Latest Exploration Success News

Genesis Minerals delivered on its FY26 gold production targets for the third consecutive year, advancing the Tower Hill project ahead of schedule and completing the Magnetic Resources acquisition.

Sentinel Metals (ASX: SNM) is set to nearly double its North American gold resources to 2 million ounces by acquiring Capricorn Metals' Big Springs project in Nevada for up to $26 million, combining cash, shares, and milestone payments.

Kingston Resources has reported standout underground drilling results at its Red Terror deposit, Mineral Hill, revealing high-grade gold and copper extensions beyond current resource boundaries and opening new exploration avenues to the north and at depth.

Hillgrove Resources' Kanmantoo Copper Mine has reached its targeted 1.8 million tonnes per annum run rate, while the company advances the Emily Star Stage 2 project with a Final Investment Decision expected sooner than planned.

QEM Limited has pushed back the deadline to complete due diligence on its planned acquisition of two U.S. critical minerals projects, citing legal concerns mainly around chain of title.

OD6 Metals has unveiled a series of new high-priority drill targets at its Quinn Fluorspar Project in Nevada, highlighted by exceptional soil fluorine values that suggest extensive high-grade mineralisation over an 8km corridor.

Rincon Resources has struck a $1.1 million joint venture deal with Maverick Minerals, divesting 90% of its West Arunta interest while retaining a 10% free-carried stake, freeing capital for its core Telfer South and Crackerbox projects.

Catalyst Metals has completed the Trident open pit and is progressing underground development on schedule, aiming to boost gold production at its Plutonic processing plant to 200koz annually.

Capricorn Metals has gained crucial federal environmental approval for expanding its Mount Gibson Gold Project, clearing a key hurdle toward development commencement in late 2026.

Viking Mines has agreed to sell its non-core First Hit Gold Project in Western Australia to First Au Limited for up to $5 million, allowing it to concentrate resources on its flagship Linka Tungsten Project in Nevada with drilling imminent.

Midas Minerals’ initial diamond drilling at the Deblin deposit within Namibia’s Otavi Copper Project reveals two wide zones of visible copper sulphides, underscoring the project’s exploration potential ahead of assay results expected in September 2026.

Cobre Limited has secured an option to acquire 100% of 25 mining concessions adjacent to its Sierra Atacama copper project, significantly enlarging its landholding in northern Chile's IOCG belt with a staged, low-cost payment plan.