Latest Exploration News

Elixir Energy has secured a $16.6 million capital injection led by Omega Oil and Gas, propelling its high-impact Lorelle-3 appraisal well drilling and expanding contingent gas resources in Queensland’s Taroom Trough.

Mineral Resources Limited has upgraded its lithium production guidance and reported record iron ore shipments in Q2 FY26, alongside a significant reduction in net debt and a strategic joint venture with POSCO Holdings.

Hamelin Gold Limited advances exploration with fresh drilling and geophysical surveys in Western Australia’s Yilgarn, Tanami, and Paterson provinces, maintaining a solid cash position of AUD 3.6 million.

Everest Metals Corporation has ramped up mining operations at its Mt Dimer Taipan Gold Project, delivering over 25,000 tonnes of ore and initiating a major drilling program to expand resources and optimise production.

Great Western Exploration is set to drill six promising copper-gold targets at its Juggernaut prospect, aiming to unlock a volcanic hosted massive sulphide (VHMS) mineral system akin to nearby DeGrussa.

Tanami Gold NL reports significant drilling progress and an 18% increase in resource tonnes at its Central Tanami Project, reinforcing its growth potential ahead of a key joint venture acquisition.

QX Resources has confirmed high-grade uranium mineralisation at its Madaba project in Tanzania and commissioned a detailed airborne radiometric survey to refine drill targets. Meanwhile, gold and iron ore projects in Australia await further exploration.

EVZ Limited has reported its strongest quarterly cash position since inception, alongside profitable growth and an $80 million contract backlog, signalling robust momentum in its transition to a diversified industrial group.

Iluka Resources has reported a significant 19% increase in heavy mineral tonnage at its WIM100 deposit in western Victoria, enhancing the resource confidence and supporting its rare earths supply ambitions for the Eneabba refinery.

Lode Resources has reported a series of impressive high-grade silver and antimony drill results from its Montezuma Project in Tasmania, alongside completing a significant divestment of its Webbs Consol Silver Project, strengthening its balance sheet for further exploration.

Western Yilgarn NL has broadened its gallium exploration at the Ida Holmes Junction Project and secured critical land access for its Cardea 2 Bauxite Project, backed by a $698,000 capital raise to advance multiple resource programs.

Helix Resources has launched significant geophysical surveys at its White Hills copper-gold project in Arizona and confirmed promising metallurgical results at its Gold Basin gold deposit, underpinning potential low-cost development. The company also completed a $2 million capital raise and secured permits for further sampling in New South Wales.