Latest Exploration News

Terrain Minerals has kicked off a significant 6,800-metre drilling program at its Lightning and Wildflower prospects in Western Australia, aiming to define a maiden gold resource by mid-2026. Assay results are expected to start flowing in February, setting the stage for a pivotal year in the company’s exploration journey.

Miramar Resources has expanded its gold exploration footprint with promising new targets at the Gidji JV and confirmed a Noril’sk-style deposit at Bangemall, backed by a $2.2 million capital raise to fund upcoming drilling campaigns.

Reward Minerals has secured 100% ownership of the Copper Lance Project in Newfoundland, initiating field sampling to validate historic high-grade copper, silver, and gold mineralisation. The project reveals multiple undrilled anomalies and new exploration targets in a prolific VMS district.

Jindalee Lithium has successfully raised $1.5 million through an oversubscribed Share Purchase Plan, exceeding its $1 million target to fund the McDermitt Lithium Project and a US SPAC transaction.

Charger Metals NL has completed a significant drilling program at its Lake Johnston lithium and gold project, announcing a maiden inferred lithium resource at Medcalf and outlining promising exploration targets. The company’s strategic partnership with Rio Tinto is set to accelerate development in this tier-1 jurisdiction.

Resouro Strategic Metals has finalized a key process flowsheet for its Tiros Project in Brazil, paving the way for a Preliminary Economic Assessment focused on high-grade titanium and rare earth recovery. This milestone brings the project closer to defining costs and production parameters.

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s silver-lead-zinc mine reveals significant high-grade mineralisation, prompting a strategic pause for downhole EM surveys to refine exploration targets.

Lightning Minerals has raised A$2.5 million to fund an aggressive Phase 2 drilling program at its Mt Turner Gold Project, following promising Phase 1 results that revealed significant gold mineralisation along a 12km strike.

Hot Chili Limited’s latest diamond drilling at the La Verde porphyry within its Costa Fuego project in Chile has confirmed extensive copper-gold mineralisation, surpassing initial expectations and expanding the known deposit footprint.

BPM Minerals has raised A$3.5 million through a placement to fund expanded drilling and exploration at its high-grade Forelands Gold Project in Western Australia. The capital injection positions the company to rapidly advance its maiden resource definition efforts.

Global Lithium Resources has lodged a prospectus for MB Gold's IPO, aiming to raise $6 million by spinning out its Marble Bar gold assets. This strategic move sharpens Global Lithium’s focus on its lithium projects while unlocking value from its gold holdings.

Gateway Mining Limited is intensifying its exploration efforts at the Yandal Gold Project with a second diamond rig and has uncovered additional gold nuggets at Great Western, while a major aeromagnetic survey is underway at Glenburgh South.