Latest Exploration Success News

White Cliff Minerals has landed a CAD$250,000 exploration grant from Nunavut’s government to fund a 6,000m drilling campaign at the Danvers deposit, reinforcing the Rae Copper Project’s potential in a Tier-1 mining jurisdiction.

Advance Metals Limited (ASX:AVM) is acquiring the remaining 20% of its Myrtleford and Beaufort gold projects, moving to 100% ownership following a string of high-grade drill results and promising metallurgical recoveries at Happy Valley.

Terrain Minerals is progressing steadily towards a maiden Mineral Resource Estimate (MRE) for its Lightning Gold Project, targeting July 2026. Key technical and regulatory milestones are being ticked off, underpinning the project’s transition from exploration to resource definition.

Nelson Resources has kicked off reconnaissance exploration at its newly staked Cinnamon Tungsten Property in Nevada, aiming to leverage its proximity to Guardian Metal's US Department of Defense-backed Pilot Mountain Project.

Hawk Resources is raising up to $5.87 million through a placement and entitlement offer to fund drilling and soil sampling at its US copper and WA scandium projects. The raise includes a non-renounceable entitlement offer and options issuance, with dilution risks for non-participating shareholders.

Benz Mining has verified extensive tungsten mineralisation across its 12km Glenburgh Gold System, closely linked with high-grade gold zones. The discovery adds a potential by-product revenue stream as drilling intensifies.

Australia’s Treasurer has mandated six foreign shareholders to divest nearly 18% of Northern Minerals shares by early July, citing national security under the Foreign Acquisitions and Takeovers Act. Northern Minerals supports the move as vital for aligning with Australia’s strategic interests and advancing its Browns Range rare earths project.

QMines Limited has converted $1 million of convertible notes to equity, becoming debt free and clearing the way for a $15 million strategic investment by QIC's Critical Minerals Fund, positioning it to advance its Mt Chalmers copper-gold project.

Accelerate Resources (ASX: AX8) has doubled its Balagundi Gold Project landholding through a strategic deal with Maritana Minerals (ASX: MRT), acquiring key tenure and receiving $200,000 in shares while divesting non-core Kanowna East assets.

Catalyst Metals has identified a capital-efficient path to increase throughput at its Plutonic Mill by refurbishing a dormant processing circuit, enhancing flexibility for its ambitious plan to double annual gold production to around 200,000 ounces.

Australian Gold and Copper Ltd (ASX:AGC) has intersected a 6.5m semi-massive chalcopyrite zone at its Evergreen project, marking its broadest copper interval to date in the South Cobar Basin. The company aims to deliver an initial resource estimate for Evergreen by July while continuing to extend its 38.5Moz silver-equivalent Achilles deposit.

Maritana Minerals has swapped its Balagundi tenements for the Kanowna East package from Accelerate Resources, sharpening its focus on the Black Swan Processing Hub and setting the stage for FY2027 exploration.