Latest Exploration Targeting News

Austin Metals has raised $3 million through a well-supported share placement to accelerate drilling at its Austin Gold Project in Western Australia’s Murchison region.

Power Minerals has completed a cutting-edge drone magnetic survey over its Santa Anna project in Brazil, revealing new exploration targets and setting the stage for a significant drilling campaign aimed at defining a maiden resource.

Critical Resources Limited has launched its first Reverse Circulation drilling campaign at the Cap Burn Gold Project in New Zealand’s Otago region, targeting promising down-plunge gold mineralisation beneath a significant arsenic soil anomaly.

Leeuwin Metals has announced a maiden Mineral Resource Estimate of 342,300 ounces of gold at its Marda Gold Project in Western Australia, achieved within nine months of acquisition. A 10,000-meter drilling campaign is planned for 2026 to target resource growth, particularly focusing on higher-grade zones.

Tempest Minerals has signed a binding option agreement with Green Steel and Iron to develop a green steel facility in Western Australia, integrating its Remorse magnetite project into a low-emission steelmaking venture.

Regis Resources revises its exploration update, reaffirming strong growth prospects at key underground and open pit targets across its Duketon and Tropicana gold projects.

Godolphin Resources has announced superior metallurgical flotation test results from its Lewis Ponds project, producing high-grade zinc and lead-gold-silver concentrates that promise to enhance the project’s economic outlook.

Lefroy Exploration has commenced reverse circulation drilling at its Burns Gold Deposit, aiming to extend a high-grade gold corridor with assay results expected early next year.

Felix Gold Limited has successfully raised $18 million through a placement to fund exploration and advance near-term military-grade antimony production in Alaska. The capital injection positions the company to capitalize on strategic supply opportunities amid global market shifts.

Sunstone Metals has raised $8 million through a discounted share placement to fund a scoping study and drilling at its Bramaderos Gold-Copper Project in Ecuador, while advancing strategic corporate discussions.

Cygnus Metals has intersected a substantial new mineralised zone at its Chibougamau Copper-Gold Project, signalling promising resource expansion potential. Follow-up drilling is imminent to delineate this discovery further.

Evolution Energy Minerals reports steady progress in its soil sampling program at the Chikundo Copper Project in Tanzania, with over 600 samples collected to date as it advances toward a 2026 drilling campaign.