Latest Exploration Success News

AKORA Resources has successfully renewed its main tenement PR10430 for the Bekisopa Iron Ore Project, marking a pivotal step under Madagascar’s updated Mining Code and reinforcing the project’s path to production.

Traka Resources has strategically entered Guinea’s prolific Siguiri Basin by securing a 75% earn-in joint venture in the Didi Gold Project, which hosts confirmed high-grade gold mineralisation. The company plans an aggressive multi-stage exploration program backed by an experienced local team.

Southern Hemisphere Mining has identified a significant new copper target, Ferro West, near its existing Ferro deposit at the Llahuin project in Chile, supported by advanced geophysical data and surface copper oxide findings.

Westgold Resources reports robust high-grade gold intercepts from its Fletcher Zone drilling at Beta Hunt, with a maiden Mineral Resource Estimate expected by late Q4 FY25. The company also plans to initiate drilling at the promising Mason Zone, potentially extending the mineralised strike to around 4km.

Patronus Resources has reported significant high-grade gold intercepts at its Mertondale Gold Project, confirming substantial exploration upside and unveiling a maiden JORC Exploration Target named Koi. The results reinforce the potential to expand beyond the existing 241,000-ounce resource.

Cosmo Metals has appointed Ian Prentice as Managing Director, tasking him with accelerating exploration at the promising Bingara and Nundle projects in NSW. Prentice’s extensive industry experience signals a strategic pivot towards unlocking value in underexplored assets.

Bayan Mining and Minerals Limited has launched a focused field exploration program at its Pepita Gold Project in southern Brazil, aiming to refine high-priority drill targets based on a significant soil anomaly. This initiative positions the company to potentially follow up on promising regional gold discoveries nearby.

Kalgoorlie Gold Mining is broadening its exploration footprint around the promising Lighthorse gold discovery, identifying new undrilled target zones along a 13 km geological corridor. Upcoming drilling campaigns aim to unlock the full potential of this emerging gold system.

Great Boulder Resources has resumed reverse circulation drilling at the Mulga Bill North target within its Side Well Gold Project, aiming to expand a high-grade gold resource that could surpass one million ounces.

Trinex Minerals has secured statutory approval for a Reverse Circulation drilling program at its Dudley Lithium Project on Kangaroo Island, marking a key step forward in its lithium exploration strategy. Meanwhile, the company has withdrawn from its uranium project in Canada to focus resources on lithium.

Matsa Resources has completed the sale of its 20% interest in part of the Lake Rebecca Gold Project to Ramelius Resources, receiving the final payment and solidifying its strategic position.

Bulletin Resources has received the final $0.8 million payment from Ramelius Resources for the partial sale of tenure at its Lake Rebecca Gold Project, completing a transaction that has injected nearly $4.8 million into the company since 2021.