Latest Exploration News

Variscan Mines’ Scoping Study for the San José Mine restart in Spain reveals strong economics, low upfront capital, and an 11-year mine life, setting the stage for zinc and lead production from 2028.

Emu NL has announced a pro-rata non-renounceable rights issue aiming to raise approximately $3.67 million, offering new shares with free attaching options to eligible shareholders. The capital raise will primarily fund exploration activities at its Queensland projects and strengthen working capital.

Rumble Resources has reported promising metallurgical testwork from its Western Queen Gold and Tungsten Project, confirming the potential for high-grade tungsten concentrate production alongside gold. The company is advancing a scoping study to fast-track tungsten mining and processing amid soaring global prices.

Catalina Resources is wrapping up a 1,600-metre drilling campaign at its Breakaway Dam project in Western Australia, confirming a copper-rich volcanogenic massive sulphide system. Early results validate their targeting strategy and set the stage for further exploration.

Australian Critical Minerals is set to begin its maiden drilling campaign at the Flint gold-silver project in Peru, targeting a 4 km hydrothermal system with promising high-sulphidation epithermal gold-silver potential. Drilling starts March 31, 2026, following extensive geophysical and geological groundwork.

Brazilian Rare Earths Limited has secured a key Trial Mining Licence for its Monte Alto project, marking a significant step toward commercial rare earths production in Brazil.

Koonenberry Gold has launched diamond drilling at the Postman’s Gully Prospect within its Enmore Project, targeting a promising parallel fault zone with historical high-grade gold. Early drill results reveal encouraging geological features, with assays expected by May 2026.

OD6 Metals has revealed an extensive 8-kilometre epithermal alteration system at its Quinn Fluorspar Project in Nevada, signalling potential for a major fluorspar discovery beyond historic sites. Advanced satellite and airborne hyperspectral analysis underpin this breakthrough.

Golden Dragon Mining has identified multiple high-priority gold targets across its expansive Cue Gold Project in Western Australia, following an independent review. Recent drilling campaigns at key prospects have concluded, with assay results eagerly awaited.

Gold Mountain Limited has unveiled extensive new total rare earth oxide (TREO) anomalies at its Central Prospect within the Down Under Project in Brazil, reinforcing the area’s potential as a world-class rare earth element province. The company is advancing exploration with targeted auger drilling and plans to refine diamond drill targets.

Strategic Energy Resources has secured over $400,000 in Queensland Government grants to fund drilling at its Diamantina Copper and Bulimba Gold projects, accelerating exploration efforts in two promising mineral provinces.

AusQuest Limited has kicked off an extensive new drilling campaign at its Cangallo copper-gold project in Peru, aiming to expand mineralisation and uncover higher-grade copper sulphides beneath the surface.