Latest Exploration Success News

Capricorn Metals has gained crucial federal environmental approval for expanding its Mount Gibson Gold Project, clearing a key hurdle toward development commencement in late 2026.

Viking Mines has agreed to sell its non-core First Hit Gold Project in Western Australia to First Au Limited for up to $5 million, allowing it to concentrate resources on its flagship Linka Tungsten Project in Nevada with drilling imminent.

Midas Minerals’ initial diamond drilling at the Deblin deposit within Namibia’s Otavi Copper Project reveals two wide zones of visible copper sulphides, underscoring the project’s exploration potential ahead of assay results expected in September 2026.

Cobre Limited has secured an option to acquire 100% of 25 mining concessions adjacent to its Sierra Atacama copper project, significantly enlarging its landholding in northern Chile's IOCG belt with a staged, low-cost payment plan.

Lion Energy has locked in Indonesian government approval for a key farm-out deal, enabling OPIC to fund the majority of the Bula Karang-1 well costs while Lion retains a significant stake in the East Seram PSC.

Genesis Minerals (ASX:GMD) reports robust drilling results at Laverton, underpinning plans to expand processing capacity and organic growth. The completion of the A$639 million Magnetic Resources acquisition adds 2.2Moz to resources, lifting total resources to 21.3Moz and reserves to 5.4Moz.

Larvotto Resources has delivered compelling high-grade drill results from the Midas Lode at its Hillgrove project, reinforcing a substantial near-surface Exploration Target and underpinning plans for a maiden Mineral Resource Estimate.

New Murchison Gold Limited (ASX:NMG) has boosted its Garden Gully Gold Project mineral resource by 47%, adding maiden resources for Lydia and Abbotts and lifting total contained gold to 359,000 ounces.

Amara Minerals has completed a $2.2 million placement by issuing 440 million shares at a 25% premium, backed by a $500,000 cornerstone investment from Nova Minerals. The funds will fuel drilling at its Victorian gold-antimony projects and support broader exploration ambitions.

Lefroy Exploration’s metallurgical tests reveal up to 97% gold recovery from its Burns High-Grade Deposit, underpinning plans for a resource update by September 2026.

OzAurum Resources has completed its extensive grade control drilling at Mulgabbie North, delivering consistent high-grade gold intercepts at shallow depths and progressing site civil works for heap leach infrastructure.

Australian Mines appoints Andrew Nesbitt as Managing Director and adds two new Non-Executive Directors, while unveiling a 1-for-5 share consolidation and director incentives linked to key project milestones.