Latest Exploration Success News

Patronus Resources has consolidated 100% ownership of the Guppy-Benalla area for $250,000 cash, removing joint venture constraints and positioning itself to advance exploration near its 475koz Cardinia East gold resource. Follow-up drilling is planned after heritage surveys.

Marmota Limited is set to embark on a substantial drilling campaign targeting the southern Mainwood extension of its Greenewood gold discovery in South Australia's Gawler Craton, aiming to expand the mineralised strike to 2km.

Bayan Mining and Minerals has locked in a reverse circulation drill rig with Alaska Midnight Sun Drilling for its first-ever drilling at the Desert Star rare earth project in California, targeting up to 1,000 metres from June 2026. The fully permitted program aims to test high-grade surface mineralisation and geophysical targets near the Mountain Pass mine.

Power Minerals has completed due diligence on the Morro do Ferro rare earths project in Brazil, revealing exceptional magnetic rare earth oxide grades that underpin plans to finalise acquisition and ramp up exploration.

Anson Resources has recorded lithium grades of up to 148ppm from drilling fluids at its Mt Fuel-Skyline Geyser well in Utah, supporting a significant upgrade to its Green River Lithium Project resource estimate.

Lunnon Metals reveals the Lady Herial gold system plunges over 500 metres and nears the Foster nickel mine underground, opening avenues for integrated gold and nickel exploration in the prolific Kambalda-St Ives camp.

Zenith Minerals has reported deep diamond drilling results at its Red Mountain Gold Project in Queensland, confirming a vertically extensive mineralised system beyond 700 metres. The company plans a significant reverse circulation drilling program to test lateral and depth extensions, guided by new 3D geochemical modelling.

Adavale Resources Limited has confirmed significant shallow gold mineralisation at its Victoria South Prospect, with historic drilling revealing bonanza grades up to 245.5g/t Au. These results suggest potential for a substantial extension of the existing 115,000-ounce London-Victoria gold resource.

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.