Latest Exploration Strategy News

Killi Resources advances exploration at its Mt Rawdon West Project with significant gold-copper-silver mineralisation at Baloo and Kaa prospects, while Gold Fields progresses the West Tanami JV. The company strengthens its board and maintains a solid cash position to fuel ongoing activities.

AusQuest Limited has unveiled significant maiden drilling results at its Cangallo Project in southern Peru, confirming a large-scale porphyry copper-gold system. The company secured $7.5 million in funding to fast-track exploration activities across Peru and Australia.

Ballymore Resources’ latest Stage 5 drilling at the Dittmer Project in North Queensland confirms the continuity of the displaced Duffer Lode extension, delivering significant high-grade gold, silver, and copper intersections. Ongoing metallurgical testing and processing discussions hint at a potential low CAPEX mine restart.

OD6 Metals has encountered a regulatory pause in its maiden drilling at the historic Gulf Creek Copper Project, with assay results expected in Q2 2025. Meanwhile, rare earth metallurgical testing at Splinter Rock progresses positively amid a solid cash position.

Sipa Resources has validated a large historical gold-in-calcrete anomaly at its Tunkillia North project, identifying a new higher-grade target and advancing drill plans pending heritage clearance.

Zinc of Ireland NL advances its strategic footprint with an 80% earn-in at the Mt Clere Project in WA, preparing for imminent drilling, while rationalizing its Irish tenements and exiting Canadian assets.

Ardiden Limited reported limited exploration activities during the March 2025 quarter at its Pickle Lake Gold Project, prioritizing the Eastern Hub for near-term opportunities while maintaining a strong cash position and no debt.

AuMEGA Metals reported robust progress in Q1 2025, advancing drilling programs, expanding its Bunker Hill project footprint, and appointing a seasoned exploration leader, all while maintaining a strong cash position.

Patronus Resources has identified a new 1km-long gold mineralisation trend at its Cardinia East project following a 6,679m air-core drilling program, setting the stage for further exploration with upcoming reverse circulation drilling.

Australasian Metals Limited is streamlining its portfolio to concentrate on near-term exploration wins, launching a new IP survey at its promising May Queen gold project while exiting less viable ventures.

Traka Resources has strategically entered Guinea’s prolific Siguiri Basin by securing a 75% earn-in joint venture in the Didi Gold Project, which hosts confirmed high-grade gold mineralisation. The company plans an aggressive multi-stage exploration program backed by an experienced local team.

Ausmon Resources has completed critical field reconnaissance across three South Australian tenements, setting the stage for a targeted rare earth elements drilling program pending regulatory approval.