Latest Exploration News

Lion Energy has struck a pivotal farm-out deal with OPIC, securing 88% funding for its 2026 Bula Karang exploration well in Indonesia’s East Seram PSC, significantly reducing its financial exposure while retaining substantial upside.

Locksley Resources has identified a significant high-grade silver and polymetallic mineralised corridor extending nearly 3km at its Mojave Project in California, marking a major step forward in its exploration strategy.

Southern Cross Gold Consolidated has reported exceptional high-grade gold and antimony drill results at its Sunday Creek Project, including a standout 12.2m intercept at 33.3 g/t AuEq. The drilling has connected two major mineralized systems, expanding the project's potential significantly.

Patagonia Lithium has reached 335 metres depth in its Formentera lithium brine drilling program in Argentina, successfully collecting brine and core samples for detailed analysis. The company plans further drilling and geophysical surveys to refine its Mineral Resource Estimate.

AusQuest Limited has significantly extended the copper-gold mineralised system at its Cangallo project in Peru through recent diamond and RC drilling, revealing depths beyond 800 metres and strike length exceeding one kilometre.

MetalsTech Limited has appointed two seasoned technical directors to its board, aiming to accelerate the development of its Sturec Gold Project in Slovakia. These strategic additions come as the company prepares for an expanded exploration program and the completion of a Pre-Feasibility Study.

Olympio Metals has released final assay results from its 2025 drilling at the Bousquet Gold Project, revealing multiple high-grade gold intersections and confirming a large, continuous mineralised system.

ChemX Materials Limited has completed its Deed of Company Arrangement and appointed a new board, yet remains suspended from ASX trading while relying on director-related funding. The company is focused on stabilisation and exploring future opportunities.

Medallion Metals Limited has opened a Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy shares at a 20.8% discount, aiming to raise $5 million for advancing its Forrestania and Cosmic Boy projects.

Estrella Resources appoints Robert Mencel as CEO, transitioning to Managing Director by mid-2026, to spearhead its limestone and manganese projects in Timor-Leste. The leadership reshuffle aims to accelerate development and operational ramp-up.

Verity Resources has secured a major new exploration licence at its Monument Gold Project in Western Australia, doubling its landholding to over 400 square kilometres and unlocking fresh exploration opportunities in the prolific Laverton Goldfields.

Asara Resources has released a second tranche of drilling results from its Massan deposit in Guinea, reinforcing the continuity of gold mineralisation and confirming promising depth extensions beyond the current resource model.