Latest Exploration News

Impact Minerals secures an 80% stake in the Lake Hope High Purity Alumina project following a robust Pre-Feasibility Study, while progressing pilot plant commissioning and a strategic joint venture in NSW.

Impact Minerals Limited reported a net cash outflow in operating and investing activities for Q3 2025 but strengthened its cash position through a significant equity raise, ending the quarter with nearly $5 million in cash.

Tanami Gold NL reports significant gold intercepts from ongoing drilling at the Jims Gold Mine, while Mount Gibson Iron moves to acquire Northern Star’s stake in the Central Tanami Project joint venture.

Reach Resources has made significant progress at its Murchison South Gold Project, confirming high gold recovery rates and preparing for an extensive drilling campaign to upgrade resource confidence.

Anax Metals has made significant progress on its Whim Creek Copper-Zinc project, securing a waste rock processing agreement and continuing efforts to finalize project financing.

Cazaly Resources reports strong gold assay results at its Goongarrie Gold Project, confirming mineralisation over a 700m strike and prompting an expanded aircore drilling program. The company maintains a solid cash position of $2.4 million as it advances multiple exploration fronts.

Western Mines Group has successfully extended a high-grade nickel sulphide zone at its Mulga Tank project in Western Australia through diamond drilling, confirming a robust mineral system with promising parallels to the Perseverance deposit.

Magnetite Mines has made significant strides in developing its Razorback Iron Ore Project, securing $3.86 million in new funding and uncovering promising rare earth mineralisation at Ironback Hill. The company continues to navigate strategic partnerships and regulatory approvals to advance its long-life magnetite project.

Horseshoe Metals reports encouraging RC drilling results at its Horseshoe Lights Copper-Gold Project, confirming wide zones of near-surface oxide copper mineralisation at Motters. The company is advancing towards Direct Shipping Ore operations and progressing offtake negotiations.

D3 Energy has secured formal acceptance of its Production Right Application for the ER315 permit in South Africa, marking a pivotal step toward production. The company also broadened its portfolio with new helium and hydrogen permits in Australia and began trading on the US OTCQX market.

Karoon Energy has appointed industry veteran Carri Lockhart as its new CEO, signaling a strategic push as it prepares to operate the Baúna FPSO and expand in Brazil and the US.

Horizon Oil’s recent acquisition of Thai gas assets and a decade-long permit extension at Maari have propelled production and reserves, underpinning a strong financial quarter and sustained shareholder returns.