Latest Exploration Success News

Flynn Gold Limited has reported significant progress in its Tasmanian gold exploration projects, including new high-grade gold discoveries and a successful $5 million capital raise to fund further drilling and development.

Asian Battery Metals PLC has successfully raised $6 million through an oversubscribed equity placement, positioning the company to advance exploration and acquisition efforts across its Mongolian battery metals projects.

TG Metals Limited reports multiple high-grade gold intercepts from its maiden drilling at the Tasman Pit within the Van Uden Gold Project, reinforcing plans to extend the pit and update resource models.

Beach Energy reported an 8% increase in production to 5.0 million barrels of oil equivalent in Q1 FY26, driven by strong performance in the Otway Basin and Cooper Basin flood recovery. Sales revenue rose 18% to $537 million, supported by two LNG cargoes from the Waitsia Gas Plant, which is now approaching its Ready For Start Up milestone.

Broken Hill Mines reports a milestone September quarter with record mining at Rasp, breakthrough access to the Blackwoods orebody, and strong drilling results at Pinnacles, setting the stage for growth in FY26.

Advance Metals has established a new Mexican Advisory Board to leverage deep local expertise and fast-track its ambitious silver-gold exploration targets in Mexico. The company aims to more than double its silver-equivalent resources to over 200 million ounces with upcoming drilling campaigns.

Ballard Mining’s infill drilling at the Baldock deposit continues to reveal strong high-grade gold intersections, underpinning plans for a maiden ore reserve by mid-2026. The program is 74% complete, boosting confidence in resource conversion and future mine life.

Askari Metals has completed the sale of its Australian subsidiary First Western Gold, including the Burracoppin Gold Project, to Forrestania Resources, enabling a strategic pivot to its African exploration assets.

Latitude 66 has completed the sale of its 17.5% stake in the Greater Duchess Joint Venture to Carnaby Resources for A$6 million, eliminating debt and boosting funds for exploration.

MRG Metals reports encouraging early exploration results at its Adriano Rare Earth Project in Mozambique, with all 17 auger drill holes revealing heavy mineral concentrates and pegmatite outcrops suggesting a primary rare earth source. Assay results are pending to confirm the extent and grade of these deposits.

Genesis Minerals delivered a record 72,878 ounces of gold in the September quarter, surpassing guidance and generating a robust A$166 million cash build. The company’s ASPIRE 400 growth strategy advances with key approvals and exploration success, setting the stage for sustained expansion.

Aurelia Metals has revealed significant exploration success at its Nymagee Mine in NSW, discovering two new mineral lenses and extending known mineralisation with promising gold and base metal grades.