Latest Exploration Updates News

Mithril Silver and Gold Limited confirms extensive high-grade silver and gold mineralisation across multiple targets at its Copalquin project in Mexico, backed by promising drilling results and a comprehensive aerial magnetic survey. The company is gearing up for a major drilling campaign to expand resources and explore new zones.

Aldoro Resources has identified significant copper-gold targets at its Damara Gold Project in Namibia through detailed geophysical and geochemical surveys, setting the stage for upcoming drilling campaigns.

Fortuna Metals has reported significant high-grade rutile mineralisation at its Mkanda project in Malawi, with assays from 96 drill holes revealing a mineralised footprint extending over 25km. The Malawi government has confirmed the company’s exemption from raw mineral export restrictions, supporting its in-country beneficiation plans.

Kuniko Limited has identified a 4-kilometre gold-silver mineralised corridor at its Commonwealth Project in NSW, with multiple high-priority drill targets defined by advanced geophysical modelling. The company is poised to start its maiden diamond drilling program imminently.

Sky Metals has revealed significant new tin mineralisation extensions at its Tallebung project in NSW, confirmed by recent drilling and surface sampling. The company is advancing a major resource update, signalling strong growth potential.

DeSoto Resources has significantly expanded its footprint in Guinea’s prolific Siguiri Basin by acquiring three new reconnaissance projects and advancing multiple exploration programs across its portfolio.

Santa Fe Minerals has completed its acquisition of gold projects in Cote d’Ivoire from WIA Gold, issuing shares and performance rights as part of the deal. The company is now poised to advance exploration across its expanded portfolio.

Redcastle Resources has confirmed a broad, low-grade gold mineralised system at Morgan’s Castle East, with potential for higher-grade zones. Meanwhile, drilling at Sligo identified a promising aquifer that could support future mining operations.

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 completed a targeted drilling campaign at its Cuddingwarra North rare earth prospect, delivering 906 metres of samples now awaiting assay results. The program aims to unlock the potential of this strategically located tenement adjacent to Victory Metals’ resource.

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.