Latest Exploration Upside News

Argent Minerals updates investors on its flagship Kempfield Project, highlighting resource expansion, exploration upside, and development plans aimed at early production and cash flow generation.

Red Sky Energy has formalized its 35% interest in Angola’s Block 6/24 following parliamentary ratification of the Risk Service Contract, unlocking access to significant oil resources and advancing its international growth strategy.

Lion Selection Group has committed $0.5 million to Peregrine Gold’s $3 million placement, gaining a foothold in promising Pilbara gold and iron ore projects with significant exploration upside.

Verity Resources has successfully raised $3 million through a two-tranche placement to accelerate drilling and resource upgrades at its Monument Gold Project amid strong gold market conditions.

Panther Metals has announced a maiden JORC Mineral Resource Estimate at Burtville East, revealing a high-grade near-surface gold deposit and launching a scoping study to evaluate open pit mining potential.

Mammoth Minerals has agreed to sell a 90% stake in its Paterson copper-gold project to Cloudbreak Discovery for AUD 3.1 million in shares, refocusing its efforts on high-grade US assets while retaining a strategic interest in Paterson.

Manhattan Corporation has completed its maiden fieldwork at the Hook Lake Project in Nunavut, revealing extensive mineralized outcrops and preparing for a maiden drilling campaign in 2026. Assay results and a pioneering magnetic survey are set to unlock further exploration potential.

Austin Metals has reported significant high-grade gold intercepts from recent drilling at its Mt Sandy prospect, extending the known mineralised strike length to approximately 1 kilometre and revealing promising exploration upside.

Variscan Mines has secured official approval of its Restoration Plan for the Novales-Udias Zinc Project in northern Spain, unlocking the path to mine production restart and extensive exploration drilling.

AuKing Mining has achieved a critical due diligence milestone with Nebari, paving the way for an A$8 million credit facility to accelerate development of its Cloncurry Gold Project in Queensland.

Middle Island Resources is set to transform into a global copper-gold explorer through its acquisition of Serbian company Konstantin Resources, expanding its footprint across two continents with over 9,000 km² of highly prospective land.

Ballymore Resources’ recent heli-borne electromagnetic survey at the Maniopota prospect within the Ruddygore Project has revealed 29 strong conductive anomalies linked to polymetallic mineralisation, setting the stage for a significant drilling campaign in 2025.