Latest Exploration Targeting News

Terrain Minerals has launched a significant reverse circulation drilling program at its Lightning Gold Prospect, aiming for a maiden resource by mid-2026. Early results hint at a promising new gold and silver discovery in a prolific Western Australian district.

G50 Corp has initiated core drilling at its Golconda Project in Arizona, aiming to expand on a recent high-grade gold and silver discovery and explore new mineralisation zones. This move underscores the project's strategic importance amid growing demand for precious and strategic metals.

Pacgold has completed its maiden drilling at White Lion, intersecting promising gold mineralisation, while extending the Jerry Dodds lode strike to 1.8km, both discoveries supporting further exploration in 2026.

Nimy Resources announces a maiden JORC Inferred Mineral Resource at its Mons Block 3 project in Western Australia, featuring exceptionally high-grade gallium and significant rare earth oxides, positioning the company as a potential key supplier amid global supply constraints.

Iltani Resources has reported compelling assay results from its VTEM-targeted drilling at the Orient Silver-Indium Project, revealing multiple thick zones of high-grade silver-lead-zinc-indium mineralisation. These findings validate VTEM as a powerful exploration tool and hint at a significant expansion of the existing resource.

Charger Metals has initiated a 3,000m drilling program targeting a significant niobium anomaly at its Lake Johnston Lithium Project, funded by Rio Tinto Exploration. This move could unlock new battery metals potential alongside existing lithium and gold prospects.

Fortuna Metals has raised A$3.5 million through a share placement to fund expanded drilling at its Mkanda and Kampini rutile and graphite projects in Malawi. Assay results expected from late November will be pivotal in defining the projects’ resource potential.

Locksley Resources is accelerating development at its Desert Antimony Mine in California, delivering promising high-grade bulk sample results and advancing towards U.S. antimony production aligned with federal strategic goals.

Mount Hope Mining has completed Phase 1 drilling at its Mt Solitary gold target with promising results and is set to begin Phase 2 drilling, while advancing a broader portfolio of base metal prospects and regional land acquisitions in the prolific Cobar Basin.

Pioneer Lithium has identified promising exploration targets at its North Pine Project in Idaho, focusing on critical minerals like tungsten and antimony. The company plans advanced geophysical surveys to refine drill targets and leverage strategic processing opportunities nearby.

Patronus Resources (ASX – PTN) reveals a robust financial position with $78 million in cash and investments alongside a 2.3 million ounce gold equivalent resource base, underpinning a multi-commodity growth strategy across Western Australia and the Northern Territory.

Venari Minerals has identified six strong multi-element soil anomalies at its Needles Gold Project in Nevada, highlighting significant untested potential for large-scale epithermal gold-silver mineralisation. The company awaits assay results from recent drilling amid a US lab backlog.