Latest Exploration Success News

Everest Metals Corporation’s latest aircore drilling results at the Revere Gold Project reveal continuous high-grade gold mineralisation along a 6 km reef system, setting the stage for a maiden resource estimate.

Horseshoe Metals has announced a significant new copper Exploration Target at its Motters Zone within the Horseshoe Lights Project, estimating up to 3.6 million tonnes grading 1.5% copper. This development highlights the potential to substantially expand the existing resource base as Phase 2 drilling and commercial discussions advance.

King River Resources has secured an exclusive option to acquire the Mindoolah Gold Project in Western Australia, boasting historic high-grade gold production and significant unmined mineralisation. The company plans an aggressive 2026 exploration campaign to unlock the project's substantial potential.

Cauldron Energy has reported a significant 32% increase in uranium resources at its Yanrey Uranium Project, highlighted by a maiden Mineral Resource Estimate for Manyingee North and an upgraded resource at Manyingee South.

Trek Metals has raised $15 million through a strongly supported share placement to fund a major drilling campaign at its promising Kuro manganese discovery in Western Australia’s Kimberley region.

Viridis Mining and Minerals reports strong infill and exploration drilling results at its Colossus Rare Earth Element Project, underpinning a resource upgrade and enhanced project economics. The company advances feasibility, permitting, and financing towards a Final Investment Decision in Q3 2026.

Alligator Energy is progressing its Samphire Uranium Project in South Australia into trial production, supported by strong project economics and promising exploration potential. The company targets first uranium production by 2030/31 while derisking operations through a Field Recovery Trial.

Impact Minerals has commenced diamond drilling at its Commonwealth Gold-Silver Project in NSW, aiming to expand known resources and explore promising copper targets under a joint venture with Kuniko Limited.

Hot Chili Limited advances its Costa Fuego copper-gold project with a significant new porphyry discovery at La Verde, delivering strong drill results and robust financial metrics from its Preliminary Feasibility Study. The company also secures strategic water and power infrastructure, positioning itself as a leading independent copper developer.

Red Hill Minerals highlights a strong dividend-paying model backed by diversified royalties and a vigorous 2026 exploration agenda at the RIU Explorers Conference.

Kaiser Reef Limited has raised its production target at the Henty Gold Mine to 35,000 ounces per annum by late FY2027 while accelerating exploration and development activities at its Maldon Gold Project, all funded through operational cash flow.

Galilee Energy has launched an offer of up to 464 million new options to participants in its recent $6.5 million placement, aiming to bolster exploration funding and working capital. The options, exercisable at $0.011 each over three years, come amid significant operational and market risks.