Latest Exploration News

Enova Mining has completed over 65% of its diamond drilling program at the East Salinas rare earth project in Brazil, with initial assay results expected by early February. The drilling targets high-grade rare earth mineralisation across multiple prospects, aiming to confirm continuity and support resource development.

Sunstone Metals is seeking shareholder approval for a 30-for-1 share consolidation aimed at simplifying its capital structure and enhancing investor appeal. The move follows a recent placement that left the company with over 7 billion securities on issue.

Tambourah Metals has identified two promising gold targets at its Beatty Park South prospect through advanced geophysical and soil sampling techniques, setting the stage for imminent drilling campaigns.

Nelson Resources has reported exceptional high-grade gold and silver rock chip assays from its Gold Point project in Nevada, confirming extensive mineralisation and setting the stage for maiden drilling in 2026.

Core Lithium has unveiled an optimised mine plan for its Grants deposit that promises earlier ore production and a $35-45 million reduction in pre-production capital. The company also reported a significant increase in its Finniss Project Ore Reserve and is advancing towards a Final Investment Decision amid improved lithium market conditions.

West Cobar Metals has announced a significant inferred gallium resource of 263 million tonnes at its Salazar Critical Minerals Project in Western Australia, highlighting the strategic importance of gallium amid global supply constraints.

GBM Resources has reported significant high-grade gold assay results from its Stage 1 drilling at the 309 deposit within the Twin Hills Gold Project, revealing mineralisation beyond the current resource estimate and setting the stage for expanded drilling.

Gold Mountain Limited has agreed to sell its Papua New Guinea exploration licences for $2 million, redirecting funds to advance its promising Brazilian projects and strengthen working capital.

Investigator Silver Limited has made significant progress on its Paris Silver Project, confirming an optimal 1.5 Mtpa plant design and identifying new high-priority exploration targets. A $10 million capital raise strengthens its balance sheet ahead of the Definitive Feasibility Study due in H1 2026.

Waratah Minerals has kicked off an ambitious 80,000-metre drilling program at its Spur Gold Project, aiming to expand known gold zones and uncover new high-grade deposits. The campaign marks a pivotal step in realising the project’s multi-million-ounce potential.

Kingston Resources reported a solid operating cash inflow of A$3 million for the December quarter, ending with nearly A$25 million in cash despite significant investing and financing outflows.

1414 Degrees updates on the administration of its joint venture partner Vast Solar Aurora, exploring acquisition options while progressing key renewable projects. The company also advances its October 2025 placement with shareholder-approved options now moving towards ASX quotation.