Latest Exploration News

Solstice Minerals has pushed the boundaries of its Nanadie Copper-Gold Project in WA, reporting a combined 148m intercept at 0.77% copper and 0.20g/t gold that extends mineralisation beyond the current resource estimate.

Bison Resources has identified additional widespread jasperoidal alteration and gossanous breccia at its Bald Peaks Project in Nevada, reinforcing the presence of a large-scale Carlin-type mineral system. Extensive rock chip and soil sampling programs are underway, with assay results pending and maiden drilling planned.

Westgold Resources reports a 41% jump in gold Ore Reserves to 4.1 million ounces with a 15% grade uplift, achieved at a notably low reserve addition cost of $27 per ounce. The company plans to invest up to $75 million in exploration drilling in FY27 to sustain this growth trajectory.

Encounter Resources has launched a strategic review of its copper assets across Western Australia and the Northern Territory, aiming to accelerate project development amid promising drilling results at its Yeneena Copper Project and other key sites.

Northern Star Resources (ASX:NST) posted a 24% rise in net profit to A$1.66 billion for FY26, declaring a fully franked 30 cent final dividend and advancing its KCGM mill expansion into commissioning.

Audalia Resources has raised $450,000 through a placement of 15 million shares at 3 cents each, aiming to push the Medcalf project towards production while maintaining working capital.

Percheron Therapeutics reduced its FY2026 loss to $4.79 million as it prepares to launch a pivotal phase II trial for its immuno-oncology drug HMBD-002, while managing a CEO transition and tightening cash reserves.

Canadian Phosphate Limited’s initial 2026 drilling at Wapiti has successfully intersected phosphate mineralisation in all eight holes, extending the known Main Zone strike by over 3km. Assay results are pending, with a resource update planned for late 2026.

Magnum Mining has completed nearly 7,000m of drilling at its Piracanjuba North rare earth project, expanding its footprint ahead of a planned November resource estimate, while assay results from Palmares await interpretation amid a strategic portfolio review.

ACDC Metals is set to launch its maiden drilling campaign at the Mount Jackson Project in Nevada, targeting key gold-silver zones with a 2,500-metre reverse circulation program starting in Q4 2026. A geophysical survey will precede drilling to sharpen targets and reduce costs.

Freehill Mining has appointed seasoned engineer Marco Meneses to spearhead development at its Blanco y Negro copper-gold project, coinciding with Chile's planned legislative change to double processing thresholds for small miners, enhancing project viability.

KGL Resources has completed a A$300 million equity raise, fully funding the Jervois Copper Project through construction and into production, with key contracts signed and development activities underway.