Latest Exploration News

SciDev Ltd has completed a strategic review addressing past underperformance and is refocusing on an integrated water solutions platform targeting core markets. The company confirmed FY26 guidance with revenue of $82 to $87 million and underlying EBITDA of approximately $4 million, while maintaining a sound balance sheet.

Benz Mining reports strong metallurgical test results from the Icon deposit, showing up to 95.5% gold extraction within 24 hours and potential for broader mineralised halo to contribute to mill feed.

White Cliff Minerals has unveiled a significant new high-grade copper zone at its Rae Copper Project in Nunavut, expanding the mineralised footprint beyond the main Teshierpi Fault Zone with drillhole DAN26015 delivering 79.24m at 1.59% Cu including 24.38m at 3.05% Cu.

Regener8 Resources is transitioning its leadership as founder Stephen Foley steps down, paving the way for a new Managing Director with regional operational expertise to steer the company’s next exploration phase in Bosnia and Herzegovina.

Kingfisher Mining has completed significant drilling at its Broken Hill projects, confirming promising copper-gold and silver-lead-zinc mineralisation, with assay results due soon and further exploration planned.

Somerset Minerals (ASX:SMM) is ramping up exploration at its Coppermine copper project in Nunavut, Canada, with thick, high-grade copper intercepts at Jura and a major 17 km Talisker anomaly set for maiden drilling from July 2026.

Eminence Minerals has kicked off a comprehensive drilling campaign at its Campo Grande Rare Earth Project in Brazil, targeting high-priority corridors adjacent to a major peer's high-grade rare earth discovery.

Sweden's Parliament has amended legislation to remove uranium mining from nuclear facility regulations, simplifying permits and strengthening Aura Energy's prospects for its Häggån uranium deposit.

Legend Mining has pinpointed anomalous gold mineralisation aligned with a major induced polarisation anomaly at Pyrophyllite Hill within its Pinnacle Well Project, advancing plans for drill testing pending heritage approvals.

Bounty Oil & Gas has finalised the first tranche of a $4 million share placement and converted $200,000 of debt into shares, bolstering its capital for drilling and development across Australian oil and gas projects.

Racura Oncology has raised $34.3 million through shareholder-backed initiatives, securing funding for its lead asset RC220’s clinical trials in AML, EGFRm lung cancer, and cardioprotection in solid tumour patients.

Karoon Energy has pushed back production restoration at the Who Dat E manifold to the second half of 2027, prompting a significant downgrade to its 2026 output forecast. Operational setbacks at Who Dat and weather-impacted Baúna interventions weigh on near-term volumes.