Latest Exploration Upside News

Strata Minerals has exercised its option to acquire 100% of the Zelica Gold Project in Western Australia’s Laverton Province, aiming to fast-track exploration with drilling planned for late 2025. The project boasts historical high-grade gold intercepts and a granted mining licence, positioning Strata for near-term resource development.

Norfolk Metals progresses its maiden drilling campaign at the Carmen Copper Project in Chile, completing 29 of 34 planned RC holes and identifying promising new targets in the Higueritas Belt. The company also initiates re-assay of historical drill core to validate high-grade copper and gold grades.

Advance Metals has significantly expanded its precious metals footprint with the Guadalupe y Calvo acquisition, maiden drilling success at Yoquivo, and completion of the Gavilanes deal, backed by a $13 million capital raise.

Iltani Resources has announced its first JORC Mineral Resource Estimate for the Orient East Silver-Indium deposit, significantly expanding the total resource base of its Orient Project in Northern Queensland.

Aurum Resources has announced a significant 50% increase in gold resources at its Boundiali project in Côte d’Ivoire, alongside ongoing aggressive drilling and a strong financial position following a $35.6 million strategic placement.

Unico Silver has reported a transformative September quarter, highlighted by a 73% increase in its Cerro Leon Mineral Resource Estimate to 162 million ounces silver equivalent and the restart of a fully funded 30,000-metre drill campaign at Joaquin, backed by a $25 million equity placement.

S2 Resources has agreed to sell its Fosterville exploration licence to Agnico Eagle for A$17 million and raised an additional A$3 million through a strategic share placement, positioning the company strongly for future exploration.

Miramar Resources has obtained drilling approval for its Joy Helen prospect, revealing promising high-grade SEDEX copper-lead-zinc mineralisation in Western Australia’s Gascoyne region. This marks the first drilling since 1964, potentially unlocking a significant new base metal deposit.

Finder Energy has locked in a significant funding agreement with TIMOR GAP, securing half of the KTJ Project’s development capex and upgrading its resource base, setting the stage for a Final Investment Decision by mid-2026.

Industrial Minerals Ltd has announced a maiden inferred mineral resource estimate of 6.2 million tonnes at 98% silica for its Pippingarra Quarry Project, alongside successful testwork and a 12-month option extension.

Haranga Resources has completed its acquisition of the Lincoln Gold Project in California and reported high-grade gold results from its Senegal project, backed by a $14 million capital raise to fast-track exploration and development.

Patriot Resources has validated high-grade copper mineralisation at its Kitumba project in Zambia and discontinued its Sugarloaf option, refocusing capital on core assets while planning 2026 drilling backed by ongoing capital raise talks.