Latest Exploration News

Resources & Energy Group (ASX:REZ) has locked in a binding term sheet with Rembrandt Mining to kickstart gold production at its Maranoa deposit, preserving full ownership while shifting capital risk to Rembrandt and capturing enhanced profit shares at higher gold prices.

Bougainville Copper Limited has been officially notified that its Exploration Licence No. 01 is suspended following the Bougainville Executive Council’s approval of a 25-year Large-Scale Mining Lease granted to Bougainville Minerals Limited over the same land.

ABx Group has confirmed its second mixed rare earth carbonate sample from Tasmania’s Deep Leads deposit exhibits even lower radioactivity than the first, reinforcing its exemption from radiological control and attracting positive feedback from key customers.

Blaze Minerals has completed a 443-metre trenching campaign at its Krokodil Prospect in Botswana, confirming in-situ copper, lead, and zinc mineralisation with notable spot XRF readings. Laboratory assay results are expected in 6-8 weeks as the company plans further soil sampling to extend the target zone.

Patagonia Lithium’s Well 7 at Formentera delivered a lithium assay of 270ppm at 282m, close to the project average, alongside encouraging porosity and specific yield results that underpin production potential. Drilling will now shift to the Cilon concession, targeting a high-grade lithium zone.

Rokeby Resources appoints Richard Beazley as Managing Director and Tim Pallas as Chairman, signalling a strategic leadership overhaul to support the acquisition and development of the high-grade Omeo Gold Project in Victoria.

Zinc of Ireland (ASX: ZMI) has finalised its acquisition of Meclex, securing two hydrometallurgical technologies aimed at disrupting zinc and lead processing with low-emission methods. Backed by a fresh A$5.5 million placement, ZMI is accelerating pilot plant development and exploration at its Kildare project.

Argent Minerals appoints mining veteran Mike McKevitt as CEO to spearhead advancement of its flagship Kempfield Silver Project and evaluate growth across gold and copper assets.

Great Divide Mining Ltd (ASX: GDM) has received its first cash payment of USD 78,480.35 from gold concentrate sales at its Challenger Gold Mine, marking a key milestone in its transition from explorer to producer within three years of listing.

Turaco Gold’s pre-feasibility study for the Afema Gold Project in Côte d’Ivoire reveals a maiden 1.91 million ounce Probable Ore Reserve and robust project economics, underpinning a 10.3-year mine life producing over 2 million ounces of gold.

Savannah Goldfields reports metallurgical test results showing over 70% gold recovery from sulphide ores at Electric Light and Red Dam, processed through the existing Georgetown plant. Historic data suggests flotation could boost recoveries above 94%, with further test work planned.

Dateline Resources has pinpointed three priority zones for heavy rare earth exploration at its Music Valley project in California, following a detailed helicopter-borne geophysical survey that revealed structurally complex areas with elevated thorium signatures.