Latest Exploration Upside News

Tempest Minerals has agreed to sell its Yalgoo Project to Capricorn Metals for $4.5 million in cash and shares, with additional payments tied to future discoveries and production milestones. The deal, expected to complete in early 2026, leaves Tempest retaining iron rights on key tenements while refocusing on other Western Australian assets.

Blue Star Helium Limited has raised up to A$8.2 million through a placement and rights issue to fund production scale-up and further drilling at its Galactica helium project in North America.

Kula Gold reports exceptional gold drill results extending over a 3km strike at Mt Palmer, while Forrestania Resources' takeover bid climbs beyond 73%. The company also completes maiden drilling at its Wozi Niobium Project, with assay results pending.

Midas Minerals has completed its acquisition of the Otavi Copper Project in Namibia, initiating multiple drilling programs across high-grade deposits and securing strong funding to drive exploration in 2026.

Clara Resources has inked a binding deal to acquire the Hodgkinson Basin Gold Project in Far North Queensland, setting the stage for an aggressive exploration campaign in 2026. The acquisition, involving over 533 million shares and cash payments, aims to unlock significant gold potential in a historically rich but underexplored region.

Great Northern Minerals has revealed a significant 1-kilometre quartz-stibnite vein with assays up to 7.1% antimony at its Catalyst Ridge Project, alongside plans to expand its footprint in California. The discovery hints at promising gold potential beneath the surface, echoing nearby major deposits.

Tusker Minerals has significantly expanded the known high-grade gallium mineralisation at its Tundulu and Machinga projects in Malawi, revealing a robust multi-commodity critical minerals system with promising exploration upside.

Great Boulder Resources has updated its Mineral Resource Estimate for the Side Well Gold Project, revealing a robust 1.02 million ounces of contained gold and setting the stage for accelerated development.

American West Metals is set to launch a major drilling campaign at its West Desert Project in Utah, aiming to expand its world-class indium resource and explore high-grade gallium mineralisation. This initiative aligns closely with the US government's renewed focus on securing domestic critical metals supply chains.

Taruga Minerals has confirmed significant gold and copper mineralisation at its Gwamogwamo prospect in Papua New Guinea, underpinning its 2026 exploration plans. The results validate historical data and set the stage for targeted drilling campaigns.

Antipa Minerals has announced a significant update to its Minyari Project resource, now totaling 3.3 million ounces gold equivalent, reinforcing its potential as a standalone development in Western Australia's Paterson Province.

Variscan Mines has secured government approval for its Preliminary Mining Plan, enabling critical pre-works and trial mining at the San Jose Mine in Spain. This milestone accelerates the company’s strategy to restart production with minimal capital expenditure.