Latest Exploration News

Tempest Minerals has agreed to acquire a 145km² advanced gold portfolio in New Zealand’s North Island, unlocking multiple drill-ready targets in a prolific gold province. The $2 million all-scrip deal includes performance milestones tied to exploration success.

Paterson Resources has responded to an ASX price query following a notable rise in its share price and trading volume, confirming no undisclosed information is driving the recent market activity.

Prospect Resources is set to increase its ownership in the Mumbezhi Copper Project to 90%, following a US$4.25 million acquisition. The company plans to kick off an ambitious Phase 3 drilling program in early Q2 2026, backed by a recent A$45 million equity raise.

Patriot Resources has confirmed strong silver recoveries averaging 85% from historical testwork at its Tassa project in Peru, underpinning a maiden JORC Inferred Resource of 31.4 million ounces silver equivalent. An independent metallurgical review is underway to refine recovery assumptions and support future resource upgrades.

Regener8 Resources has raised $800,000 through a share placement to fund its strategic acquisition and exploration at the promising Srebrenica North Project in Bosnia. The company also plans a further entitlement offer to bolster its capital position.

Magnum Mining and Exploration has identified four promising gold and copper targets at its Parker Gold Project in Arizona, following an ultra-high resolution aeromagnetic and radiometric survey. The findings highlight potential extensions of historic mineralisation and set the stage for imminent drilling.

Kuniko Limited reports promising early diamond drilling results at its Commonwealth-Silica Hill Project in NSW, confirming significant sulphide mineralisation and extending known zones. Backed by a $3.75 million placement, the company is fast-tracking a larger Phase 2 drilling campaign to expand resource validation and explore new targets.

Auravelle Metals has launched a comprehensive exploration campaign at its Nuckulla Hill Project, including a detailed aerial magnetic survey and upcoming drilling to expand gold mineralisation at the Sheoak prospect.

Aurora Energy Metals has appointed seasoned geologist Aidan Platel as Managing Director and CEO, alongside Warren Hallam as Non-Executive Chair, marking a strategic leadership transition after divesting its uranium project.

Critical Resources Limited has successfully demonstrated a solvent-free Dry Supersonic Deposition method to fabricate lithium iron phosphate cathodes, marking a significant step toward scalable, energy-efficient solid-state battery manufacturing.

Rimfire Pacific Mining’s latest drilling confirms significant scandium mineralisation at the Malamute Prospect within the Rabbit Trap Project, underpinning a strategic acquisition decision.

Aurum Resources reports multiple broad, shallow, high-grade gold intercepts from its 30,000m drilling program at the Napié Gold Project in Côte d’Ivoire, underpinning an imminent resource update and growth strategy. The company’s dual-asset approach and strong balance sheet position it for a pivotal transition from explorer to developer in 2026.