Latest Exploration Updates News

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.

Venus Metals has unveiled promising auger soil sampling results at its Henderson Gold Project and significant base metals anomalies at Youanmi, alongside initiating a titanium extraction research program with Murdoch University.

Unity Metals Limited’s shares surged from 6.8 cents to 17 cents on 23 June 2026, prompting an ASX inquiry. The company denies any undisclosed information behind the spike and confirms compliance with continuous disclosure rules.

Aguia Resources has rapidly converted its Pampafós phosphate fertiliser project into commercial sales, securing AUD 600,000 in revenue within 14 days, anchored by a 2,000-tonne contract with a leading Brazilian agricultural cooperative.

Cadoux Limited has inked a joint venture to earn up to 80% of the Wimmera Mineral Sands Project in Victoria, revealing promising high-grade drilling results at its Danube prospect. The project aims to feed Cadoux’s Minhub processing hub, targeting critical heavy rare earths supply.

South32 advances its stake in Hammer Metals’ Isa Valley project with a A$3 million exploration commitment, while Sumitomo Metal Mining Oceania signals withdrawal from the Bullrush joint venture.

Dome Gold Mines (ASX:DME) is raising up to AUD 2 million through unsecured convertible notes to fast-track its Sigatoka feasibility study, mining lease application, and copper-gold exploration amid rising metal prices.