Latest Exploration Upside News

Asra Minerals launches a 3,000m drilling campaign at Leonora South, aiming to confirm historic gold mineralisation near its Sapphire resource. Results expected by September could reshape the project's resource potential.

Nordic Resources has expanded its gold inventory by 34%, adding 264,000 ounces from its newly updated Hirsikangas project in Finland, lifting total resources to 1.23 million ounces gold equivalent.

Golden Horse Minerals has reported further high-grade gold assay results and a northern strike extension at its Hopes Hill project, reinforcing the potential for a significant resource. Planned deeper drilling and geophysical surveys aim to unlock more of this south-plunging gold system.

Australian Rare Earths Limited (ASX, AR3) has acquired exploration license EL6895, adding 972 km² to its Overland Uranium Project and uncovering significant near-surface uranium potential from historic data. Drilling is set to resume in July 2025 to test this promising new target alongside existing deeper uranium prospects.

Ordell Minerals has reported significant shallow gold mineralisation over a 300m strike length at its McNabs East Prospect within the Barimaia Gold Project, WA, with assays confirming multiple gold intersections near surface. Diamond drilling assays are pending, as the company prepares to restart drilling in August.

Freehill Mining is progressing plans to restart mining at its Yerbas Buenas magnetite project in Chile, backed by promising bulk sampling results and a staged permit extension strategy.

Power Minerals’ maiden drillhole at the Santa Anna Project in Brazil reveals significant niobium and rare earth element mineralisation at depths far beyond previous drilling, boosting the project’s resource potential.

Black Cat Syndicate has significantly expanded its Paulsens Gold Operation tenure by acquiring three new tenements near the Big Sarah prospect, revealing extensive gold-bearing vein corridors. With high-grade historical and recent assay results, the company is poised to advance drilling plans in the coming quarter.

Verity Resources has appointed Dr Rick Gordon and Xirlatem Pty Ltd as strategic advisors to accelerate resource upgrades and expansion at its Monument Gold Project in Western Australia.

BPM Minerals has agreed to sell its Claw Gold Project to Capricorn Metals for $1.5 million upfront, with potential milestone payments doubling the deal value. This transaction strengthens BPM’s cash position to fund exploration at its promising Forelands Gold Project near Kalgoorlie.

Sunshine Metals has launched fieldwork and plans drilling at its Sybil gold project in Queensland, revealing promising geological signs and historic high-grade samples that hint at significant gold potential.

Carnaby Resources has reported significant drill assay results from its Trekelano and Mount Hope North prospects, reinforcing the potential of its Greater Duchess Copper Gold Project in Queensland.