Latest Exploration Upside News

Carnarvon Energy advances its Bedout Sub-basin exploration with a major drilling campaign planned for early 2027, while maintaining a robust financial position and strategic investment in Strike Energy.

Pivotal Metals has raised $5.4 million, including $1.1 million in non-dilutive funding, to ramp up exploration across its Québec copper, gold, PGM, and nickel projects, unveiling multiple high-priority drill targets and advancing resource optimisation at Horden Lake.

Rox Resources has confirmed the economic viability of its Youanmi Gold Project with a robust feasibility study and commenced underground mining, backed by a $218 million equity raise. The company is on track for first gold production by mid-2027.

Prodigy Gold NL reported significant gold intercepts from its Tanami North Project, alongside environmental baseline studies and a new 3D structural collaboration with CSIRO, positioning the company for future mining development.

West Cobar Metals has announced a significant inferred gallium resource of 263 million tonnes at its Salazar Critical Minerals Project in Western Australia, highlighting the strategic importance of gallium amid global supply constraints.

Ramelius Resources has reported exceptional high-grade gold intercepts from a 65,000m drilling campaign, reinforcing its 5-year production outlook and highlighting significant resource growth potential across multiple Western Australian projects.

Helix Resources updates investors on the complex status of its Gold Basin joint venture amid a hostile takeover bid by Canex Metals and a loan restructuring by Gold Basin Resources.

Verity Resources reports strong and consistent gold assay results from its Phase 2 drilling at the Monument Gold Project, bolstering confidence in the Korong deposit and underpinning plans to upgrade the resource.

Breakthrough Minerals has entered a conditional agreement to acquire a major copper-gold project in North Queensland, backed by a successful A$8.15 million capital raise. The acquisition and fresh funding position the company for an aggressive exploration campaign in the Mt Isa region.

White Cliff Minerals has revealed promising deep drilling results at its Danvers Copper Deposit in Nunavut, Canada, extending known copper mineralisation beyond previous limits and identifying new near-surface zones.

American West Metals has announced a significant upgrade to its Storm Copper Project resource, boosting contained copper by 20% and silver by 36%, with a Pre-feasibility Study due in Q1 2026.

Everest Metals Corporation, in partnership with Edith Cowan University, has won a $490,500 grant to accelerate its innovative rubidium extraction technology at the Mt Edon project, positioning Australia to establish its first sovereign rubidium supply.