Latest Exploration Success News

Resource Minerals International Ltd (ASX:RMI) has completed a detailed ground magnetic survey at its Wadi Salamah Project in Saudi Arabia, revealing significant magnetic anomalies and high-grade surface mineralisation that underpin plans for a maiden 5,000-metre drilling program.

Saturn Metals Limited has announced exceptional high-grade gold assay results from its Apollo Hill Gold Project in Western Australia, including a record 1m intercept grading 277g/t Au. These findings highlight significant untapped northern extensions beyond the existing 2.24Moz Mineral Resource and support ongoing exploration and resource growth.

West Coast Silver Limited has initiated a 1,500-metre diamond drilling program beneath the historic Elizabeth Hill silver mine in Western Australia, aiming to test for high-grade silver extensions along the Munni Munni Fault. The program seeks to validate a structural model that could significantly expand the known mineralisation.

Octava Minerals (ASX:OCT) has completed its acquisition of the Byro Critical Minerals Project in Western Australia, issuing over 8.5 million shares and 2 million performance rights to vendors, subject to escrow and milestone conditions.

Broken Hill Mines Limited (ASX: BHM) has reported significant production increases at its Rasp silver-lead-zinc mine for the March 2026 quarter and secured a long-term renewal of its Consolidated Mining Lease 7, extending operational rights to 2047.

Miramar Resources Limited (ASX:M2R) has finalised the sale of its Randalls Project to Ore Resources Ltd (ASX:OR3) for up to AUD 800,000 in cash, shares, milestone payments, and royalties, aligning with its strategy to streamline its exploration portfolio and concentrate on other Western Australian projects.

Terra Metals has reported a significant breakthrough at its Southwest SW6 Prospect with the first 2026 diamond drill hole intercepting multiple massive sulfide zones, validating its geophysical targeting approach. Assay results are awaited to confirm the economic potential.

Charger Metals NL advances its lithium and gold exploration with an expanded maiden resource at Medcalf and a striking high-grade gold discovery at Xmas. The company’s projects benefit from strong commodity prices and strategic locations in Australia’s premier mining jurisdictions.

Miramar Resources has revealed significant shallow gold mineralisation extending over 600 metres at its Highway Prospect within the Gidji JV Project near Kalgoorlie, including high-grade intercepts up to 9.45g/t Au. The company is advancing plans for resource evaluation and further drilling to capitalise on these promising results.

Accelerate Resources is set to drill the Fluffy Prospect at its Balagundi Project in Western Australia, targeting significant gold mineralisation after three decades of dormancy. Historic and recent surveys have sharpened focus on this promising site.

Fortuna Metals Limited (ASX:FUN) reports a major high-grade rutile discovery at its Mkanda project in Malawi, positioning itself to meet rising demand from aerospace and emerging robotics sectors amid a tightening global titanium market.

Australian Oil Company Limited is set to lift its first crude oil from the Emu Apple Oil Field in the Surat Basin on 31 March 2026, marking a key production milestone. Concurrently, the company has identified intriguing iodine anomalies in its exploration permit PL 30, hinting at potential new hydrocarbon targets.