Latest Exploration Success News

Kingston Resources secures $12.9 million through placement and entitlement offer to fund a 25,000m drilling program and plant expansion at its Mineral Hill polymetallic mine, bolstering cash reserves to $32.3 million ahead of a planned operational restart.

InVert Graphite (ASX:IVG) is set to acquire RapidGraphite Pty Ltd, gaining exclusive rights to Curtin University’s RapidPulseTM graphite processing technology that promises rapid, acid-free conversion of natural graphite to battery-grade quality. Backed by positive test results and a A$2.5 million capital raise, this move aims to vertically integrate InVert’s Morogoro graphite project with cutting-edge processing innovation.

WIN Metals has taken a strategic step to progress its Radio Gold Project by securing a six-month option to acquire a modular gravity processing plant from Tungsten Mining, aligning with its plan for onsite gold processing at 120,000 tonnes per annum.

Renegade Exploration has divested its 22% stake in the Carpentaria Joint Venture to True North Copper for $2.88 million, securing cash, shares, performance rights, and a new Queensland gold project, while preserving exposure to key copper assets.

True North Copper has finalized its acquisition of Renegade Exploration's stake in the Carpentaria Joint Venture, consolidating the Mongoose Resource with its Taipan deposit. This move unlocks new development and resource growth opportunities within the Cloncurry Copper Project ahead of a key Pre-Feasibility Study due later this year.

Redstone Resources has secured a 100% stake in a suite of greenfields exploration projects across Western Australia, gaining exposure to gold, lithium, copper, and base metals with immediate drilling approvals at key sites.

European Resources has significantly expanded the exploration potential at its Korsnäs rare earth project in Finland, increasing the Exploration Target by up to 190% to between 18 and 32 million tonnes at 0.8% to 1.0% TREO. This growth follows new passive seismic survey results and geological modelling extending mineralisation down to -400 m RL.

Right Resources has significantly enlarged its Blue tungsten prospect near Tumbarumba, NSW, confirming strong geochemical signatures and advancing metallurgical testwork to assess recovery potential.

Vault Minerals is on track to meet FY26 production targets with a strong focus on expanding its King of the Hills operation and progressing a merger with Regis Resources, positioning itself as a senior gold producer.

BPM Minerals has confirmed a significant down-dip extension of high-grade gold mineralisation at its Beachcomber Main Lode within the Forelands Gold Project, Western Australia, with assays showing continuity over 300m strike and 250m vertical depth.

Energy Transition Minerals (ASX: ETM) has identified ten new rare earth mineralised zones at Kvanefjeld, including a significant 1.8km trend with uranium levels below Greenland’s legal threshold, but faces regulatory uncertainty as licence renewal is recommended for denial.

Javelin Minerals has locked in a $1.5 million strategic placement to mining executive David Geraghty at a 9.5% premium to its last share price, boosting exploration funding for key WA gold projects.