Latest Exploration News

Reedy Lagoon Corporation is advancing preparations for drilling at its Burracoppin Gold and Iron projects in Western Australia, while actively seeking joint venture partners to fund next phases.

Austral Resources has acquired the Lady Loretta mine from Glencore for A$45.5 million, significantly expanding its copper resource base and strengthening its cash position. This strategic move consolidates tenure adjacent to the Lady Annie Copper Mine and supports Austral’s ambition to become a mid-tier copper producer in North-West Queensland.

Apollo Minerals has secured a five-year reinstatement of its Couflens exploration permit in France, reviving prospects at the historic Salau tungsten mine alongside promising gold mineralisation. The company also advances exploration in Gabon and Serbia while raising A$6.55 million to fund its growth.

American West Metals has reported a substantial expansion of its Storm Copper Project resources in Canada alongside promising critical metals discoveries at its West Desert Project in Utah, underpinning its strategic growth and US market engagement.

Cazaly Resources has reported compelling high-grade gold results from its Goongarrie project and secured a lucrative earn-in agreement for its Romano gold project, bolstering its cash position for further exploration.

Redcastle Resources has reported exceptional high-grade gold assay results from its ongoing grade control drilling at Redcastle Reef, alongside key regulatory progress that paves the way for mining to commence mid-2026.

Toubani Resources has secured key environmental approvals and a $395 million funding package to propel its Kobada Gold Project in Mali towards construction, alongside launching its largest-ever drilling campaign targeting resource expansion.

Chariot Resources reports promising high-grade lithium assays in Nigeria and advances US exploration with 32 new drilling targets, while securing strategic MOUs for financing and offtake.

Toro Energy shareholders are set to gain exposure to a diversified uranium portfolio through IsoEnergy’s acquisition offer at a near 80% premium, while Toro advances its Wiluna Uranium Project amid strong market tailwinds.

Bindi Metals has made significant strides in its exploration efforts with the acquisition of the Ravni Gold Project in Serbia, confirming a substantial epithermal gold-silver system. Meanwhile, the company has entered a farm-out agreement for its Canadian Schryburt Lake Project, bolstering its exploration pipeline and financial position.

Fin Resources Limited has made significant progress in acquiring the Cabin Lake Gold Project in Canada, securing funding and gearing up for a maiden drilling campaign in early 2026. The company highlights strong local partnerships and promising high-grade gold mineralisation.

Botala Energy is progressing its Serowe Coal Bed Methane project in Botswana, backed by a significant investment from the Mineral Development Company of Botswana and aiming for first gas production in 2026 to help address Southern Africa’s looming gas shortage.