Latest Exploration News

Mandrake Resources has secured a drilling contract to advance exploration at its Berinka Project in the Northern Territory’s Pine Creek Orogen, targeting gold and copper mineralisation with a 3,200m reverse circulation program planned for August 2026.

Macro Metals has uncovered high-grade iron assays up to 62.1% Fe in newly mapped areas adjacent to its existing 16.1Mt @ 54.2% Fe resource at the Extension Iron Project, while environmental surveys clear the way for upcoming approvals.

BOA Resources Ltd has voluntarily suspended trading of its shares on the ASX pending a potential acquisition announcement, with the suspension expected to last up to five trading days.

Chilwa Minerals has more than doubled the Mineral Resource at its Mpyupyu heavy mineral sands deposit to 109.6 million tonnes, with nearly 90% now in Measured and Indicated categories, setting the stage for potential development within its Chilwa Critical Minerals Project in Malawi.

Mt Malcolm Mines has fully placed the shortfall from its May rights issue, raising an additional $769,773 through issuing nearly 110 million shares. The funds will support a feasibility study for a 500,000 tpa CIP plant at Leonora and ongoing exploration at the Malcolm Gold Project.

Triangle Energy (ASX:TEG) has regained 100% ownership of the L7 Production Licence and EP 437 Exploration Permit in the Perth Basin after joint venture partners Echelon and Strike withdrew and transferred their interests back. Legal proceedings against these partners for failing farm-in obligations continue.

Unity Metals reveals new drilling results from its Ngot Gold Project in Cambodia, highlighting a 5m intersection at 1.8 g/t gold and geological evidence of thickening diorite intrusion beneath basalt cover at Rohav Mountain.

North Stawell Minerals (ASX:NSM) has reinforced its position in Victoria’s gold scene with strong drilling results and an updated 87,300-ounce resource at Wildwood, leveraging advanced geophysical techniques to unlock potential beneath cover.

Maiden drilling at Austral Resources' Canyon Prospect reveals a significant copper oxide system extending over 1.2km strike near the Mt Kelly SX-EW facility, with intercepts including 24m at 1.03% copper. The mineralisation remains open, offering substantial upside and potential to leverage existing processing infrastructure.

McLaren Minerals reports exceptional heavy mineral assay results from its ongoing drilling at the McLaren Titanium Project, with bonanza grades up to 34.6% HM and promising extensions beyond current resources.

Lunnon Metals reported its best month yet at Lady Herial with 2,865 ounces of gold produced in May 2026, generating $10.8 million in revenue and enabling early repayment of a $6 million working capital loan. Mining remains on schedule to complete by September, with strong cash reserves set to fund further exploration.

Infinity Metals has secured a two-year exclusive option to acquire 100% of the high-grade Swansea copper mine in Arizona and raised A$2.25 million via a discounted placement to fund exploration and acquisition costs.