Latest Exploration Target News

Sky Metals has used FY2026 to move Tallebung from exploration toward development, combining more than 500 drill holes with strong ore-sorting results and progress into NSW’s environmental approval process. The advance came alongside a A$5.37 million loss and continuing reliance on equity funding.

Eastern Resources has placed its Queensland Marengo Gold Project at the centre of its exploration strategy after 54 of 60 rock-chip samples returned more than 0.1 ppm gold, including a peak of 12.3 ppm. The company remains an early-stage explorer, with no JORC Mineral Resource yet defined and A$3.27 million in cash at year-end.

Solstice Minerals has extended copper-gold mineralisation beyond Nanadie’s current resource boundary, while downhole electromagnetic surveying has identified a 140m by 140m conductor scheduled for immediate drilling. The results add momentum to a three-rig campaign, but the resource itself remains unchanged.

Mt Malcolm Mines has identified four copper-gold exploration targets across its Malcolm Project, led by selective Braiser rock chips grading up to 1.37% copper. The broader target inventory is promising but remains early-stage, with no new drilling completed and most geochemical signals still awaiting laboratory verification.

PC Gold has identified a historically sampled high-grade domain at Spring Hill, with a composite 20.35m channel result grading 13.04g/t gold outside the current resource estimate. The target has not been drilled, leaving continuity and true width unresolved ahead of planned testing in late September.

Corazon Mining has begun a 50-hole, approximately 7,500-metre RC drilling program at its Chalice Gold Project in Western Australia. The campaign will test near-surface extensions to the existing 191,000-ounce resource, while the company cautions that its larger 830,000-ounce Exploration Target remains conceptual.

Estrella Resources has expanded its Timor-Leste exploration footprint by 100km2 while securing conditional approval to export a 100-tonne manganese sample to an Indonesian customer. The company is also preparing 3,000 metres of drilling and a possible upgrade to part of its 621Mt Werumata limestone resource.

Minrex Resources has completed its 33-hole Barje infill program and begun a 6,604-metre greenfield campaign at Tlamino in Serbia. The drilling will test whether Barje and Liska form part of a single mineralised system extending more than 1.5 kilometres.

A new magnetotelluric survey has identified a large conductive anomaly beneath Strickland Metals’ Obradov Prospect in Serbia, adding another high-priority target to its 9.25Moz AuEq Rogozna project. The anomaly is supported by overlapping gravity, IP, geochemical and drilling evidence, but still requires drilling to establish whether it contains an economic mineralised system.

Atomic Eagle has identified broad interpreted uranium zones at two early-stage exploration targets in Zambia, including a 600m by 200m zone at Muntanga North Target 5. The company still needs follow-up drilling to establish whether the mineralisation is continuous and significant enough to support resource growth.

Miramar Resources has secured A$1.25 million to fund drilling and early development work at its 80%-owned Gidji JV Gold Project near Kalgoorlie. The raise will target resource growth at Marylebone and Highway while testing deeper bedrock prospects at Marylebone and Lake.

Evergold Minerals has identified a new shallow gold-mineralised zone 600m northwest of the Duchess of York main zone in Western Australia. The Vanguard discovery will now be tested through resource-definition RC drilling planned for October.