Latest Exploration News

Anax Metals has completed a $2.4 million strategic placement with mining group Gold Valley at a 37.5% premium, while securing a $3.5 million loan to repay convertible notes, positioning the Whim Creek copper project for near-term development.

Benz Mining reports significant high-grade gold extensions at Zone 126 and a new Lens 5 discovery at its Glenburgh Gold Project, highlighting strong potential for resource growth and new district-scale targets.

Bubalus Resources has initiated a 1,200-metre drilling campaign at its Avon Plains Gold Project in Central Victoria, targeting high-grade gold beneath shallow sediments. Results are anticipated by early February 2026, potentially unlocking new discoveries in an underexplored region.

Antares Metals Limited (ASX, AM5) has announced a significant acquisition of gold and base metals assets in Western Australia, positioning itself for a maiden drilling campaign in early 2026.

Andean Silver Limited has raised A$30 million through a placement and aims to raise an additional A$3 million via a Share Purchase Plan to fund accelerated drilling and development at its Cerro Bayo Silver-Gold Project in Chile.

Locksley Resources has raised A$17 million in an oversubscribed placement led by U.S. institutional investors, accelerating its strategy to develop a domestic supply chain for antimony and rare earths in California.

Catalina Resources’ independent geological review confirms strong orogenic gold potential at Beasley Creek, spotlighting the Flamingo target with historic high-grade intercepts and clear drill readiness.

Great Divide Mining has settled its dispute with Adelong Gold Limited, paving the way for full ownership of Challenger Mines and marking a key milestone in its transition to producer status.

Antares Metals (ASX – AM5) announces the acquisition of full interests in two promising Western Australian gold and copper-zinc projects, backed by a $2 million capital raise to fund exploration and drilling in early 2026.

Moho Resources has sold its Silver Swan North Project to Mineral Mining Services, boosting funds for its maiden drilling program at the promising Bush Chook Project in Western Australia’s Pilbara region.

Accelerate Resources has raised A$900,000 through a share placement to fund expanded drilling and geophysical surveys at its Balagundi Gold Project in Western Australia.

Superior Resources is set to launch extensive drilling campaigns in early 2026 aimed at expanding gold resources at its Steam Engine Project and exploring high-grade copper prospects at Telegraph and Halls Reward.