Latest Exploration News

Westgold Resources has completed the demerger of its non-core Reedy and Comet Projects to newly formed Valiant Gold, which has attracted $75 million in oversubscribed IPO applications ahead of its ASX debut.

Terrain Minerals has launched a targeted air-core drilling campaign at its Lort River Project in Western Australia, aiming to expand on previously identified high-grade rare earth element mineralisation within a large regolith clay basin.

Australian Oil Company Limited has formalised a 12-month crude oil lifting agreement with IOR Energy for its Emu Apple Oil Field, paving the way for steady cash flow and further development in the Surat Basin.

Everest Metals Corporation reports outstanding high-grade gold intersections from its latest drilling at Mt Dimer Taipan, underpinning imminent mining and processing milestones. The project is fully funded and on track for near-term cash flow.

Asian Battery Metals has exercised its option to acquire the Maikhan Uul Copper-Gold Project in southwestern Mongolia, adding a strategically significant asset to its portfolio with confirmed high-grade mineralisation and a long-term mining licence.

High-Tech Metals has reported exceptional high-grade gold results from infill drilling at its Wagtail Gold Deposit, reinforcing the existing resource and hinting at further extensions. The company is advancing towards an updated resource estimate and near-term production plans.

Belararox Limited has strategically expanded its Argentine copper exploration by acquiring the El Faro tenement adjacent to its Toro South target, adding 22km² of promising ground to its TMT Project. This move strengthens its position amid ongoing drilling targeting a potentially significant copper system.

Aura Energy has postponed its strategic transaction for the Häggån project due to an ongoing Swedish government inquiry into alum shale mining and current market conditions, while retaining full ownership and commitment to the project.

TasFoods Limited has appointed KPMG as voluntary administrators following the unsuccessful sale of its Nichols Poultry business, signalling a critical restructuring phase. A creditors' meeting is scheduled for 23 March 2026 as the company seeks new capital or buyers.

Magnum Mining confirms multiple copper-gold mineralised trends at its Parker Project in Arizona, setting the stage for drill testing after completing a comprehensive surface sampling program. Engagement with US regulators is underway to fast-track permits for drilling at Eagle Nest and Red Breccia.

ActivEX Limited has completed a $421,752 share placement, issuing over 21 million shares at 2 cents each, to fund its exploration projects and support working capital. The shares are locked in escrow for 12 months, signaling a strategic move to strengthen its financial footing.

American Tungsten & Antimony Ltd (AT4) has submitted a drilling permit for the historic Fraction Lode tungsten mine and commenced refurbishment of its Dutch Mountain processing mill, marking a pivotal step in its US tungsten supply chain strategy.