Latest Exploration Success News

Vault Minerals is on track to meet FY26 production targets with a strong focus on expanding its King of the Hills operation and progressing a merger with Regis Resources, positioning itself as a senior gold producer.

BPM Minerals has confirmed a significant down-dip extension of high-grade gold mineralisation at its Beachcomber Main Lode within the Forelands Gold Project, Western Australia, with assays showing continuity over 300m strike and 250m vertical depth.

Energy Transition Minerals (ASX: ETM) has identified ten new rare earth mineralised zones at Kvanefjeld, including a significant 1.8km trend with uranium levels below Greenland’s legal threshold, but faces regulatory uncertainty as licence renewal is recommended for denial.

Javelin Minerals has locked in a $1.5 million strategic placement to mining executive David Geraghty at a 9.5% premium to its last share price, boosting exploration funding for key WA gold projects.

OzAurum Resources has delivered another round of strong near-surface gold intercepts at its Mulgabbie North Paleochannel Project, reinforcing a low-cost heap leach development pathway and progressing site construction.

Sierra Nevada Gold (ASX: SNX) has appointed Adam Oehlman as CEO to lead its next growth phase, focusing on advancing a three-rig drilling campaign in Saudi Arabia and trial mining in Nevada.

Belararox has locked in a further A$2 million through a placement priced 25% above its current shares, boosting funds for copper exploration in Botswana and Argentina.

Tasman Resources has completed the first tranche of a $4 million share placement to fund a larger drilling program at its Parkinson Dam Project in South Australia.

Brazilian Rare Earths Limited (BRE) is demerging its Amargosa Bauxite-Gallium Project into Alurion Resources, with eligible shareholders receiving in-specie shares and access to a $30-50 million IPO.

Ozz Resources aims to raise up to AUD 5 million through a public offer to fund the acquisition of Sulphide Minerals and exploration of the Bedaburra Project, pending ASX re-admission and shareholder approval.

Arika Resources has completed its acquisition of 100% ownership of the Yundamindra and Kookynie gold projects, consolidating control over key assets in Western Australia’s Eastern Goldfields and setting the stage for accelerated exploration.

Helix Resources has boosted the inferred Mineral Resource at its Gold Basin project in Arizona to 280,000 ounces of gold, underpinning its farm-in strategy and advancing development prospects.