Latest Exploration Targeting News

American Tungsten & Antimony Ltd plans to unlock value by spinning out its Drummond Basin and NSW gold exploration assets into a new ASX-listed company, King Metals Limited, aiming to raise up to $6 million in an IPO.

Flynn Gold has successfully extended high-grade gold mineralisation across a 9km zone at its Golden Ridge Project in northeast Tasmania, with drilling confirming a large-scale gold system. Meanwhile, drilling at the nearby Mangana Project is underway, promising further updates in early 2026.

S2 Resources has completed the sale of its Fosterville exploration licence to Agnico Eagle for A$17 million, significantly strengthening its cash position and enabling a renewed focus on exploration projects in New South Wales and Western Australia.

Mithril Silver and Gold accelerates exploration at its Copalquin gold-silver project with a third drill rig mobilized and a 25,000-metre drilling program planned for 2026, targeting multiple high-grade zones.

Asian Battery Metals has confirmed expanded high-grade copper and gold mineralisation at its Maikhan Uul project in Mongolia, with new surface and drilling results revealing a larger and more complex system than previously known.

Stavely Minerals has advanced exploration at its large-scale Freddy’s Find gold prospect, completing key drilling phases and preparing for further work in early 2026. Assay results from recent programs are expected soon, potentially unlocking a significant new gold discovery in western Victoria.

Austral Resources has defined multiple high-grade copper-gold exploration targets near its Rocklands processing facility, setting the stage for a sequenced, low-capex growth strategy with drilling planned from late 2026.

Lodestar Minerals has defined its first Exploration Target at the Neds Creek Gold Project in Western Australia, estimating up to 300,000 ounces of gold within an open-pit framework. The company plans a significant drilling campaign in early 2026 to validate and potentially upgrade this target to a JORC-compliant Mineral Resource.

Resource Minerals International Ltd has successfully raised $1 million through a share placement to fund exploration projects across Saudi Arabia, Tanzania, and Finland, while also achieving a debt-free status.

St George Mining reports its thickest and highest-grade rare earth and niobium intercept to date at the Araxá Project, signaling a potential major resource expansion in Brazil.

Thor Energy is gearing up for a pivotal 2D seismic survey in mid-2026 at its HY-Range Project, while securing significant funding through divestments of non-core assets, positioning itself for focused hydrogen and helium exploration.

Tali Resources has identified three promising new exploration targets within its West Arunta Project, setting the stage for an expansive drilling campaign in 2026 to test for significant mineralisation.