Latest Exploration Targeting News

Terrain Minerals has released a maiden inferred mineral resource estimate at its Lightning Gold Project alongside advancing multiple critical and precious metals projects across Western Australia and Queensland.

Clara Resources (ASX:C7A) sharpened its exploration focus on the Mareeba Gold Project, unveiling seven new targets from a LiDAR survey and expanding its tenure by 111 km². The company also refreshed its leadership and bolstered its cash position through a $1.13 million equity raise.

LE Minerals (ASX:LEL) reported a strong $60.4 million cash reserve as it progresses a $20 million sale and spin-out of its Queensland graphite assets to M Battery Materials. Meanwhile, exploration at its Capricorn Gold-Copper Belt and White Plains Lithium projects continues with mixed early results.

Larvotto Resources has kicked off processing at Hillgrove's Metz mine while securing the Blockade Copper Mine and moving to acquire Hammer Metals, broadening its critical minerals portfolio.

Venus Metals Corporation (ASX:VMC) has fortified its balance sheet with a $47 million sale of its Youanmi Gold Project royalty, rebuffed a hostile takeover, and set in motion significant shareholder returns including a $35 million cash dividend.

Raptor Metals has confirmed a significant stacked copper-rich VMS system at its Chester Project through maiden drilling, while expanding its footprint with key acquisitions in the Bathurst Mining Camp.

Impact Minerals pushes its Lake Hope High Purity Alumina project into pilot production while its JV partner Kuniko hits mineralisation in every hole at Commonwealth, discovering new high-grade extensions.

Golden Dragon Mining has delivered standout high-grade gold intersections at its Cue Gold Project while significantly expanding its landholding adjacent to Westgold’s Big Bell Mine.

Theta Gold Mines has locked in a US$90 million senior secured bond and raised US$18.6 million in equity, pushing its TGME Gold Project construction steadily towards first gold in early 2027.

Manuka Resources has accelerated its transition to production at the Wonawinta Processing Plant, boosting its silver ore reserve by 28% and gearing up for gold and silver output starting mid-August 2026.

American West Metals (ASX: AW1) reported significant exploration breakthroughs at its West Desert Project in Utah and ongoing Pre-Feasibility Study progress at the Storm Copper Project in Nunavut, backed by a $10 million capital raise.

Rincon Resources confirms historic high-grade gold-copper mineralisation extensions at Telfer South and secures a significant joint venture deal for West Arunta, underpinning its exploration focus and capital position.