Latest Exploration Success News

PC Gold has settled the purchase of a 64-room accommodation camp near its Spring Hill Gold Project, cutting capital costs and enabling faster operational ramp-up. The company also announced a 500,000 performance rights issue to align employee incentives with key project milestones.

Altair Minerals has unveiled an ambitious and fully funded 75,000m drilling program at its Greater Oko gold project in Guyana, marking one of the largest inaugural gold exploration campaigns in the country. The strategy targets multiple zones including South Oko, North Peters, and new regional prospects, backed by a robust cash position and enhanced operational capabilities.

EQ Resources has appointed Dr Mark Lindsay as General Manager Discovery and Growth, aiming to accelerate exploration and resource expansion at its Australian and Spanish tungsten projects.

AIC Mines reported steady progress on its Eloise processing plant expansion and commenced ore processing at Jericho, while elevated diesel prices and unseasonal rain pushed costs above guidance in the June quarter.

Southern Cross Gold’s first deep drilling beneath Victoria’s historic Redcastle Goldfield has returned multiple high-grade gold and antimony hits, confirming the presence of Costerfield-style mineralization over a significant vertical extent.

Aeris Resources reported FY26 copper equivalent production of 42.1kt and gold output of 49koz, both comfortably within guidance, while ending the year with a robust cash and receivables balance of $202.3 million.

Pancontinental Energy progresses its Namibian PEL 87 exploration with a seismic reprocessing study and farmin discussions, while neighbouring operators report promising discoveries and development plans in the Orange Basin.

Star Minerals has begun mining at its Tumblegum South Gold Project with high-grade gold intercepts confirmed, while also expanding its footprint by securing a large new exploration project near Merredin in Western Australia.

Polymetals Resources accelerated production and revenue growth in the June quarter, underpinned by high-grade drilling results that suggest a smaller historic collapse and expanded resource potential at the Endeavor Mine.

Ora Banda Mining (ASX:OBM) reported a substantial expansion of its Mineral Resources and Ore Reserves at the Davyhurst Gold Project, driven by exploration success and significant drilling investment.

Charger Metals has completed the unconditional sale of its Bynoe Lithium Project to Core Lithium’s subsidiary for $3.75 million upfront, with further payments tied to resource milestones and a capped royalty. The deal frees capital for Charger’s Lake Johnston lithium exploration and development plans.

Chilwa Minerals has lodged a Form F-1 registration with the US SEC, aiming to raise capital through a Nasdaq listing of American Depositary Shares while maintaining its ASX presence.