Latest Exploration Upside News

Saturn Metals has significantly oversubscribed its Share Purchase Plan, raising $21.28 million against a $5 million target. Combined with a recent $100 million placement, the company now has $121.28 million to accelerate development of its Apollo Hill Gold Project in Western Australia.

Sentinel Metals has completed its acquisition of the Big Springs Gold Project in Nevada, adding over 1 million ounces to its North American gold resource base and positioning itself as a significant player in Tier-1 US mining jurisdictions.

Sentinel Metals has secured 100% ownership of the Big Springs Gold Project in Nevada, adding over 1 million ounces of gold to its portfolio and nearly doubling its North American resource base alongside its Montana project.

Verity Resources has renewed four prospecting licences in Botswana, safeguarding its stake in high-grade copper-silver and nickel-copper-PGE projects including Airstrip, Dibete, and Maibele North for another two years.

Ore Resources Ltd (ASX: OR3) has released a robust Scoping Study for its Kangaroo Hills Lithium Project, outlining a low-capital, fast-track Direct Shipping Ore (DSO) operation expected to generate substantial cash flow within a 16-month mine life.

Desert Minerals has delivered a maiden JORC Mineral Resource Estimate for its Scotty Lithium Project in Nevada, outlining a substantial lithium clay deposit of 264.9 million tonnes at 1,006 ppm lithium, alongside a sizeable Exploration Target that hints at further growth.

Corazon Mining has outlined a maiden Exploration Target at its Two Pools Gold Project in WA, estimating up to 132,000 ounces of contained gold across three target zones, with a significant drilling campaign planned to test and expand the resource potential.

WIN Metals has completed a preliminary study for the Radio Gold Project, revealing a low-capital restart plan targeting 20,200 ounces of gold production over 29 months with an 11-month payback period.

Right Resources has confirmed gold mineralisation for the first time at its Blue Prospect in NSW, revealing a large multi-element system with gold grades up to 1.19 g/t and extensive tungsten and bismuth anomalies.

Lightning Minerals has reinforced the Warby Tungsten Project's potential with Phase 2 rock chip assays showing five of six samples above 1% tungsten, peaking at 5.46%, and revealing polymetallic mineralisation including gold and tin. The company awaits further soil and drainage assay results to shape Phase 3 exploration.

Sierra Nevada Gold’s initial drilling at As Safra in Saudi Arabia reveals a substantial copper mineralised system over 800m strike, with multiple mineralisation styles and a vast district-scale potential. A major Phase 2 drilling campaign is set to commence within six weeks.

Apollo Minerals has uncovered new zones of unmined tungsten mineralisation at its Couflens project in France, broadening the historic Salau mine’s footprint and underscoring the deposit’s significant exploration potential.