Latest Exploration Targets News

Patronus Resources (ASX – PTN) reveals a robust financial position with $78 million in cash and investments alongside a 2.3 million ounce gold equivalent resource base, underpinning a multi-commodity growth strategy across Western Australia and the Northern Territory.

Venari Minerals has identified six strong multi-element soil anomalies at its Needles Gold Project in Nevada, highlighting significant untested potential for large-scale epithermal gold-silver mineralisation. The company awaits assay results from recent drilling amid a US lab backlog.

Resources & Energy Group Limited (ASX, REZ) has announced a substantial JORC-compliant exploration target at its Gigante Grande Central Domain, estimating up to 500,000 ounces of gold. An extensive 8,750m drilling program is planned to commence in early 2026 to test and expand this promising resource.

GBM Resources has reported significant new gold assay results from its Lone Sister deposit, revealing high-grade mineralisation beyond the current resource estimate and identifying a previously unknown east-west gold-bearing structure.

Kuniko Limited’s recent airborne electromagnetic survey at its Commonwealth Gold–Silver Project has revealed multiple promising conductive features along a key structural corridor, setting the stage for targeted drilling in early 2026.

Nimy Resources has announced a maiden JORC Inferred Mineral Resource featuring exceptionally high-grade gallium and rare earth oxides at its Block 3 East deposit in Western Australia’s Mons Project. The discovery positions Nimy as a potential key supplier amid tightening global critical minerals supply.

Askari Metals has launched a comprehensive exploration program at its Nejo Gold and Copper Project in Ethiopia, targeting high-grade gold and copper mineralisation ahead of a maiden drilling campaign planned for late 2025.

Brightstar Resources has reported promising high-grade drilling results at its Second Fortune and Fish gold mines, indicating potential extensions to mine life and new ore sources for its planned Laverton mill.

Pantera Lithium has identified seven priority exploration targets at its Gillham Silver-Antimony Project in Arkansas, marking the first modern evaluation of this historic mining district in over a century. The move aligns with growing US strategic focus on critical minerals like antimony and silver.

Yandal Resources has completed the sale of its Gordons Gold Project, receiving $2.81 million in combined cash and shares, and significantly strengthened its cash position to approximately $18 million post-quarter. This financial boost positions the company to accelerate exploration activities in 2026.

Javelin Minerals is set to begin diamond drilling at its Eureka Gold Project in Western Australia this November, paving the way for mining operations scheduled for mid-2026. The campaign aims to refine resource estimates and unlock high-grade extensions, supported by secured financing and partnerships.

Dart Mining has announced a substantial Exploration Target at its Triumph Gold Project in Central Queensland, outlining a promising growth pathway beyond its existing resource base. The target highlights both near prospect extensions and new regional deposits, setting the stage for an extensive drilling campaign.