Latest Exploration News

Stavely Minerals has confirmed significant gold-silver mineralisation at its Freddy’s Find prospect and plans deeper diamond drilling alongside new RC holes to explore a large-scale porphyry target nearby.

Southern Hemisphere Mining has launched a 1,000-metre diamond drilling campaign at its Llahuin copper project in Chile, aiming to extend known mineralisation and test for higher-grade copper-gold-molybdenum zones within a 218Mt JORC resource.

Alma Metals has raised $4 million through an oversubscribed placement to fund critical drilling and pre-feasibility studies at its Briggs Copper Project, reinforcing investor confidence and positioning the company for increased joint venture control.

Alice Queen Limited (ASX:AQX) has initiated a partially underwritten rights issue aiming to raise up to $5.77 million, with substantial shareholder Gage Resource Development committed to maintaining control. The funds will primarily support further drilling and project development at Horn Island.

Askari Metals (ASX:AS2) has validated continuous polymetallic mineralisation including tin, lithium, tantalum, rubidium, and caesium at its PS Pegmatite Target within the Uis Project in Namibia, setting the stage for planned drilling in H2 2026.

Freehill Mining’s aggregates division hit a new monthly sales high of $427,766 in April, a 23% jump from March, driven by operational upgrades and nearing completion of a key crusher installation. This momentum underpins its strategy to fund copper project development in Chile.

Brightstar Resources has secured full funding for its Goldfields Project, targeting 75,000oz gold production annually from mid-2027, while advancing the Sandstone Project towards a potential Tier-1 development with production aimed for 2029.

Scorpion Minerals has unveiled an Exploration Target of up to 3 million tonnes grading 1.5 to 2.0 g/t Au at its Old Prospect gold zone in Western Australia's Murchison region, building on an existing 21,600-ounce JORC resource with significant upside potential.

Odessa Minerals has raised $2.65 million through a strongly supported placement and appointed Sam Brooks, an experienced geologist, to its board to boost project acquisition efforts.

Native Mineral Resources (ASX:NMR) has raised A$3.5 million through a convertible note with existing investor Lind Global Fund III LP, aiming to reduce debt and support operational cash flow.

Altitude Minerals has secured $1.155 million through a placement to fund drilling and target development in Nevada and New South Wales, focusing on silver, gold, and copper-gold porphyry systems.

Ark Mines has intercepted low-grade gold in its Sandy Mitchell Rare Earths Project, revealing potential value-add from gold credits alongside rare earths. Further assays and development studies are underway.