Latest Exploration Targeting News

Lincoln Minerals has uncovered significant copper and base metals mineralisation in previously overlooked footwall sequences at its Minbrie prospect on South Australia's Eyre Peninsula, prompting a focused two-phase exploration program.

Felix Gold Limited reports outstanding high-grade antimony and gold results from trench sampling at its Treasure Creek Project, highlighting potential for near-term production amid critical supply concerns.

Finder Energy reports excellent progress on its Ikan 3D seismic reprocessing project, with imaging results exceeding expectations and the project on track for completion by end Q1 2025. The enhanced data aims to optimise development wells and de-risk exploration targets, potentially unlocking significant value.

Belararox Limited has initiated drilling at its Malambo copper-gold porphyry target and is making steady progress at Tambo South, marking a pivotal phase in the Toro-Malambo-Tambo Project in Argentina.

Blue Star Helium has initiated well testing at its Great Plains assets in Lincoln County, Colorado, aiming to confirm commercial viability and guide development decisions. Positive results could accelerate the company’s expansion in North America’s helium market.

Copper Search Limited has entered an exclusive option and joint venture agreement to earn up to 75% in the Byrock Project, a highly prospective copper-gold exploration asset in the Lachlan Fold Belt, NSW. The company plans to commence drilling in Q3 2025, aiming to unlock significant shareholder value through large-scale discovery.

GTI Energy Ltd reports promising uranium leach test results from its Lo Herma project in Wyoming, demonstrating approximately 75% recovery rates consistent with regional ISR operations. These findings underpin the upcoming Scoping Study expected in H1 2025.

Coolabah Metals Limited is undertaking a $3-4 million capital raise to fund the acquisition of Broken Hill Mines Pty Ltd and its subsidiary, aiming to re-list on the ASX and focus on developing the Rasp and Pinnacles Mines.

Xstate Resources has divested its 25% stake in the Crest Jinn assets in Alberta, Canada, opting for a modest royalty interest as it refocuses amid geopolitical and operational uncertainties.

Aureka Limited has initiated a new diamond drilling campaign at its Tandarra Gold Project JV while continuing strong progress at the Irvine Gold Project, aiming to expand its gold mineralisation footprint in Victoria.

Aurumin Limited has initiated a 2,000m drilling campaign at its Central Sandstone Project targeting high-grade iron ore, advancing a potential $7 million joint venture with Newcam Mineral Pty Ltd. This move aims to unlock significant value from a promising iron ore district with grades up to 67% Fe.

Arika Resources has revealed promising high-grade gold results from rock chip sampling at its Yundamindra Gold Project, spotlighting the Queen of Sheba prospect and expanding discovery potential in Western Australia’s Laverton district.