Latest Exploration Targeting News

Savannah Goldfields has boosted the Red Dam gold Mineral Resource by 59% in ounces and introduced an Indicated category for the first time, underpinning plans for expanded mining and processing at Georgetown.

Sunstone Metals is pushing the boundaries of its Bramaderos gold-copper project in Ecuador, with all 20 holes assayed in the current drilling campaign delivering long mineralised intersections. The Porotillo porphyry system alone now extends mineralisation over an area of roughly 500m by 200m beyond the existing 3.6Moz resource.

A high-resolution airborne survey by PLC Resources has revealed a previously unknown large antiform structure at its Abbotts North Gold Project, opening a significant new exploration corridor in a proven gold belt. Assay results from maiden drilling at Rochefort are expected soon.

Metal Hawk has secured two contested exploration licences at its Mt Percy Gold Project, boosting its presence along the Keith-Kilkenny Shear Zone and expanding its northeast Goldfields portfolio.

Venus Metals Corporation has secured $47 million from selling its Youanmi Gold Project royalty, while exploration at Henderson and Youanmi Base Metals projects reveals promising targets. The company also initiates titanium extraction R&D and plans special dividends for shareholders.

Cobre Limited is progressing a major upgrade of its Sierra Atacama copper project in Chile, aiming to convert a large foreign resource estimate into a JORC-compliant Mineral Resource Estimate while launching a 40,000-metre drilling program targeting near-mine expansion and deeper sulphide mineralisation.

Aureka Limited has completed a Concept Level Study for its Comstock Gold & Silver Project, selecting the Walkers Pit as the preferred site for a low capital, fast-start mining operation. The company has lodged a Prospecting Licence application and is advancing an infill drilling program to upgrade its 56,000-ounce inferred resource.

Gold Mountain Limited has reported robust assay results from thirteen diamond drill holes at its Irajuba IR-1 Prospect, expanding the rare earth mineralised footprint beyond initial targets to over 1.2 kilometres.

Mithril Silver and Gold has upgraded its Target 1 resource at the Copalquin project, delivering a 196% increase in indicated ounces and incorporating mining dilution to better reflect practical extraction scenarios.

Cauldron Energy has updated its Yanrey Uranium Project exploration target, expanding the prospective uranium resource range to between 89.7 and 269 million pounds of uranium oxide, excluding its existing 55 million pounds resource base.

Benz Mining's drilling at Glenburgh's Hurricane Camp reveals thick, high-grade gold mineralisation linking key zones and extending the deposit down-plunge by over 400 metres, boosting the project's growth potential.

Askari Metals is deepening government and community partnerships in Ethiopia while advancing operational readiness at its Nejo Gold-Copper Project, positioning for imminent exploration activity.