Latest Exploration Target News

Viking Mines has hit 14 metres at 0.56% WO3 in the first assay from maiden drilling at its Linka tungsten project in Nevada. The result confirms mineralisation below historic workings, although a duplicate sample returned a lower grade and no resource has yet been defined.

Manuka Resources has reported several high-grade, shallow gold intersections from its Pipeline Ridge drilling campaign, led by 32 metres at 7.98 grams per tonne. The results support a maiden resource estimate, but metallurgy, true widths and resource classification remain unresolved.

Leeuwin Metals will acquire three Western Australian exploration tenements covering about 105km², including ground adjoining the Marvel Loch gold mine. The all-scrip deal requires no cash payment, but two of the licences remain applications and the exploration case is still at an early stage.

Ore Resources has extended lithium mineralisation beyond the current resource boundaries at its Big Red and Potoroo pegmatites, with drilling still open to the north and west. The results add exploration upside to Kangaroo Hills as the company advances strategic discussions and approvals for a potential DSO operation.

Gold Mountain has identified clustered niobium, magnet rare earth and phosphate anomalies across four Araxá prospects after expanding its stream sediment dataset to 515 samples. The results sharpen exploration targets, but the project remains well short of drilling, resource definition or economic assessment.

Ora Banda Mining has begun underground development at Waihi in Western Australia, where drilling has returned intersections of up to 1.6 metres at 65.9 g/t gold. The mine is scheduled to deliver first underground ore in mid-2027, ahead of the company’s planned 3.0 Mtpa Davyhurst processing plant.

VHM has taken Goschen from a permitted project to a more financeable development, with Iluka committing to buy all planned rare earth concentrate and providing A$40 million in convertible note funding. The company remains pre-revenue, has not made a Final Investment Decision and will need further funding before construction can begin.

Canadian Phosphate has extended visually identified phosphate mineralisation at its Wapiti project in British Columbia to approximately 9km of strike. The company will spend more on exploration while deferring its Barnes bulk sample to 2027 and relying on lower-margin Montana inventory for near-term supply.

Golden Dragon Mining has extended the Cue Gold Project’s high-grade story, with Behring Bore returning 4 metres at 6.98 g/t gold and Coodardy mineralisation now defined across about 500 metres of strike. A larger 2,500-metre RC program will test whether the zones continue at depth and along strike.

Sunstone Metals has completed its 30-hole Bramaderos resource-growth program with a 5.95m zone grading 26.61 g/t AuEq and a separate 367.99m mineralised intersection. The results will feed into a 2026 resource update expected in the coming quarter.

Haranga Resources is preparing to begin a 16-hole underground drilling campaign at its Lincoln Gold Project, targeting the southern resource and an under-drilled gap between the Lincoln and Comet zones. The programme arrives alongside new underground power infrastructure, completed dewatering and several assays that could shape a later resource update.

Evion has identified a previously unmined 200m by 200m prospect at its Carp Fluorspar Project in Nevada, just 300m from the historic South Pit. Assays are pending, with geophysical surveys and a potential maiden drilling programme next in line.