Latest Exploration Success News

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.

Alkane Resources reports a total of 1.97 million ounces of gold in Mineral Resources at its Swedish Björkdal operations, with underground mining ongoing and open pit mining paused until 2027. Exploration highlights suggest promising extensions near existing infrastructure.

Beacon Minerals reported steady gold production of 6,884 ounces in the September quarter, while strategically retaining bullion holdings amid a record A$6,448/oz gold price.

Lodestar Minerals has confirmed significant gold mineralisation extensions at its Ned’s Creek project in Western Australia, while drilling in Chile faces a brief delay due to a rare wildflower bloom.

29Metals maintains steady copper output at Golden Grove despite seismic disruptions to zinc production, while progressing key growth projects and regulatory steps toward Capricorn Copper’s restart.

Dynamic Metals has won a $175,000 co-funding grant from the WA Government to advance diamond drilling at its promising Cognac West gold and copper prospect, part of the Widgiemooltha Project.