Latest Exploration Upside News

Kingston Resources faces a major operational setback with the Pearse South open pit failure, prompting a strategic pivot to underground resource expansion and a $12.9 million capital raise to fund a 25,000m drilling campaign.

Rapid Critical Metals has kicked off drilling at its Webbs Silver Project, expanded its NSW footprint with the Tooloom acquisition, and secured a key permit for gallium-germanium drilling in Canada, while metallurgical tests at Webbs and Consol show promising recoveries.

Sun Silver Limited is drilling to upgrade and grow resources at its Maverick Silver Project in Nevada, while expanding its landholding to 15 kilometres with a strategic acquisition and staking. The company engages Ausenco for scoping studies, holding $23.1 million cash at quarter-end.

Rokeby Resources (ASX: RKB) has secured the high-grade Omeo Gold Project, renewed a key mining licence, and launched a drilling campaign at Sunnyside to upgrade historical gold resources while raising $4.34 million.

Everest Metals has reported strong progress across its Western Australian projects, including maiden and upgraded resource estimates at Revere, Mt Edon, and Mt Dimer, alongside advancing mining and proprietary processing technology.

PTR Minerals has unveiled a substantial maiden Mineral Resource Estimate for its Rosewood Titanium Project, highlighting a large, high-grade heavy mineral deposit with strong metallurgical potential and strategic team expansions.

Verity Resources’ first-pass aircore drilling at the Monument Gold Project has confirmed gold mineralisation across a 9km banded iron formation corridor, expanding the footprint beyond its existing 137,700oz Korong–Waihi Mineral Resource.

Turaco Gold’s Pre-Feasibility Study for the Afema Project in Côte d’Ivoire outlines a robust gold development producing around 200,000 ounces annually over a decade, backed by a maiden 1.91Moz Ore Reserve and a US$2.1 billion post-tax NPV.

Barton Gold has delivered another batch of strong assay results from its Phase 2 drilling at the Tunkillia Gold Project, reinforcing the economic potential of Area 223 and advancing its Pre-Feasibility Study towards a Q1 2027 finish.

Godolphin Resources' JV partner Great Plains Metals has delivered a substantial copper-gold porphyry intercept at Goodrich, NSW, validating the exploration model and highlighting the project's scale potential.

Australian Silica Quartz Group (ASQ) finalises its acquisition of Australian Kaolin, securing a 47Mt kaolin resource and mining approval for a 250,000 tonne per annum operation. The company progresses kaolin beneficiation in China, explores high purity quartz projects, and advances gold targets at Koolyanobbing, supported by a $1.33m cash position.

Lodestar Minerals’ latest assays from a 12,000m drilling campaign at Ned’s Creek confirm robust high-grade gold mineralisation, supporting its 250,000-300,000 ounce Exploration Target and setting the stage for a maiden Mineral Resource Estimate later this year.