Latest Exploration Targets News

Auravelle Metals has pinpointed numerous new gold exploration targets at its Nuckulla Hill project in South Australia, backed by fresh magnetic and soil data. The company also completed soil sampling at its Crown Gold Project in Western Australia and secured a $1.5 million placement to fund upcoming drilling.

Canadian Phosphate has secured a five-year exploration permit for its Wapiti Phosphate Project and commenced a 3,000m drilling campaign, while progressing the pending acquisition of the Diamond Mountain Project in Utah. A $5.2 million capital raise positions the company to accelerate its North American phosphate ambitions.

Leeuwin Metals has secured a key mining lease at Evanston, placing all its Marda Gold Project resources on granted leases, while promising drill results and a strategic collaboration set the stage for resource expansion and project development.

Taruga Minerals secured key exploration licences at its Weioko Gold Deposit in Papua New Guinea, paving the way for the first drilling since 2009. Concurrently, the company formalised land access at Kol Mountain and identified multiple high-priority copper-gold targets as field programs ramp up.

GreenTech Metals’ latest drilling at Munni Munni confirms thick, high-grade PGE-Cu-Ni zones while an independent review spotlights significant new copper targets. The company strengthens its balance sheet with a $7.5 million placement and key technical hires ahead of an ambitious drill campaign.

Iltani Resources has unveiled striking high-grade silver-indium-lead-zinc intercepts from its latest drilling at the Orient Silver-Indium Project, reinforcing the scale and quality of Australia's largest known silver-indium deposit.

Loyal Metals has secured full ownership of the Highway Reward Copper-Gold Mine and progressed its North American lithium projects, while moving forward with a A$79.1 million cash takeover by PT Bumi Resources.

Avira Resources has secured critical approvals and made substantial progress in its 4,500-metre RC drilling program at the Mt Cattlin Gold Project, advancing towards a maiden resource estimate targeted for Q4 2026.

Australian Oil Company Limited has successfully reactivated its Emu Apple-1 well, restoring production to pre-intervention levels, while advancing preparations to restart gas production at Major-4 in the Surat Basin.

Southern Cross Gold’s latest drill results from Sunday Creek reveal a 481-metre continuous gold zone connecting the Christina prospect to Golden Dyke and extending into Rising Sun, including multiple high-grade hits up to 496 g/t gold.

Xenora Minerals has identified fresh lithium anomalies in its Dudley Lithium Project on Kangaroo Island, with plans to drill later this year. The company also maintains a solid cash position of A$2.17 million while advancing Canadian projects.

Carnarvon Energy has contracted the Transocean Equinox rig for a multi-well drilling campaign in the Bedout Sub-basin starting April 2027, following a 92% increase in prospective resources from its seismic MegaMerge project. The company maintains a robust cash position of A$98 million with no debt, underpinning its exploration and development ambitions.