Latest Exploration Targeting News

Minerals 260 has secured an expanded mining lease and acquired additional tenements, significantly enlarging its Bullabulling Gold Project footprint and advancing towards a final investment decision in early 2027.

Black Bear Minerals (ASX: BKB) has raised $12.5 million through a placement at a 16% discount to fund underground drilling and resource validation at its Shafter Silver Project in Texas, signaling strong institutional support for advancing mine restart plans.

Flynn Gold’s 2026 drilling at Firetower in northern Tasmania confirms multiple high-grade gold-tungsten-copper-cobalt zones, extending mineralisation depth and strike. Assays from two further holes are pending, with metallurgical testwork and resource modelling underway.

Nimy Resources has reported metallurgical tests confirming strong extraction rates of gallium and rare earth elements from its Block 3 resource at the Mons Project, underpinning its proprietary processing flowsheet and advancing its scoping study.

Taiton Resources has secured a farm-in agreement over EL 6468, significantly enlarging its Challenger West gold-copper project in South Australia. Historic drilling highlights shallow, high-grade mineralisation, while new soil sampling aims to sharpen upcoming drill targets.

Brazilian Rare Earths (ASX: BRE) has delivered a substantial expansion of its Monte Alto rare earths deposit with approximately 10,000 meters of new drilling revealing ultra-high-grade mineralisation beyond the existing resource boundaries and opening a northern growth corridor.

Far East Gold’s independent scoping study for the Idenburg Gold Project spotlights a substantial high-grade inferred resource at Sua, underpinning a clear development pathway and a planned drilling campaign to boost confidence and advance feasibility.

Aureka Limited has reported new high-grade gold intercepts extending mineralisation southwards at its St Arnaud Comstock project, reinforcing plans for near-term production using nearby milling capacity.

Desert Minerals has delivered a maiden JORC Mineral Resource Estimate for its Scotty Lithium Project in Nevada, outlining a substantial lithium clay deposit of 264.9 million tonnes at 1,006 ppm lithium, alongside a sizeable Exploration Target that hints at further growth.

Anson Resources has confirmed a 2,500-metre extension of uranium-vanadium mineralization at its Yellow Cat Project in Utah, with assay results indicating proximity to high-grade zones. Phase 2 drilling and environmental surveys are underway to upgrade a historical resource to JORC 2012 standards.

Palisade Metals has boosted its Finley Basin Tungsten Project landholding by 87% to over 696 hectares, setting the stage for maiden drilling in Q3 2026 aimed at validating historical tungsten mineralisation in Montana.

Dart Mining has digitised and verified extensive historical drilling data at its Walwa Tin Project, identifying two compelling deep drilling targets. Diamond drilling is set to begin in October 2026 to test these high-potential zones beneath known mineralisation.