Latest Exploration News

Peel Mining has issued proxy presentations and Chairman’s scripts for key shareholder meetings on the demerger of Spectre Metals and the proposed acquisition by Aeris Resources.

Hawk Resources has pushed the boundaries of its Cactus Corridor copper-gold project in Utah with new assay results from drill hole DD26CT005, revealing extended near surface mineralisation and high-grade copper zones. The findings suggest the mineralised trend remains open and drilling is set to resume in July 2026.

Krakatoa Resources is gearing up to resume drilling at its Zopkhito antimony-gold project in Georgia, buoyed by strong 2025 results and a two-year extension to its exploration license.

Vita Resources has raised $2.9 million through a heavily supported share placement to accelerate exploration at its Australian and Canadian projects, while pursuing new gold and critical minerals opportunities.

Bass Oil lifted May production by 5% with a 219 barrels per day average, while drilling commenced on the Bunian 6 well, expected to double group output.

PMET Resources has endorsed NRW Holdings’ ALi® atmospheric leach process for producing battery-grade lithium carbonate, highlighting its economic and environmental advantages. NRW is advancing commercialisation with ongoing testing and development plans.

ADX Energy has advanced its HOCH-1 shallow gas well in Upper Austria by mobilising surface testing equipment ahead of a planned two-phase production test targeting multiple gas zones.

Hydralyte USA secures A$392,000 through a share placement, appoints two new non-executive directors, and implements significant cost reductions following CEO resignation as it targets cash-flow break-even and strategic expansion.

Eclipse Metals has unveiled high-grade fluorite alongside a suite of critical minerals including gallium and rubidium at Greenland’s Ivigtût mine, repositioning the asset beyond its historic cryolite legacy.

Odessa Minerals has revealed promising rare earth and lithium assay results from its Lockier Range Project in WA, highlighting potential carbonatite-hosted REE mineralisation at Mt Yaragner and fertile lithium pegmatites at the Southern Pegmatite Field.

FIN Resources has confirmed shallow high-grade gold mineralisation at its Cabin Lake Gold Project and identified multiple new exploration targets using integrated geophysical techniques, advancing its district-scale potential in Canada's Northwest Territories.

MB Gold has reported further encouraging gold assay results from its maiden drilling at the Twin Veins Prospect, confirming continuity of high-grade shoots and setting the stage for a 6,000m Phase 2 program.