Latest Exploration Success News

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.

Lion Energy has locked in Indonesian government approval for a key farm-out deal, enabling OPIC to fund the majority of the Bula Karang-1 well costs while Lion retains a significant stake in the East Seram PSC.

Genesis Minerals (ASX:GMD) reports robust drilling results at Laverton, underpinning plans to expand processing capacity and organic growth. The completion of the A$639 million Magnetic Resources acquisition adds 2.2Moz to resources, lifting total resources to 21.3Moz and reserves to 5.4Moz.

Larvotto Resources has delivered compelling high-grade drill results from the Midas Lode at its Hillgrove project, reinforcing a substantial near-surface Exploration Target and underpinning plans for a maiden Mineral Resource Estimate.