Latest Exploration Target News

Broken Hill Mines (ASX: BHM) has hit a significant new bulk tonnage discovery at its Rasp Mine, revealing a 40m wide high-grade silver-lead-zinc zone that dwarfs previous resource estimates in the Centenary Zone.

Javelin Minerals confirmed continuity and expansion of its Eureka Gold Project resource with high-grade drill results, advanced permitting milestones, and expanded tenure at Coogee. A $1.5 million placement to mining executive David Geraghty strengthens the company’s cash position for upcoming exploration.

Cobre Limited deepens its footprint in Botswana’s Kalahari Copper Belt through a new partnership with Equinor to optimise in-situ copper recovery at Ngami, while drilling campaigns at Ngami and Okavango reinforce mineralisation continuity and highlight fresh exploration targets.

Catalina Resources has significantly expanded its Mid-West gold portfolio through strategic acquisitions funded by a $3 million placement, while advancing exploration with maiden drilling and promising assay results.

Sun Silver has significantly expanded its Maverick Silver Project in Nevada by acquiring the Bayan Springs North Project and staking additional claims, consolidating a continuous 15-kilometre corridor with minimal prior drilling and a promising new exploration target.

Desert Minerals reported strong gold soil anomalies at Mt Monger and completed drilling at Scotty Lithium, pending assays. A $1 million placement boosts cash to A$4.05 million, underpinning upcoming drilling and resource estimation.

Latitude 66 has locked in critical exploration permits for its high-grade KSB Project in Finland, enabling an accelerated development phase including drilling and advanced studies.

Dalaroo Metals' latest geophysical surveys reveal extensive sediment depths and new exploration targets at Blue Lagoon, significantly enlarging the project's rare earth system in southern Greenland.

Novo Resources has lodged a comprehensive NI 43-101 technical report for the Leven Star Reef at its Belltopper Gold Project, outlining an inferred resource of 87,000 ounces gold within optimised underground stope shapes and highlighting the need for flotation processing due to refractory sulphide mineralisation.

Everest Metals has kicked off a 2,000m reverse circulation drilling program at its Mt Dimer Exploration Project in Western Australia, supported by a $145,000 co-funding grant from the WA Government’s Exploration Incentive Scheme. The campaign targets three high-priority gold anomalies adjacent to existing mining operations, aiming to extend known mineralisation.

ADX Energy has secured A$3.58 million through a discounted placement to fund multi-zone testing at its HOCH-1 gas discovery in Austria, follow-up drilling, and offshore Sicily exploration amid Europe's tight gas market.

Macallum New Energy completed key 3D and 2D seismic surveys in Western Australia’s Perth Basin, setting the stage for prospect maturation and potential drilling in 2027 while maintaining a strong cash position.