Latest Exploration Success News

Matsa Resources has officially commenced gold production at its Devon Pit Gold Mine, marking a significant step forward in its Lake Carey Gold Project. With maiden reserves confirmed and a robust option agreement in place with AngloGold Ashanti, the company is poised for growth amid ongoing exploration success.

Golden Dragon Mining is set to begin a ~2000m drilling campaign at its promising Coodardy gold target in Western Australia, aiming to confirm mineralisation following strong historic results.

NexGen Energy reports compelling high-grade uranium assay results from its Patterson Corridor East discovery, reinforcing the project's potential alongside the flagship Arrow deposit.

Regis Resources has significantly increased Ore Reserves at its Buckingham-Wellington pits, extending Duketon North’s mine life and boosting production prospects with minimal new capital investment.

Yandal Resources has finalised the sale of its Gordons Gold Project tenement, receiving $2.81 million in combined cash and shares, and raised additional funds to strengthen its balance sheet to approximately $18 million. This financial boost positions the company to accelerate exploration activities across its Western Australian gold portfolio in 2026.

Eagle Mountain Mining has successfully raised $3.56 million through a placement and entitlement issue, aiming to accelerate exploration and business development in its Arizona copper-gold projects.

EV Resources confirms a large-scale antimony system at its Los Lirios project in Mexico, with promising metallurgical results and advancing plant engineering supporting a rapid development pathway.

OzAurum Resources reports robust high-grade gold results from recent drilling at Mulgabbie North, reinforcing its growth and development prospects. The company advances metallurgical testing and site planning, signaling a shift from exploration to production.

Gorilla Gold reports robust drilling results from its Comet Vale Gold Project, setting the stage for a significant December 2025 resource update. The company’s exploration success at Cheer, Lakeview, and Sovereign prospects highlights promising high-grade gold intercepts.

Power Minerals Limited updates its acquisition of the Gamma Heavy Rare Earths Project in California, clarifying historical data limitations and securing $4.1 million to fund exploration activities.

Ballard Mining Limited has released a comprehensive investor update following its July 2025 IPO, highlighting a robust 1.1 million ounce gold resource at Mt Ida and a strong cash position of $40 million. The company outlines ambitious exploration targets and development plans aiming to extend mine life beyond a decade.

QMines Limited has identified several significant gold targets at its Mount Mackenzie Gold Project through advanced reprocessing of magnetic data, with a maiden drilling program now in progress to test these promising zones.