Latest Exploration Targeting News

Carnarvon Energy is gearing up for a high-impact Bedout Sub-basin drilling campaign in the first half of 2027, supported by a robust balance sheet and strategic investments.

Ragusa Minerals has reported strikingly high manganese and gold assay results from rock samples at its Purple Pansy Project in Arizona, setting the stage for targeted geophysical surveys and drilling to define a maiden resource.

Talisman Mining’s first air-core drilling at East Peak Hill in NSW uncovers promising gold and copper-cobalt-zinc mineralisation, setting the stage for a follow-up program in May to test vein-style gold and porphyry copper-gold targets.

Santana Minerals advanced its Bendigo-Ophir Gold Project in New Zealand with a confirmed consent decision date, major equipment agreements, and a substantial capital raise, setting the stage for development.

Castile Resources has kicked off pilot plant bench scale testing for its Rover 1 project, integrating a 41% resource upgrade and higher metal prices into its Bankable Feasibility Study. The company also secured $8.4 million in funding and is preparing for exploration drilling amid regional consolidation.

Cauldron Energy has won two co-funded grants totaling up to AUD 217,750 from the WA Government’s Exploration Incentive Scheme to advance uranium exploration at its Yanrey Project, targeting key palaeochannels including the high-priority Curtis channel.

Viking Mines has advanced its Linka Tungsten Project by completing a conceptual process flowsheet that incorporates recent metallurgical results and enables future processing upgrades. Preliminary engineering and cost evaluations are underway ahead of planned drilling in the June quarter.

Marvel Gold has completed an extensive drone magnetic survey at its Hanang Gold Project in Tanzania, revealing new mineralisation corridors and preparing to launch its first drilling campaign. Meanwhile, the company is exiting Mali due to regulatory hurdles, progressing the sale of its Yanfolila project.

Sentinel Metals is poised to launch its maiden drilling campaign at the Columbia Gold-Silver Project in Montana, pending final regulatory approval. The company also bolsters its local engagement with a strategic executive hire and advances environmental studies.

Noxopharm’s Sofra™ oligonucleotides, delivered via InhaTarget’s inhalable lipid nanoparticles, achieved a significant reduction in lung inflammation in preclinical models, broadening Sofra’s therapeutic reach and delivery versatility.

Fortuna Metals (ASX: FUN) has extended the rutile mineralisation footprint at its Mkanda Project in Malawi from 37km² to 53km², revealing high-grade cores and planning extensive drilling to underpin a maiden resource estimate in the second half of 2026.

Dreadnought Resources accelerated progress on gold and critical metals fronts in the March quarter, securing mining approvals, expanding its rare earth portfolio, and delivering high-grade drill results at key prospects.