Latest Exploration News

Somerset Minerals reports promising initial assay results from its Coppermine Project in Nunavut, confirming extensive high-grade copper mineralisation and suggesting a growing system at depth.

Larvotto Resources has formalised a key contract to upgrade its Hillgrove processing plant, aiming to become a major antimony producer by late 2026. Early works are progressing, with commissioning set to unlock new production capacity.

Asian Battery Metals PLC’s latest Phase 3 drilling results at the Yambat Project in Mongolia reveal expanded copper-nickel mineralisation and new high-conductance electromagnetic targets, underscoring the district-scale potential of this emerging magmatic sulphide system.

Krakatoa Resources is rapidly advancing exploration at its Zopkhito Gold and Antimony Project in Georgia, with underground core sampling and a two-rig diamond drilling program targeting a maiden JORC-compliant resource. The project’s strategic location offers a rare European source of critical minerals amid global supply concerns.

Moho Resources has swiftly secured 18 prospecting licences at its Bush Chook Gold Project, setting the stage for maiden drilling by early 2026. The licences cover significant historical gold anomalies, promising a rapid exploration timeline.

Brazilian Critical Minerals Ltd advances permitting for its Ema rare earths project in Brazil, securing strong local government support and progressing key licence applications.

Regis Resources delivered gold production in line with guidance for the September quarter, boosting its cash and bullion reserves to $675 million. Investors await the full quarterly report for deeper insights.

DevEx Resources has identified extensive multi-element uranium anomalies at its Murphy West Project in the Northern Territory, showing geochemical parallels to Queensland’s Junnagunna deposit. The company is advancing towards drilling in early 2026 to test these promising targets.

Tombador Iron Limited, soon to be Atomic Eagle Limited, is set to acquire Canadian uranium explorer GoviEx Uranium Inc and relist on the ASX, backed by a $5–10 million capital raise to advance its flagship Muntanga Uranium Project in Zambia.

Magmatic Resources has responded to ASX queries over a recent spike in its share price and trading volume, confirming no undisclosed information exists. The company points to pending assay results from its Weebo Gold Project drilling as the likely catalyst for market interest.

Taiton Resources has completed a significant share placement, issuing over 13 million new shares to sophisticated investors and granting employee options, aiming to advance its promising South Australian exploration projects.

Snow Lake Resources is set to acquire Global Uranium, creating a leading U.S.-focused uranium developer with a diversified portfolio and enhanced market presence. The merger promises scale, strategic synergies, and exposure to critical nuclear fuel cycle technologies amid supportive U.S. policies.