Latest Exploration Targets News

Basin Energy has completed its acquisition of NeoDys Limited, gaining a dominant landholding in northwest Queensland rich in uranium and rare earth elements. The company is poised to commence maiden drilling on three district-scale targets backed by government funding and recent capital raising.

FMR Resources' maiden drillhole at the Southern Porphyry target within Chile’s Llahuin Project has intersected encouraging shallow copper-gold mineralisation, advancing towards a significant porphyry system at depth.

E79 Gold Mines has reported outstanding high-grade copper and gold assay results from its Mountain Home Project in the Northern Territory, significantly expanding the known mineralised area and setting the stage for drilling in 2026.

Lefroy Exploration is set to launch drilling programs at its Burns Gold Deposit, aiming to expand near-surface high-grade gold resources and validate metallurgical recovery. The deposit’s open-ended potential signals a promising phase for the company’s exploration strategy.

Deep Yellow Limited reports significant progress on its flagship Tumas Project in Namibia, highlighted by promising high-grade uranium discoveries at the S-Bend prospect and steady advancement of infrastructure and engineering works. Meanwhile, leadership changes and a robust cash position set the stage for the company’s next growth phase.

Ordell Minerals has significantly expanded the McNabs East gold mineralisation zone at its Barimaia Project, revealing wide and high-grade intercepts over a 700-metre strike. The company also secured $3.85 million in fresh capital to accelerate exploration activities.

Great Northern Minerals has secured full ownership of the Catalyst Ridge Project in California’s Mountain Pass District, initiating exploration backed by a $2.6 million capital raise and strategic US appointments.

Aeris Resources reported steady Q1 FY26 production with 10.3kt copper equivalent at AISC of A$4.64/lb, alongside significant growth capital investment and promising exploration results.

AuKing Mining’s final aeromagnetic and radiometric survey results at Myoff Creek confirm known carbonatite mineralisation and reveal promising new extensions, while the company advances its Cloncurry Gold Project acquisition.

Tali Resources has completed its initial drilling program at the West Arunta Project, with assay results due soon, following a successful $7.5 million IPO and extensive geophysical surveys.

Energy Metals Limited has reported promising uranium mineralisation from recent drilling at its Walbiri South and Penrynth prospects in the Northern Territory’s Ngalia Basin, highlighting potential for economic deposits.

Black Canyon Limited has upgraded the JORC classification of its KR2 manganese deposit to 90% Indicated, enhancing resource confidence and supporting improved mine planning for its Balfour Manganese Field project.