Latest Exploration News

GBM Resources has validated a major extension of the gold-bearing Milled Matrix Breccia horizon well beyond the existing 309 deposit at Twin Hills, Queensland, reshaping the project’s exploration potential.

Accelerate Resources has identified over 200 manganese outcrops spanning nearly 10 hectares at its Woodie Woodie North Project, with rock-chip assays hitting up to 58.4% manganese. The company is gearing up for its maiden reverse circulation drilling campaign in September 2026.

Podium Minerals has secured a $4 million underwritten share purchase plan to fund advancing metallurgical work and site rehabilitation at its Parks Reef PGM Project, following a significant step-change in concentrator performance.

Avira Resources has confirmed strong high-grade gold mineralisation continuing at depth at its Mt Cattlin Gold Project in Western Australia, with standout assay results from its maiden RC drilling program at Maori Queen. The company plans further drilling to test extensions and new prospects from September 2026.

FleetPartners has granted limited due diligence access to SG Fleet, Element Fleet Management, and ORIX following their indicative takeover proposals, signalling a cautious but open approach to potential acquisition bids.

Carnaby Resources has released final drill results from the Greater Duchess Project, confirming two key discoveries with significant copper-gold mineralisation. The company is advancing development plans ahead of a proposed Evolution Mining acquisition.

Unity Metals has pinpointed a major magnetic intrusion beneath Rohav Mountain that may drive its gold system, with new geophysical targets set for drilling in late 2026.

ASX Limited reported a 13.3% rise in operating revenue to $1.25 billion for FY26, with underlying net profit up 5.2%, despite a 3.5% dip in statutory profit due to significant one-off costs including a $20.5 million ASIC penalty. The company declared a fully franked final dividend of 104.7 cents per share and appointed Anthony Attia as CEO.

AusQuest has resumed a significant diamond drilling campaign at its Coober Pedy IOCG project in South Australia, aiming to test high-priority geophysical and geochemical targets within the Olympic Dam province. The program is expected to take four weeks, with assay results due about a month later.

TechGen Metals has locked in a diamond drill rig to begin maiden drilling at its Blue Devil Project in Western Australia, targeting two major copper-gold systems with strong geophysical and geochemical backing.

Brazilian Rare Earths (ASX: BRE) has delivered a striking scoping study for its Rocha da Rocha Rare Earths Province in Brazil, anchored by the Monte Alto deposit’s world-class 11.3% TREO grade, projecting robust economics and a low-cost production path.

AIC Mines has confirmed a high-grade copper-gold shoot at its Brumby prospect near the Cannington mine, with drilling intersecting up to 14.4% copper over 10.5 metres within a broader mineralised zone.