Latest Exploration Strategy News

Lunnon Metals reports significant high-grade gold assay results from infill drilling at its Hustler prospect, confirming two distinct mineralised structures and moving closer to an initial Mineral Resource estimate. Meanwhile, exploration at Defiance West reveals structural complexity with anomalous base metals but no significant gold yet.

Krakatoa Resources has deployed a second drill rig at its Zopkhito antimony-gold project in Georgia, accelerating efforts to convert historical resource estimates into a JORC-compliant Mineral Resource.

Red Mountain Mining reports impressive gold assay results reaching 25.1 grams per tonne at its Fry Lake project in Ontario, reinforcing the prospect's potential and setting the stage for targeted drilling.

Beacon Minerals has reported robust assay results from its Stage 2 drilling at the Iguana Deposit, revealing multiple high-grade gold intersections and promising depth extensions in the Northwest Corridor.

Olympio Metals reveals extensive gold mineralisation at its Bousquet Project in Quebec, highlighting promising high-grade drill results and new structural targets that suggest a potential multi-million ounce deposit.

Dreadnought Resources has reported exceptional high-grade gold intercepts from infill drilling at its Star of Mangaroon project, signaling a significant resource upgrade and improved project economics.

Diablo Resources has secured key drilling approvals for its Phoenix Copper Project in Utah, accelerating exploration in a critical US copper district. Early surface samples at the Fair Dinkum Prospect show promising copper and silver grades, setting the stage for a pivotal drilling campaign.

King River Resources has appointed seasoned geologist and executive Graham Gadsby as Managing Director, aiming to leverage his proven track record in gold exploration and operational turnarounds to drive the company’s future growth.

Critical Resources Limited is set to commence its first drilling campaign at the Amoco Gold-Antimony Project in NSW, targeting a promising structural corridor with confirmed high-grade surface samples. Drilling is scheduled to begin in early October following pending soil-geochemistry results.

Estrella Resources has released its first assay results from the Ira Miri manganese prospect in Timor-Leste, revealing significant high-grade manganese intersections and reshaping its exploration strategy to focus on primary and secondary manganese beds.

Conico Limited has had its ASX trading suspension lifted immediately following an announcement detailing its capital raising and exploration plans, signaling renewed investor interest.

Peregrine Gold Limited has raised $3 million through a share placement to accelerate exploration at its Newman and Mallina projects in Western Australia, bolstered by strong institutional support.