Latest Exploration Upside News

Carnavale Resources has announced a substantial 38% increase in gold resources at its Kookynie Gold Project, including the addition of a new high-grade Tiptoe lode. This update significantly enhances the project's economic potential as an updated Scoping Study is underway.

American West Metals has finalized a binding offtake agreement and secured significant project financing with Ocean Partners, advancing the development of its Storm Copper Project in Nunavut, Canada.

Aureka Limited has reported a significant 19% increase in its global gold inventory following a maiden JORC resource at St Arnaud and a new gold discovery at Irvine’s western flank, supported by a $3 million capital raise.

Adelong Gold Limited has successfully completed its first gold pour at the Challenger Gold Mine, marking its transition from explorer to producer and validating its joint venture strategy.

Great Divide Mining has poured its first gold at the Challenger Gold Mine, triggering a key ownership milestone and setting the stage for commercial production in the near term.

Javelin Minerals has announced a significant 27% increase in the Indicated Resource at its Eureka Gold Project in Western Australia, alongside a 16% grade improvement, setting the stage for expanded near-term mining plans.

Critica Limited reports breakthrough metallurgical test results at its Jupiter Project, achieving a 95% mass reduction and upgrading rare earth grades, including heavy rare earth oxides. This positions Jupiter as a key player in Australia’s strategic rare earth supply chain.

Mount Gibson Iron Limited has agreed to acquire Northern Star Resources' 50% stake in the Central Tanami Project, gaining access to 1.6 million ounces of gold resources and existing infrastructure in the Northern Territory.

Duketon Mining Limited has executed an option agreement to acquire 100% of the Killarney Gold Project, confirming high-grade gold results from historic and recent sampling. Concurrently, the company updated its nickel resource estimates at Rosie and C2, reinforcing its position in the Mount Magnet region.

Western Yilgarn Limited announces a maiden JORC-compliant inferred mineral resource of 39.27 million tonnes at New Norcia, boosting its total bauxite portfolio to 244 million tonnes. The shallow, high-grade deposit benefits from strong infrastructure and promising metallurgical characteristics.

Askari Metals has acquired the Nejo Gold Project in Ethiopia, aiming to build a tier-1 gold portfolio in the underexplored Arabian-Nubian Shield. The company plans systematic exploration to unlock significant gold resources.

Verity Resources is set to begin a 3,600m drilling campaign at its Monument Gold Project in Western Australia, aiming to upgrade and expand its existing gold resource. The program targets increasing confidence in the Korong deposit and advancing towards a mining licence.