Latest Exploration News

Terra Metals reports breakthrough high-grade platinum group metals discoveries at its Southwest Prospect and confirms resource growth at its Dante Project, backed by a robust $11 million cash position.

Lithium Energy Limited has identified a potential porphyry copper-molybdenum system at its Bajool Prospect in Queensland, supported by advanced geophysical surveys and backed by government funding. The company is poised to commence drilling to validate this significant discovery within the Capricorn Gold-Copper Belt Project.

Horizon Gold appoints mining veteran Scott Williamson as CEO and Managing Director, signaling a strategic leadership shift to accelerate development of its Gum Creek Gold Project.

Horizon Minerals Ltd reported a solid quarterly cash flow increase of A$3.1 million, ending December 2025 with A$37.5 million in cash and equivalents. The company also extinguished its Nebari Convertible Loan Facility, signaling a cleaner capital structure ahead.

QMines Limited has made significant strides in its Queensland projects with high-grade drilling results at Mount Mackenzie and Develin Creek, backed by a $9 million capital raise to support exploration and development.

Horizon Minerals advances its Black Swan Processing Hub with increased throughput plans and reports $23.3 million in gold sales revenue, while securing a $35 million divestment deal for its Lake Johnston project.

CuFe Ltd has raised $5.4 million through a strategic placement and upgraded its Tennant Creek resource to include valuable critical minerals, setting the stage for a major drilling campaign.

Saturn Metals has delivered a strong Pre-Feasibility Study for its Apollo Hill Gold Project, outlining a 1.77 million ounce production target and maiden Ore Reserve of 1.58 million ounces. The company also completed a well-supported A$45 million share placement, positioning it well for the next development phase.

Imugene Limited has reported compelling clinical trial results for its off-the-shelf CAR T therapy, azer-cel, alongside FDA validation and a strategic collaboration, while managing cash flow amid cost reductions.

First Au Limited is streamlining its portfolio to concentrate exclusively on Western Australian gold projects, exiting offshore interests and enacting key board changes to align with investor expectations.

Red Mountain Mining has made significant strides in its critical minerals and gold projects across the US and Australia, highlighted by new claim acquisitions and promising exploration results at key antimony prospects.

OzAurum Resources has raised $4.1 million through a strategic placement to Forrestania Resources, which will become a significant shareholder and support development at the James Stage 1 Open Pit in Western Australia.