Latest Exploration Updates News

Zenith Minerals has initiated a 3,000-metre deep diamond drilling program at its Red Mountain Project in Queensland, targeting a Mt Wright-style gold system and a concealed porphyry copper deposit. Supported by government funding, this exploration phase builds on eight years of work and aims to unlock significant resource potential.

Miramar Resources has extended its Share Purchase Plan closing date to 27 August 2025, giving shareholders more time to invest at a 20% discount as the company awaits critical exploration results.

Gorilla Gold reports compelling high-grade gold assay results from its Comet Vale Project, extending mineralisation at Lakeview and Cheer prospects. The company is ramping up drilling activity with five rigs to support a significant resource upgrade planned for late 2025.

Waratah Minerals has raised A$30 million through a strategic placement to accelerate drilling at its Spur Gold-Copper Project, backed by strong institutional demand.

Summit Minerals reports promising initial soil sampling results from its Equador Project in Brazil, confirming a significant 4km+ geochemical anomaly and discovering a new niobium-tantalum bearing pegmatite outcrop. Further assays and metallurgical testing are underway to refine exploration targets.

Empire Resources has released final assay results from its June 2025 drilling at the Yuinmery Copper-Gold Project, revealing promising high-grade copper intercepts and broad mineralised zones that warrant further exploration.

West Coast Silver Limited has responded to an ASX query about recent share price and volume spikes, confirming no undisclosed material information and providing an update on its ongoing exploration assay program.

Miramar Resources has extended the closing date for its Share Purchase Plan to mid-August as it awaits critical drilling and survey results from its Western Australian projects.

Solis Minerals has secured permits to begin a significant 5,000-metre diamond drilling campaign at its Ilo Este copper-gold project in Peru, aiming to unlock large-scale mineral resources. Drilling is set to start in August 2025, following progress at the nearby Chancho al Palo project.

Traka Resources has announced a $2.5 million capital raise through a two-tranche placement, alongside significant board and executive changes that could reshape its strategic direction.

Alara Resources reports strong operational progress at its Al Wash-hi Majaza copper-gold project and promising exploration advances across multiple Oman concessions, supported by a $3.4 million capital raise.

Avenira Limited has advanced its Wonarah Phosphate Project with Northern Territory Government approval of its Mine Management Plan and secured $7.57 million through a placement to Hebang, while deferring operational start to optimize costs.