Latest Exploration News

Variscan Mines reports strong progress in its maiden underground drilling at the Udias Mine, with assay results expected soon, while advancing critical studies for a mine restart at its Novales-Udias Project.

The Star Entertainment Group has received a $650 million debt refinancing proposal from Oaktree Capital Management, offering a potential boost to its liquidity but shadowed by significant conditions and uncertainty.

Winsome Resources has raised approximately A$7.8 million through a placement to advance its flagship Adina Lithium Project and extend the Renard Option to August 2025, with plans for an additional share purchase plan targeting A$2.5 million.

Havilah Resources has completed a 7,511-metre drilling program at its Mutooroo copper-cobalt-gold project, revealing promising extensions beyond the current resource envelope. Collaborative efforts with JX Advanced Metals Corporation advance metallurgical and mining studies, underpinning a potential resource upgrade.

Bass Oil Limited reported a 2.9% increase in total sales revenue for January 2025, driven by steady daily production and notable gains in both the Cooper Basin and Indonesian operations. The company is advancing gas appraisal efforts that could unlock significant new resources.

Altair Minerals has identified a fourth significant copper porphyry system, Irka Sur, at its Venatica West project in Peru, revealing extensive copper mineralization and hinting at a new regional copper belt.

Pivotal Metals’ recent FLTEM survey at Horden Lake reveals large undrilled conductors, signaling significant potential for resource expansion both near surface and at depth. The findings set the stage for a robust drilling campaign aimed at unlocking substantial copper-nickel-PGM mineralisation.

Javelin Minerals is set to commence its maiden drilling program at the Eureka Gold Project, targeting high-grade extensions and assessing near-term mining potential of an indicated resource of approximately 30,000 ounces.

Brightstar Resources has reported outstanding metallurgical test results from its Cork Tree Well deposit, with gold recoveries exceeding 90% across multiple rock types. The company is fast-tracking further drilling to expand resource potential amid a recent board change.

HyTerra Limited faces operational delays at its Nemaha Project due to severe winter weather but strengthens its management team with a key executive hire to drive 2025 exploration forward.

Golden Mile Resources has awarded a drilling contract to Alford Drilling for its inaugural reverse circulation program at the Pearl Copper Project in Arizona, targeting historically rich Odyssey and Ford prospects.

E79 Gold Mines has successfully raised $1.8 million through a placement oversubscribed by more than double, aiming to fund exploration at its promising Laverton South Gold Project and bolster working capital.