Latest Exploration News

Red Metal Limited is progressing key rare earth and base metal projects across Australia, securing government grants and proposing a major Maronan Metals share distribution to shareholders.

Australis Oil & Gas has partnered with a major US-listed company to develop its Tuscaloosa Marine Shale assets, retaining a 10% interest in producing wells and holding a strong cash position after recent transactions.

OzAurum Resources has reported robust shallow gold intercepts from initial drilling at its Mulgabbie North Paleochannel Project, reinforcing potential for resource growth along a 4km trend.

CZR Resources has launched a new drilling campaign at its Croydon Gold Project, focusing on extending known mineralisation and testing for high-grade ore shoots and Hemi-style intrusions. The program leverages recent geological insights and a robust $67 million cash position.

Stellar Resources has revealed exceptional tungsten and silver assay results from reconnaissance sampling at its Scamander Critical Minerals Project in Tasmania, highlighting significant exploration upside alongside its flagship Heemskirk Tin Project.

Chilwa Minerals confirmed a significant niobium discovery at its Nakombe target, progressing with dual diamond rig drilling and advancing a NASDAQ listing application. Heavy mineral sands resource work continues alongside a new ionic clay rare earth program.

Centaurus Metals has secured a binding offtake deal with Glencore and attracted up to US$320 million in financing offers for its Jaguar Nickel Project, while advancing exploration and pilot testing at its Brazilian copper-gold and iron ore assets.

VBX Limited has more than doubled the Measured and Indicated Mineral Resource at its Wuudagu bauxite project to 131.9 million tonnes with improved grades, while also enhancing its Definitive Feasibility Study scope and securing additional funding.

Beach Energy’s Q3 FY26 output rose 7% quarter-on-quarter, led by a 174% surge in Perth Basin production following Waitsia Gas Plant compressor commissioning. The company also secured new Queensland acreage and greenlit the Moomba Central Optimisation project, though weather disruptions trimmed Cooper Basin output and prompted a production guidance cut.

AusQuest has confirmed a vast copper-gold system at its Cangallo project in Peru, revealing broad mineralisation and multiple higher-grade zones. Meanwhile, exploration momentum continues in Australia under a South32 alliance, with key drilling programs poised to start.

Pivotal Metals is progressing a mineral resource update and scoping study for its Horden Lake copper project in Québec, targeting a large open-pit operation with strong cashflow potential amid record copper prices.

Central Petroleum lifted March quarter sales revenue to $11.3 million, driven by higher gas volumes and prices, while securing a significant multi-year gas supply deal with the Northern Territory Government that supports a 40% production capacity increase at Palm Valley.