Latest Exploration Target News

Brightstar Resources has reported significant high-grade gold assay results from its extensive drilling campaign at the Sandstone Hub in Western Australia, highlighting promising early-stage prospects and reinforcing the project’s growth potential.

Terra Uranium Limited (ASX, T92) has agreed to acquire Dundee Resources Pty Ltd, gaining control of the Glen Eden project, the largest undeveloped tungsten-molybdenum deposit in New South Wales, backed by a $865,000 placement to fund exploration.

St George Mining has launched advanced geophysical surveys at its Araxá Niobium and Rare Earths Project in Brazil, aiming to pinpoint new high-grade mineralisation zones and support ongoing drilling efforts.

Tasman Resources has identified a large, prospective conductive target zone near its historic Vulcan drill hole VUD 008, opening a promising new chapter in copper-gold exploration.

Asian Battery Metals PLC confirms significant extensions of high-grade copper-nickel-platinum group element mineralisation at its Oval Discovery in Mongolia, bolstering prospects for a large-scale magmatic sulphide system.

Copper Search Limited has secured two key exploration licences in South Australia's Eromanga Basin for Heavy Mineral Sands, setting the stage for a fully funded drilling campaign later this year. The company is also progressing copper-gold projects in New South Wales with government co-funding applications underway.

OMG Group Limited has reported record monthly sales of $602,000 in June 2025, driven by surging ecommerce demand and strong operational cashflow, positioning the company for continued growth in FY26.

Mt Malcolm Mines has successfully completed a $1.04 million entitlement offer and raised an additional $200,000 through a placement, bolstering funds for its Western Australian gold projects.

Centaurus Metals has announced a maiden iron ore Exploration Target of 520-780 million tonnes grading 30-35% Fe at its Boi Novo Project in Brazil, alongside promising metallurgical testwork indicating high-grade concentrate potential.

Gateway Mining Limited has agreed to acquire Strickland Metals’ Yandal Gold Project for $45 million in shares, adding a 400,400-ounce inferred gold resource to its portfolio. The acquisition, pending shareholder approvals, positions Gateway for significant exploration and development in Western Australia’s prolific goldfields.

Ausgold Limited has released a Definitive Feasibility Study for its Katanning Gold Project in Western Australia, confirming a robust 10-year mine life with strong economic returns and aggressive exploration underway.

Koonenberry Gold’s joint venture with Newmont has delivered promising air core drilling results at the Junee Project, expanding known gold and copper mineralisation zones, while Fairholme JV results highlight porphyry system potential despite no significant assays.