Latest Exploration News

Yandal Resources has released first assay results from its maiden diamond drilling program at the Arrakis Prospect, confirming broader and continuous gold mineralisation over a strike length exceeding 2.2km. The findings support a robust geological model and set the stage for expanded exploration in 2026.

Somerset Minerals confirms robust high-grade copper mineralisation at its Jura North prospect within the Coppermine Project, Nunavut, with plans for an aggressive 2026 drilling campaign and regional exploration across its extensive landholding.

Pivotal Metals has identified a promising new copper-gold exploration target, Kelly Lake East, within its Belleterre project in Quebec, setting the stage for a major drilling campaign in early 2026.

DevEx Resources reports a major metallurgical breakthrough at its Kennedy Rare Earths Project in Queensland, achieving up to 68% recovery of critical magnet rare earth elements using a straightforward heap leach process with low acid consumption.

Prodigy Gold reports strong gold intercepts from its 2025 drilling at the Tregony Deposit, setting the stage for an updated resource estimate and potential expansion in 2026.

West Coast Silver’s latest drilling at Elizabeth Hill confirms additional near-surface silver mineralisation and suggests a larger, vertically continuous system extending below historical workings. Assay results are expected soon, underpinning the project’s significant exploration potential.

Aura Energy has secured a new exploration permit in Sweden, adjacent to its existing Häggån project, positioning the company to deepen its stake in a globally significant polymetallic resource area.

Basin Energy has agreed to sell its Marshall Uranium Project to Green Canada Corporation, securing cash, shares, and a significant equity stake while retaining strategic rights and exposure to Canadian uranium assets.

Aeris Resources reported solid FY25 results within guidance and secured $80 million in new equity to fund exploration and development projects, positioning itself for significant growth in FY26.

The Foreign Investment Review Board has formally objected to Cosette Pharmaceuticals’ proposed acquisition of Mayne Pharma, casting serious doubt on the deal’s future and prompting Mayne to explore alternative paths.

Equity Story Group Ltd has secured $1.2 million through a fully subscribed two-tranche placement to accelerate growth in its fund management business and prepare for entry into the property sector in 2026.

Mt Malcolm Mine NL has supplemented its October Rights Issue with a $750,000 Placement Offer, updating its capital structure and funding plans to accelerate exploration and repay director loans.