has agreed to acquire the remaining 20% stake in its flagship Yundamindra and Kookynie gold projects, consolidating full ownership and positioning itself for accelerated exploration in Western Australia’s prolific goldfields.

Waratah Minerals has reported outstanding high-grade gold drilling results at its Spur Gold Project in New South Wales, extending mineralisation and boosting confidence in the geological model. Significant intercepts include 42m at 2.95g/t Au and a standout 1m hit at 146g/t Au.

Ora Banda Mining’s Phase 1 drilling at Round Dam reveals a significant gold mineralisation system with multiple high-grade shoots, indicating strong potential for large-scale surface mining near existing infrastructure.