Latest Exploration Strategy News

Bayan Mining and Minerals Limited has confirmed promising high-grade Carlin-style gold mineralisation at its 100% owned Bayan Springs Projects in Nevada, with rock chip assays up to 4.56 g/t Au and strong geochemical signatures.

Sipa Resources has integrated a detailed historical heli-magnetic survey with regional data at its Tunkillia North gold project, revealing multiple structural targets within a large gold anomaly near Barton Gold’s 1.6 million-ounce deposit. The company is advancing environmental and heritage approvals ahead of planned drilling programs.

Patronus Resources has extended gold mineralisation at its Glencoe deposit in the Northern Territory through a recent drilling campaign, revealing multiple high-grade zones beyond the current resource boundaries.

Northern Minerals has completed a pivotal drilling program at its Dazzler deposit, revealing new geological insights and expanding exploration targets for heavy rare earth elements in Western Australia.

Marvel Gold Limited is deepening its foothold in Tanzania’s underexplored greenstone belt while streamlining its portfolio through Mali asset divestments, setting the stage for a busy 2025 exploration calendar.

DeSoto Resources has initiated diamond drilling at its 100%-owned Fenton South Au-Cu Project in the Northern Territory, targeting a large, untested geophysical anomaly. The company also prepares to begin drilling at its fully permitted Spectrum Project, aiming to unlock multiple high-priority mineralisation targets.

Chilwa Minerals has validated a significant swarm of carbonatites enriched with rare earth elements at its Lake Chilwa project, with ongoing diamond drilling underway and assay results expected soon.

DeSoto Resources has expanded its gold-in-soil anomaly at the Dadjan Gold Project to 3.6km and reported promising high-grade gold zones at Timbakouna, reinforcing the prospectivity of its extensive landholdings in Guinea’s Siguiri Basin.

Torque Metals has won a $144,500 co-funded drilling grant from the Western Australian government to explore down-plunge extensions of high-grade gold at its Paris Gold Project, potentially expanding its resource base.

Cygnus Metals reports standout gold and copper drill intercepts at its Golden Eye prospect, signaling a promising new resource within the Chibougamau Copper-Gold Project. The company plans to leverage these results alongside historic data to define an initial Mineral Resource Estimate.

Minerals 260 Limited has secured an option agreement for 26 tenements near its Bullabulling Gold Project, expanding its regional footprint to approximately 570 square kilometres and reinforcing its exploration ambitions in Western Australia’s Eastern Goldfields.

Errawarra Resources has awarded its first diamond drilling contract for the Elizabeth Hill silver project, with drilling set to begin shortly after the company’s May 19 General Meeting. This marks a key step in advancing exploration at one of Australia’s richest silver deposits.