Latest Exploration Targeting News

Mount Hope Mining (ASX:MHM) has completed Phases 1 and 2 drilling at its Mt Solitary gold project in NSW’s Cobar Basin, delivering high-grade intercepts including visible gold up to 52.5 g/t and defining an exploration target of 1.3-1.9 million tonnes at 1.0-1.35 g/t Au.

Lefroy Exploration (ASX: LEX) is launching a focused 4,000m drilling program at its Mt Martin Gold Project to expand its 439,000-ounce resource, alongside an imminent Mineral Resource Estimate update reflecting stronger gold prices and revised economics.

Yandal Resources has commissioned a new exploration camp enabling a large-scale drilling campaign at its Ironstone Well-Barwidgee Gold Project. Recent results confirm a continuous mineralised system at Arrakis and high-grade gold at New England Granite, underpinning an ambitious 30,000m program for H1 2026.

Hillgrove Resources posted a record 3,120 tonnes of copper production in Q1 2026, driving a 22% jump in cash to $25.2 million. The company’s exploration at Emily Star and Nugent underpins ambitions to surpass 2 million tonnes annual throughput.

Caspin Resources has agreed to sell its entire Mount Squires Project interest to Agrimin Limited, receiving shares, options, performance rights, and a royalty, while concentrating on advancing its high-grade Bygoo Tin Project in New South Wales.

American Uranium Limited has kicked off a $2.59 million entitlement offer with free attaching options, aiming to accelerate drilling and studies at its flagship Lo Herma ISR Uranium Project. The updated timetable extends the offer period, while resource estimates remain stable.

Southern Cross Gold (ASX:SX2) reports exceptional drill results from its Golden Dyke prospect, with grades up to 254 g/t gold and significant antimony content, pushing deposit boundaries and confirming geological continuity at Sunday Creek.

Impact Minerals has reported standout assays from the first two holes in its Commonwealth JV drilling program, confirming rich gold, silver, and base metal mineralisation that extends known zones and sets the stage for an expanded Phase II campaign.

Galileo Mining maintains a strong cash position of approximately A$8.2 million as it confirms extensive PGE-nickel-copper mineralisation at Norseman's Mission Sill and completes deep diamond drilling beneath the Callisto deposit.

Fortuna Metals has outlined a substantial exploration target of 180-240 million tonnes at 0.86-1.0% rutile grade at its Mkanda project in Malawi, advancing drilling and metallurgical testing to position itself in a tightening global titanium feedstock market.

Battery Age Minerals has joined the U.S. Defense Industrial Base Consortium, positioning itself at the forefront of securing critical germanium supply amid escalating export restrictions from China. The company’s dual-continental assets in Austria and Utah and its technology initiatives aim to address strategic vulnerabilities in defence and semiconductor supply chains.

Asian Battery Metals has completed its acquisition of the Maikhan Uul Copper-Gold Project in Mongolia and is set to begin a 1,500-metre drilling campaign targeting gold mineralisation and feeder zones. The move complements its nearby Yambat project and signals an aggressive exploration push in 2026.