Latest Exploration News

Austral Gold Limited has released an updated Mineral Resource and Reserve estimate for its Casposo Mine in Argentina, underpinning plans to restart production with strong economic fundamentals. The report highlights a 74-month mine life and a compelling after-tax NPV of US$72.7 million.

Litchfield Minerals reports a significant copper-zinc sulphide intersection exceeding 100 metres at its Oonagalabi Project, while clarifying and withdrawing previous copper equivalent guidance pending metallurgical validation.

NH3 Clean Energy has raised $4 million through a placement to institutional investors, aiming to fund critical front-end engineering design work for its WAH2 clean ammonia project.

Benz Mining Corp. reports a landmark 79-metre intercept grading 4.4 grams per tonne gold at its Zone 126 prospect, marking the thickest high-grade hit to date at the Glenburgh Gold Project. The company is accelerating drilling and aligning management incentives with ambitious resource growth targets.

Brightstar Resources has reported a remarkable 91% increase in gold production at its Laverton underground mines for the September quarter, setting a new company record. The ramp-up at the Fish mine and ongoing exploration efforts signal strong growth potential.

Patagonia Lithium prepares to drill a key lithium well in Argentina while advancing rare earth exploration in Brazil, backed by recent funding and promising early results.

Resouro Strategic Metals is on track to close its non-brokered private placement within the week, aiming to fund critical engineering work for its Tiros Titanium-Rare Earths Project in Brazil.

Waratah Minerals reports significant new gold assay results from diamond drilling at its Spur Gold Project, extending mineralisation down plunge by 150 metres and confirming high-grade zones within the Spur Gold Corridor. The company is ramping up drilling activity with five rigs to explore multiple targets.

Broken Hill Mines Limited reports outstanding high-grade silver-lead-zinc intercepts alongside promising gold-copper mineralisation at its Pinnacles Mine, expanding its phase 1 drilling program and targeting near-term open pit operations.

Stavely Minerals has expanded shallow gold mineralisation at its Fairview North prospect to over 300 metres, revealing high-grade gold intervals and setting the stage for an imminent Phase 3 drilling campaign.

Elixir Energy has confirmed 23 meters of net gas pay across three Permian formations at its Diona-1 well in Queensland, setting the stage for flow testing and potential near-term gas production.

Sunstone Metals has completed an extensive surface sampling campaign at its Bramaderos Gold-Copper Project in Ecuador, aiming to expand its 2.7 million ounce gold equivalent resource ahead of a scoping study. Assay results expected this month could unlock significant resource growth and new exploration avenues.