Latest Exploration Update News

Iltani Resources has intercepted significant lead, zinc, and copper sulphides over a 1,230m strike at its Union Jack Prospect in Northern Queensland, validating geophysical VTEM targets and setting the stage for expanded exploration within the Herberton Project.

Encounter Resources has significantly extended the shallow, high-grade niobium mineralisation at its Emily deposit and confirmed thick, high-grade zones at Green within the Aileron Project. A 70,000m drilling campaign is underway, underpinning resource growth and development plans.

Austral Gold lifted Guanaco production by 17% in Q2 2026, cut unit costs, and filed a new technical report extending mine life to 2040 with a US$192 million NPV. Toll processing at Casposo added US$5.9 million in fees, while exploration advanced in Chile and Argentina.

Austin Metals has wrapped up a 4,216-metre RC drilling campaign at its Austin Gold Project, testing newly defined BIF-hosted gold targets at Brunswick Hill and Mt Sandy, with assay results still pending.

Galileo Mining has pinpointed a new drill target at its Norseman project, just 2km from the Callisto resource, following rock chip samples grading up to 1.87 g/t combined palladium, platinum and gold. An aircore drilling program is planned to test the untested mineralised zone beneath outcrop.

Wia Gold advances its Kokoseb Gold Project with strong drilling results revealing new underground targets, a $92 million capital raise, and ongoing feasibility study progress.

Western Yilgarn NL (ASX: WYX) is offering eligible shareholders in Australia and New Zealand a chance to buy up to $30,000 in new shares at 3 cents each, sweetened with free attaching options exercisable at 10 cents. The company aims to raise $500,000 to fund exploration and working capital.

Arika Resources is mobilising for its biggest ever drilling push, with a 20,000-metre program focusing on high-grade extensions and new targets at its Western Australian gold projects.

Ramelius Resources delivered 192,182 ounces of gold in FY26, meeting guidance for the sixth straight year, boosted production by 40% in the June quarter, and progressed major projects including Mt Magnet upgrades. The company also announced the $300 million sale of the Edna May hub, positioning itself as a significant shareholder in Forrestania Resources.

Orezone Gold outlines 2026 production and cost outlook for its newly acquired Casa Berardi mine, highlighting a transitional phase with higher costs and planned exploration ramp-up.

Taruga Minerals has validated high-grade gold and copper mineralisation at its Gwamogwamo prospect in Papua New Guinea, with assays up to 6.9 g/t Au and 8.0% Cu, while identifying a new target 900m north of known trenches.

Albright Metals has completed its second staged payment milestone for the Golden Pike Gold and Antimony Project, issuing shares and cash to Globex Mining Enterprises as exploration and development progress.