Latest Exploration Targeting News

Prodigy Gold has won a $112,152 co-funding grant from the Northern Territory Government to drill a 600m hole at its Hyperion Gold Deposit, targeting a major untested geophysical anomaly that could expand the 454,000-ounce resource.

Azzuro Resources has reported thick, high-grade copper-gold-zinc-silver mineralisation from drillhole MU2601 at its Red Hill project, while drillhole MU2605 visually extends the massive sulphide zone by 124 metres, highlighting a substantial polymetallic system still open along strike and at depth.

Critical Resources has identified 14 pegmatite bodies, including six new ones, at its Mavis Lake Lithium Project, setting the stage for targeted drilling in 2026 as part of its multi-deposit lithium district strategy.

Novo Resources has delivered a maiden inferred resource estimate for the Leven Star Reef within its Belltopper Gold Project, outlining 87,000 ounces of contained gold and setting the stage for further exploration and resource expansion.

Cadoux Limited has inked a joint venture to earn up to 80% of the Wimmera Mineral Sands Project in Victoria, revealing promising high-grade drilling results at its Danube prospect. The project aims to feed Cadoux’s Minhub processing hub, targeting critical heavy rare earths supply.

Southern Hemisphere Mining has confirmed extensive visible copper sulphide mineralisation down to 256 metres in diamond drilling at its Llahuin project, underpinning the scale potential of this porphyry copper system.

Bellavista Resources kicks off a major drilling campaign targeting a shallow 1 million ounce portion of its 2.8 million ounce gold resource at Pickle Crow, Canada, aiming to unlock open pit mining opportunities amid soaring gold prices.

West Coast Silver has uncovered a significant expansion of silver mineralisation at its Elizabeth Hill Project, with recent drilling extending the known resource 70 metres north and confirming the system remains open at depth and along strike.

Lodestar Minerals (ASX:LSR) confirms large-scale IOCG mineralisation in Chile and high-grade heavy rare earths in the USA, while progressing a 10,000m gold drilling program in Western Australia targeting a maiden resource.

Yandal Resources (ASX:YRL) has reported significant new gold intercepts at its Arrakis Prospect, confirming continuity and high-grade zones, while diamond drilling at Flushing Meadows reveals promising fresh rock mineralisation below the existing 268,000-ounce resource.

Ozz Resources aims to raise up to AUD 5 million through a public offer to fund the acquisition of Sulphide Minerals and exploration of the Bedaburra Project, pending ASX re-admission and shareholder approval.

South32 advances its stake in Hammer Metals’ Isa Valley project with a A$3 million exploration commitment, while Sumitomo Metal Mining Oceania signals withdrawal from the Bullrush joint venture.