Latest Exploration Targets News

Mt Malcolm Mines has fully placed the shortfall from its May rights issue, raising an additional $769,773 through issuing nearly 110 million shares. The funds will support a feasibility study for a 500,000 tpa CIP plant at Leonora and ongoing exploration at the Malcolm Gold Project.

Triangle Energy (ASX:TEG) has regained 100% ownership of the L7 Production Licence and EP 437 Exploration Permit in the Perth Basin after joint venture partners Echelon and Strike withdrew and transferred their interests back. Legal proceedings against these partners for failing farm-in obligations continue.

Kingston Resources secures $12.9 million through placement and entitlement offer to fund a 25,000m drilling program and plant expansion at its Mineral Hill polymetallic mine, bolstering cash reserves to $32.3 million ahead of a planned operational restart.

Terra Critical Minerals has validated significant historical tin and indium grades at its newly granted Tamworth Tin Project in NSW, highlighting promising exploration targets across hard-rock and alluvial deposits.

TechGen Metals has secured A$2.7 million through an oversubscribed placement to fast-track maiden drilling at its flagship Blue Devil copper-gold project in WA, alongside advancing exploration at Dalgaranga and John Bull gold assets.

Taruga Minerals has pinpointed seven high priority exploration targets at its Kol Mountain Project in Papua New Guinea, launching its first active field program focused on a large undrilled copper-gold porphyry anomaly and high-grade gold shear zone.

Asara Resources has delivered strong assay results from its ongoing drilling at the Massan deposit, underpinning plans to upgrade and expand its gold resource at the Kada Project in Guinea.

Aruma Resources has reported standout wide, high-grade copper and silver drill results from its Phase 1 program at the Tillex Project in Ontario, reinforcing its potential as a major copper development asset.

True North Copper has finalized its acquisition of Renegade Exploration's stake in the Carpentaria Joint Venture, consolidating the Mongoose Resource with its Taipan deposit. This move unlocks new development and resource growth opportunities within the Cloncurry Copper Project ahead of a key Pre-Feasibility Study due later this year.

Aureka Limited has boosted its global JORC gold resource by 26% to 455,000 ounces, driven by a 30% increase at its flagship Irvine Gold Project in Victoria’s Stawell Corridor. The upgrade reflects enhanced geological modelling and successful diamond drilling since early 2025.

Lodestar Minerals’ recent 12,344m drilling campaign at Ned’s Creek confirms high-grade gold continuity and reveals new mineralisation zones beyond the December 2025 Exploration Target, setting the stage for a maiden resource in 2026.

Magnum Mining has mapped a substantial 3.3 km² equivalent thorium anomaly at its Wet Mountain rare earths project in Colorado, aligning with historic high-grade assays and setting the stage for initial diamond drilling.