Latest Exploration Success News

Strata Minerals Limited has secured an option to acquire the Zelica Gold Project in Western Australia, featuring a historical 30,000-ounce gold resource and existing mining infrastructure. The company plans to upgrade the resource and explore near-term extraction opportunities.

Aldoro Resources has agreed to sell its non-core projects for approximately $3.3 million, enabling a sharpened focus on its flagship Kameelburg Niobium-REE Carbonatite Project in Namibia. The deal includes a significant share distribution in Sultan Resources to Aldoro shareholders.

Santa Fe Minerals has completed its acquisition of the Eburnea Gold Project in Côte d’Ivoire and raised $1.2 million to fund upcoming exploration activities.

Patronus Resources (ASX, PTN) reveals a robust financial position with $70 million in cash and investments against a market cap near $100 million, underpinned by 2.3 million ounces gold equivalent resources in Tier-1 Australian jurisdictions. The company’s active exploration and strategic acquisitions signal promising growth ahead.

Yandal Resources has completed a major air-core and RC drilling campaign at its Arrakis Prospect, revealing a substantial 2.2km mineralised gold structure. Final assay results from air-core drilling are in, with RC results expected soon, setting the stage for further exploration.

North Stawell Minerals (ASX – NSM) reports promising drilling results and a robust project pipeline at its North Stawell Gold Project, highlighting shallow, high-grade gold mineralisation analogous to the nearby Stawell Gold Mine.

PolarX Limited has completed a $5.09 million share placement, issuing over 339 million shares at 1.5 cents each under its ASX Listing Rule 7.1 capacity. The move strengthens the company’s capital base without the need for a formal disclosure document.

Moho Resources has expanded a high-grade gold vein at its Bush Chook Project in Western Australia to over 130 meters, accelerating its exploration with new technology and historic data integration.

Hammer Metals has reported promising high-grade gold assays from its Bronzewing South Project near the historic Bronzewing Mine, signalling potential for a significant new gold discovery in Western Australia.

Vault Minerals reports a 31% increase in gold Ore Reserves to 4 million ounces and a 3% rise in Mineral Resources to 12.2 million ounces as of June 2025, driven by strong growth at Leonora, Sugar Zone, and Mount Monger.

Stavely Minerals highlights significant progress in its Stavely Project with robust drill results and promising gold and copper-gold-silver resources. The company’s strategic focus on expanding gold discoveries at multiple prospects signals potential growth in a fertile volcanic belt.

Ausmon Resources is set to begin a focused drilling campaign in South Australia's Limestone Coast, aiming to deepen understanding of rare earth element deposits within the Parrakie tenement. This follows promising earlier exploration that identified significant mineralisation trends across the region.