Latest Exploration Update News

Sierra Nevada Gold Inc (ASX – SNX) reports compelling rock chip sampling results at its As Safra Copper-Gold Project in Saudi Arabia, confirming historic high-grade mineralisation and identifying priority drill targets ahead of a planned 5,000m drilling campaign.

ADX Energy reported a 24% drop in production due to mechanical issues but is advancing well workovers and new drilling, supported by a $3.5 million capital raise and plans for a dual listing in Oslo.

Enterprise Metals has reported encouraging drilling results from its Vulcan Prospect in Western Australia, revealing significant gold mineralisation and evidence of a substantial copper-zinc-gold system. The findings support ongoing exploration efforts backed by government funding.

Mammoth Minerals has kicked off its maiden diamond drilling at the Excelsior Springs Gold-Silver Project in Nevada, delivering multiple high-grade intercepts and expanding its landholding by 340%. A $7.5 million capital raise supports ongoing exploration across its Americas portfolio.

Golden Deeps Ltd reports outstanding high-grade copper, silver, and critical metals results from its Central Otavi Project in Namibia, alongside a $3.54 million capital raise to fund ongoing exploration.

Great Southern Mining Limited reported significant gold intercepts from its Western Australian and Queensland projects during the December 2025 quarter, alongside securing up to A$337,500 in government co-funded drilling grants.

Verity Resources has delivered strong drilling results at its Monument Gold Project, secured full ownership of Botswana copper-silver assets, and confirmed significant rare earth mineralisation in Brazil, setting the stage for a pivotal 2026.

Aurum Resources has reported significant resource growth and strong drilling results at its Boundiali and Napié gold projects in Côte d’Ivoire, supported by a robust $40 million cash position.

St Barbara Limited reports strong feasibility outcomes for its New Simberi Gold Project and Nova Scotia developments, backed by significant strategic investments and regulatory approvals.

Great Southern Mining's recent aircore drilling at the Mon Ami Gold Project in Western Australia has revealed promising gold intercepts, suggesting potential extensions to the existing resource and new parallel lodes.

Platina Resources has significantly broadened its Laverton exploration footprint through conditional acquisitions and reported encouraging maiden drilling results at its Mt McKenna Project, while bolstering its financial position.

Australia United Mining reported a productive quarter at its Forsayth project with gold-silver output, but heavy rains forced a halt to mining activities. The company faces a tight cash position, relying on related party loans and potential asset sales to sustain operations.