Latest Exploration News

Pacgold has announced a maiden JORC-compliant resource of 474,000 ounces of gold at its Alice River project, supported by strong drilling results and a $5.6 million capital raise to accelerate exploration.

Mount Burgess Mining NL has secured agreements to extinguish nearly $4.7 million in legacy debt, converting a small portion into equity and options, positioning the company for renewed growth.

Kinetiko Energy has spudded its third gas production test well at Brakfontein and signed a non-binding term sheet with FFS Refiners to co-develop a pilot LNG plant, backed by a recent $2.2 million capital raise.

Aldoro Resources has confirmed a major expansion of its Kameelburg polymetallic deposit in Namibia, doubling the mineralisation footprint and enhancing drilling capabilities to deepen resource definition.

Aeris Resources has outlined a robust FY26 plan focusing on increased copper equivalent production and strategic asset management, aiming to enhance shareholder value through operational delivery and exploration.

Key Petroleum has moved its eight Potential Commercial Area applications into formal government evaluation, aiming to secure long-term tenure in Queensland’s Cooper-Eromanga Basin. Meanwhile, the company raised A$129,000 through an entitlement offer and is exploring international growth opportunities.

Lunnon Metals reports a first-ever gold Mineral Resource at Lady Herial alongside strong financial outcomes from its Scoping Study, while advancing negotiations with Gold Fields Ltd for ore processing.

Tennant Minerals announces CEO Vincent Algar's resignation effective July 31, with Algar transitioning to a consulting role as the company advances key copper-gold projects.

Sky Metals reports a highly successful drilling campaign at its Tallebung Tin Project, revealing significant new high-grade tin zones and expanding the deposit footprint. The company advances metallurgical testing and environmental studies to support upcoming mining approvals.

Sky Metals Limited reported a net cash outflow in operating and investing activities for Q2 2025 but ended the quarter with A$3.43 million in cash, signaling plans for a capital raise to sustain exploration efforts.

Austin Metals has agreed to sell its Broken Hill exploration licenses to Kingfisher Mining for $400,000, marking a strategic shift to focus on its Western Australian gold projects.

Nelson Resources reports promising high-grade gold assay results from rock chip samples at its Yarri tenements, revealing new exploration targets and confirming mineralisation beyond known zones.