Latest Exploration Success News

Lefroy Exploration has made a strong start at its Lucky Strike Gold Mine near Kalgoorlie, with pre-strip mining well underway and first ore haulage scheduled for early 2026. The company is fully funded and poised to begin toll milling in February, marking a significant step toward production.

Riedel Resources has successfully raised approximately $1.78 million through a pro rata entitlement offer and subsequent shortfall placement, positioning the company to advance its Kingman Gold Project.

African Gold Limited has reported significant step-out drilling results at its Blaffo Guetto deposit in Côte d’Ivoire, extending gold mineralisation beyond previous estimates and reinforcing the project’s scale and potential under new Montage Gold ownership.

Nova Minerals has priced a US$20 million NASDAQ offering to fund exploration and development at its Estelle Gold and Critical Minerals Project in Alaska, signaling a key step forward for the company’s growth ambitions.

Everest Metals Corporation has announced the issuance of $1.17 million in Junior Minerals Exploration Incentive tax credits to eligible shareholders following successful capital raisings in 2024-25. This move highlights the company’s ongoing commitment to exploration and shareholder value.

Austral Resources has defined multiple high-grade copper-gold exploration targets near its Rocklands processing facility, setting the stage for a sequenced, low-capex growth strategy with drilling planned from late 2026.

Aurelia Metals has reported significant drilling results at the historical Nymagee Mine in NSW, confirming extensions of polymetallic mineralisation that could underpin a new mine development in the Cobar region.

Greenvale Energy has wrapped its inaugural uranium drilling season at the Oasis Project with impressive assay results, confirming significant high-grade mineralisation and setting ambitious exploration targets for 2026.

Red Mountain Mining has reported encouraging exploration outcomes at its Utah Antimony Project, prompting a significant expansion of its claim holdings. The results reinforce the company's geological model and set the stage for an aggressive exploration campaign.

Ora Banda Mining has reported significant new high-grade gold intercepts from drilling at its Sand King northern corridor, pointing to a potential expansion of its mining inventory and extended mine life.

Marvel Gold Limited has agreed to sell its Yanfolila Gold Project in Mali to Askiya Mineral Resources for up to US$1.94 million, marking a strategic shift to focus on its Tanzanian assets.

Pinnacle Minerals has scrapped its planned second tranche placement, aiming to reduce shareholder dilution and maintain a leaner capital structure as it advances exploration milestones.