Latest Exploration Targets News

Odyssey Gold’s latest drilling has added high-grade hits outside current resource boundaries and strengthened the case for a connected Cable-Bollard-Highway mineralised system at Tuckanarra. Preliminary fresh-rock testwork also returned recoveries of up to 99%, although the results remain exploration-stage and an updated resource is still to come.

White Cliff Minerals has expanded the assay-confirmed footprint of its Rae Copper Project beyond 11.5km, while new Danvers 3 drilling has placed visible copper sulphides within 19 metres of surface. The most eye-catching Danvers 3 interval still awaits laboratory assays.

Gold Mountain has extended reconnaissance rare earth mineralisation at its Down Under Project in Brazil to at least 13 kilometres west of the Irajuba Exploration Target. The strongest result was 10 metres at 2,145 ppm TREO, including 2 metres at 4,607 ppm, but the data remains preliminary and metallurgical recovery is still untested.

Lodestar Minerals has received all assays from a 12,417-metre, 106-hole RC drilling program at Ned’s Creek, supporting its existing exploration target across three gold prospects. A maiden Mineral Resource Estimate is now expected in the second half of October, although reported widths remain subject to geological interpretation and true-width confirmation.

Wia Gold has moved Kokoseb from exploration into a proposed mine development backed by a 1.95 million ounce Probable Ore Reserve, A$217 million in equity raised since May and indicative US$360 million debt terms. The funding pathway is substantial, but it still depends on permits, lender approvals and final documentation before construction can fully proceed.

Western Yilgarn expanded its inferred bauxite inventory to 244Mt and added gallium, tellurium, cobalt, scandium and gold targets during FY2026. But the explorer ended the year with $159,481 in cash, a $1.78 million loss and an auditor warning that further funding is required to continue planned activities.

West Cobar Metals has engaged Wallis Drilling for its first scandium-focused campaign at the Salazar project, with work targeted for October subject to approvals. The programme will test shallow saprolite for higher-grade scandium zones and extensions to existing rare earth and titanium dioxide resources.

Leeuwin Metals has confirmed gold across all 10 samples from historic tailings at its Marda Central project, averaging 0.596 g/t Au in the top metre. The result points to a potentially accessible processing opportunity, but the material remains well short of a defined resource or economic study.

Zeus Resources has completed due diligence on its Diaguili copper-gold project in southern Mauritania after regulators validated the environmental notice for exploration. The company will now proceed to the first completion stage of the acquisition, with historical drilling providing the project’s main technical attraction but also its principal qualification.

Cosmo Metals has contracted Durock Drilling for up to 2,200 metres of maiden reverse-circulation drilling at the Mona prospect in New South Wales. The campaign will test whether exceptional copper, gold and silver grades from historic mine dumps reflect mineralisation continuing beneath the old workings.

GreenTech Metals has turned a year of drilling, acquisitions and capital raising into a much larger West Pilbara exploration portfolio. The opportunity is growing, but the annual report also flags a material uncertainty over future funding as the company pursues Munni Munni and Whundo.

G11 Resources has expanded its exploration footprint and reported a conceptual copper Exploration Target at Wilandra, while drilling near Tasmania’s Mt Lyell system continues. The company ended the year with $4.91 million in cash but remains loss-making and reliant on future funding to sustain exploration.