Latest Exploration News

Medallion Metals has identified a significant new sulphide lode, Hillsborough Deeps, beneath the Gem deposit at Kundip, with drilling and electromagnetic surveys indicating strong potential for resource expansion.

Perseus Mining has boosted its on-market share buy-back program by A$50 million to A$150 million, reflecting confidence in its balance sheet and cash flow generation while maintaining funding for organic growth.

Great Southern Mining (ASX: GSN) is embarking on its largest drilling campaign to date at its Western Australian gold projects, aiming to extend mineralisation at Golden Boulder, Amy Clarke, and Mon Ami. Recent diamond drilling has revealed deeper gold potential, underpinning the aggressive program.

Chilwa Minerals’ latest assays from drill hole MPYDD007 at Nakombe South in Malawi confirm a multi-commodity critical minerals system with significant niobium, tantalum, rare earth elements, and gallium mineralisation. The company has defined a maiden conceptual Exploration Target and is advancing drilling towards a maiden Mineral Resource.

The ASX has suspended trading of Canadian Phosphate Limited’s CP8O securities pending compliance with specific listing rules, a move that isolates this security class without affecting the company’s other quoted shares.

Mammoth Minerals reports extraordinary silver, gold, and copper assay results from surface sampling at Nevada’s Blue Dick Mine Prospect, confirming extensive high-grade mineralisation and setting the stage for drilling in Q3 2026.

S2 Resources has completed a heritage survey and begun aeromagnetic work at its Jillewarra gold project, with exploration licences expected soon and a 30,000-metre aircore drilling campaign planned for July.

Newmont Exploration has kicked off a fully funded diamond drilling campaign at Koonenberry Gold’s Junee JV, targeting a large gold-in-soil anomaly at the Allawah Prospect with results expected late 2026.

Midas Minerals extends high-grade copper and silver intercepts at Namibia’s T-13 deposit, reinforcing resource continuity ahead of a planned update later this year.

Kalamazoo Resources reports robust high-grade drilling results from its Mt Olympus Resource Definition Program, reinforcing resource continuity and growth potential at the Ashburton Gold Project.

Culpeo Minerals has reported standout copper and gold assays from rock chip sampling at its Fortuna Project in Chile, highlighting potential new target zones at La Florida and El Quillay prospects.

Recharge Metals has completed soil sampling and a detailed gravity survey at its underexplored Sunset Well Gold Project in WA, setting the stage for a major drilling campaign targeting the 94,500 oz Prospero Deposit. The company also expanded its footprint with four new regional projects, supported by a $6 million cash position.