Latest Exploration Targets News

Venus Metals Corporation has secured $47 million from selling its Youanmi Gold Project royalty, while exploration at Henderson and Youanmi Base Metals projects reveals promising targets. The company also initiates titanium extraction R&D and plans special dividends for shareholders.

Cobre Limited is progressing a major upgrade of its Sierra Atacama copper project in Chile, aiming to convert a large foreign resource estimate into a JORC-compliant Mineral Resource Estimate while launching a 40,000-metre drilling program targeting near-mine expansion and deeper sulphide mineralisation.

Aureka Limited has completed a Concept Level Study for its Comstock Gold & Silver Project, selecting the Walkers Pit as the preferred site for a low capital, fast-start mining operation. The company has lodged a Prospecting Licence application and is advancing an infill drilling program to upgrade its 56,000-ounce inferred resource.

Gold Mountain Limited has reported robust assay results from thirteen diamond drill holes at its Irajuba IR-1 Prospect, expanding the rare earth mineralised footprint beyond initial targets to over 1.2 kilometres.

Mithril Silver and Gold has upgraded its Target 1 resource at the Copalquin project, delivering a 196% increase in indicated ounces and incorporating mining dilution to better reflect practical extraction scenarios.

Cauldron Energy has updated its Yanrey Uranium Project exploration target, expanding the prospective uranium resource range to between 89.7 and 269 million pounds of uranium oxide, excluding its existing 55 million pounds resource base.

Benz Mining's drilling at Glenburgh's Hurricane Camp reveals thick, high-grade gold mineralisation linking key zones and extending the deposit down-plunge by over 400 metres, boosting the project's growth potential.

Askari Metals is deepening government and community partnerships in Ethiopia while advancing operational readiness at its Nejo Gold-Copper Project, positioning for imminent exploration activity.

Sunstone Metals secures $10 million in a discounted placement led by DGR Global, which gains a 10% shareholding and board representation to accelerate exploration at high-potential Ecuador projects.

Sunstone Metals has raised $10 million through a discounted share placement, with strategic investor DGR Global acquiring a 10% stake and board representation. The funds will boost exploration and development at Sunstone’s high-potential gold-copper projects in Ecuador.

Benz Mining’s latest drilling at Glenburgh’s Icon Camp continues to underpin a multi-million-ounce gold target, delivering thick high-grade intercepts and expanding mineralised zones towards Apollo.

Right Resources has locked in a second tranche of A$755,000 in non-dilutive R&D funding for FY2026, boosting its collaboration with the University of Tasmania's CODES to deepen understanding of mineral systems in the Tumbarumba district.