Latest Exploration News

Gold Mountain Limited (ASX: GMN) has announced assay results from 41 diamond drill holes at its Irajuba IR-1 prospect in Brazil, doubling the drilled resource area and confirming thick zones of high-grade rare earth mineralisation with a strong magnet rare earth oxide content.

Develop Global Limited (ASX:DVP) has reached steady-state production at its Woodlawn copper mine in NSW, surpassing its nameplate capacity and delivering significant quarterly gains in mining and processing volumes.

Adavale Resources Limited has confirmed significant shallow gold mineralisation at its Victoria South Prospect, with historic drilling revealing bonanza grades up to 245.5g/t Au. These results suggest potential for a substantial extension of the existing 115,000-ounce London-Victoria gold resource.

Corazon Mining has finished its initial diamond drilling campaign at the Two Pools gold project in Western Australia, surpassing planned drilling depth and confirming key geological structures. Assay results are expected soon, informing a follow-up drilling program.

Mammoth Minerals Limited has reported the identification of several high-grade gold and critical mineral targets at its Excelsior Project in Nevada following a comprehensive 2025 rock chip sampling and mapping program. The company is advancing multiple prospects towards drill readiness with ongoing exploration activities.

TechGen Metals Limited has secured exploration licences and lodged a Programme of Work for drilling at its Blue Devil Project in Western Australia, targeting two high-grade copper-gold systems named Blue Devil and Red Devil.

Bayan Mining and Minerals Limited has verified key rare earth element minerals at its Desert Star project in California, confirming a phosphate-rich hard-rock system dominated by light rare earth elements. The company is advancing towards its maiden drill program following regulatory approvals.

Havilah Resources has entered a transformative partnership with Sandfire Resources, unlocking $210 million in staged payments and exploration funding to accelerate development in South Australia's Curnamona Province.

Belararox Limited continues diamond drilling at its Toro Central Prospect within the TMT Project in Argentina, focusing on high-grade silver-zinc-copper-gold mineralisation. Assay results from recent drill holes are pending, while exploration highlights copper porphyry potential at Tambo South and initial assessment of the El Faro tenement.

Lefroy Exploration Limited (ASX: LEX) reports encouraging grade control drilling results and successful initial gold production from its Lucky Strike Gold Mine in Western Australia, supporting resource growth and ongoing mining operations.

Condor Energy has agreed to acquire Jaguar Exploration’s 20% stake in the TEA 86 offshore Peru project, moving to full ownership. The deal, structured through performance shares, aims to simplify equity and support licence conversion and future partnerships.

Exultant Mining Limited (ASX:10X) has identified several compelling geophysical anomalies at its Peak View Prospect in New South Wales, setting the stage for a maiden drilling campaign planned for late April 2026.