Latest Exploration Upside News

Adavale Resources has boosted its Parkes Project gold resource by 44% to 166,000 ounces through a 100% scrip acquisition of the Calarie mining licence and three exploration licences, consolidating its belt-scale position in NSW’s Lachlan Fold Belt.

Orange Minerals NL has agreed to sell its 51% interest in the Calarie Project tenements to Adavale Resources, receiving shares and options in return. This move supports Orange Minerals' focus on its core gold projects in Ghana and Western Australia.

Venus Metals has sold its 1% Youanmi gold royalty to Franco-Nevada for $46 million, triggering plans for $35 million in special dividends and an in-specie distribution of Rox shares to shareholders.

Pacific Resources (ASX: PXR) has secured full ownership of the Snowstorm Project in Victoria’s Eastern Goldfields for $400,000, gaining access to high-grade gold mineralisation and an approved underground bulk sampling program.

Tolu Minerals has reignited underground mining at its Tolukuma Gold Mine with exceptional early sampling grades and unveiled a major new high-grade discovery at Fundoot, launching a massive 75,000-metre drilling campaign to expand resources and explore district-scale potential.

QEM Limited has pushed back the deadline to complete due diligence on its planned acquisition of two U.S. critical minerals projects, citing legal and environmental concerns that require further investigation.

Xpedra Resources continues to hit broad, shallow gold zones at its Springfield Gold Deposit in NSW, with a standout 52-metre intercept at 1.35g/t gold reinforcing the project's scale and potential for expansion.

NewPeak Metals’ maiden drilling at Tansey Gold Project reveals gold mineralisation extending beyond historic South Burnett mine boundaries and uncovers a previously unknown parallel structure, setting the stage for targeted resource drilling.

Pacgold has restarted drilling at its Vertigo deposit and begun irrigating 100,000 tonnes of re-crushed material at White Dam, aiming to accelerate production restart and resource growth.

WIN Metals has completed its acquisition of the fully permitted Princess Royal Gold Mine, adding high-grade ounces and promising satellite prospects to its Radio Gold Project in Western Australia.

Asian Battery Metals (ASX:AZ9) has visually confirmed a substantial extension of copper-rich massive sulphide mineralisation at its Red Hill (Maikhan Uul) project in Mongolia, pushing the known strike length beyond 155 metres. Assay results are pending, while further geophysical surveys and drilling are underway to refine exploration targets.

Great Northern Minerals has significantly enlarged its Iron Butte Gold-Silver Project in Nevada by staking 46 additional lode claims covering around 950 acres. The new ground shows promising geological and geochemical signatures, setting the stage for imminent resource estimation and drilling.