Latest Exploration Strategy News

Red Mountain Mining has advanced exploration across its Fry Lake, Armidale, and Kiabye projects, identifying promising gold and antimony targets and preparing for follow-up drilling and sampling programs.

Caprice Resources has reported strong drilling results at its Island Gold Project, including a new high-grade gold discovery south of Vadrians Hill, and has commenced an extensive Phase 3 drilling program to expand its maiden resource potential.

Panther Metals reports strong high-grade gold intercepts at its Laverton Gold Project, particularly at Burtville East, alongside a $685,000 capital raise to fund further exploration.

Leeuwin Metals has rapidly transformed into a formidable Western Australian gold explorer by acquiring the Marda Gold Project, completing its maiden drilling program, and securing $3.25 million in fresh capital. Historical data and early drilling hint at significant high-grade gold potential.

Avira Resources has significantly expanded its Tangadee Project in Western Australia and is preparing to drill three high-potential EM targets, while advancing its capital raising efforts to fund exploration.

BOA Resources is progressing its 2025 drilling plans across key lithium and nickel tenements in Western Australia, while managing delays in heritage surveys and optimizing its tenement portfolio to focus on high-potential assets.

Platina Resources has completed diamond drilling at its Xanadu Deeps gold target and is gearing up for further aircore drilling at Challa and Beete projects, maintaining a strong cash position of A$11.77 million.

G11 Resources has identified two promising new copper-rich massive sulphide targets, Bedford and Chevron, within its Wilandra Copper Corridor project in NSW, setting the stage for expanded exploration activities.

Asara Resources has raised $2.3 million to advance exploration at its flagship Kada Gold Project in Guinea, appointed Matthew Sharples as CEO, and awarded a major drilling contract to Capital Drilling Guinea-SA. The company also completed the sale of non-core Burkina Faso assets, signaling a sharpened focus on its core gold interests.

Australian Rare Earths Limited (ASX: AR3) reports promising extensions of near-surface calcrete-hosted uranium mineralisation at its Overland Uranium Project, reinforcing a dual-asset exploration strategy that combines shallow deposits with deeper in-situ recoverable targets.

Strata Minerals Limited reports encouraging results from its maiden drilling program at the Penny South Gold Project, revealing extensions of key mineralised structures and securing a government co-funded grant to advance deeper diamond drilling.

Koonenberry Gold’s third diamond drillhole at the Enmore Project delivers a substantial 102m intercept averaging 1.10g/t gold, including a high-grade 9.7m zone at 3.57g/t, reinforcing the prospect’s broad and shallow gold mineralisation potential.