Latest Exploration Target News

Mandrake Resources reports significant progress at its Utah Lithium Project, confirming a 3.3Mt lithium carbonate equivalent inferred resource and advancing brine flow modelling to pinpoint high-grade lithium zones.

Manhattan Corporation advances a high-resolution magnetic survey at its Hook Lake gold project in Nunavut while agreeing to sell its L3 Lithium Project in Nova Scotia for up to $1.34 million.

Native Mineral Resources reports a successful ramp-up of gold production at its Blackjack plant, delivering nearly 700 ounces of refined gold and securing $10 million in fresh capital to fuel ongoing operations and exploration.

AuMEGA Metals has identified a significant new gold corridor at Cape Ray West, marked by high-grade gold-in-till anomalies linked to an untested felsic intrusive complex. The company is preparing for fully funded drilling in late 2025 to explore these promising targets.

Ordell Minerals has expanded the main gold mineralisation zone at its Barimaia Project in Western Australia to 700 metres of strike, delivering strong step-out drilling results including high-grade intercepts. Diamond drilling results are awaited, with new targets identified west of McNabs.

VHM Limited has secured a significant offtake framework with Mitsui and a US$200 million financing interest from the US Export-Import Bank for its Goschen Rare Earths and Mineral Sands Project, alongside key environmental approvals. These milestones set the stage for a Final Investment Decision in the first half of 2026.

VHM Limited has significantly expanded its Exploration Target at the Goschen Project in Victoria, revealing a potential resource of up to 4 billion tonnes of ore rich in valuable heavy minerals and rare earths. This update underscores Goschen's emerging status as a major player in Australia's mineral sands sector.

Catalina Resources unveils a revitalised strategy targeting gold, rare earths, and lithium across Western Australia’s underexplored regions, backed by strong leadership and a solid cash position.

Axel REE Limited reports encouraging auger drilling results at its Caldas Project in Brazil, confirming broad near-surface rare earth mineralisation and initiating new drilling at Caldas South. The company aims to define an Exploration Target and advance metallurgical studies to support resource development.

Haranga Resources has raised $14 million through an oversubscribed placement led by Collins St Gold Fund, aiming to fast-track exploration and development at its Lincoln and Ibel South gold projects.

Iltani Resources has locked in an $8 million investment from Queensland’s government-backed QIC fund to fast-track its Orient Silver-Indium Project, positioning the company at the forefront of critical minerals development in Northern Queensland.

Fortuna Metals has launched phase one hand auger drilling at its Mkanda and Kampini projects in Malawi, targeting significant rutile mineralisation near Sovereign Metals’ giant Kasiya deposit. Early assay results are expected by late 2025, with a larger phase two program planned.