Latest Exploration Success News

Black Canyon Limited reports promising metallurgical results from its Wandanya Project, confirming high-quality direct shipping ore potential for manganese and iron. The company is gearing up for a significant 15,000m drilling campaign to expand and infill its resource.

Chariot Resources has raised $2.15 million in a well-supported placement to fund its acquisition and exploration of lithium assets in Nigeria, signalling strong investor confidence amid soaring lithium prices.

Nelson Resources has initiated advanced geophysical surveys at its Gold Point Project in Nevada, aiming to unlock extensions of historically rich gold and silver veins ahead of maiden drilling in Q2 2026.

Mount Hope Mining Limited has reported progress in its Mt Solitary gold prospect drilling while posting a $1.14 million loss for the half-year ended December 2025. The company’s exploration efforts continue to focus on resource growth in the southern Cobar Basin.

Unico Silver Limited reports compelling high-grade gold-silver assay results from its Joaquin Project, confirming new shallow oxide mineralisation at Breccia Puntudo and extending mineralisation at La Negra SE beyond current resource boundaries.

Ora Banda Mining has significantly expanded its Little Gem gold prospect, discovering a new mineralised Sapphire Trend and extending known mineralisation over 1,500 metres strike and 750 metres depth. High-grade drill results underpin expectations for a maiden resource estimate later this year.

ActivEX Limited has secured $421,753 through a placement of over 21 million shares at a slight discount, locking in investors for 12 months. The funds aim to boost exploration projects and shore up working capital.

Sky Metals reports significant new high-grade tin-tungsten-silver drilling results at its Tallebung Tin Project, confirming southern extensions and initiating the NSW State Significant Development approval process.

Ora Banda Mining has reported a staggering 964% increase in its Round Dam gold resource, boosting its total global mineral resources to 3.3 million ounces. This leap underscores the company’s aggressive organic growth strategy and ongoing exploration success.

Westgold Resources has approved a $145 million expansion of its Higginsville Processing Hub, increasing capacity by 62.5% and aiming to lift Southern Goldfields production by 60,000 ounces annually while cutting processing costs by nearly a quarter.

Novo Resources Corp. has issued a prospectus offering free New Options to recent placement participants and joint lead managers, aiming to support its exploration projects in Western Australia and Victoria. The options, exercisable at A$0.15 and expiring in three years, could raise significant capital upon exercise, subject to shareholder approval.

QMines Limited's latest deep drilling at Mount Mackenzie reveals multiple high-grade gold, silver, and copper zones, with geological signs pointing to a potential porphyry copper-gold system at depth.