Latest Exploration News

Genesis Resources progresses environmental approvals for its North Macedonian Plavica project while Australian drilling at Alice Springs and Arltunga yields underwhelming copper and gold assays.

Mindax Limited advances its vision for Western Australia's Mid-West iron ore hub, issuing 58 million options to directors and raising fresh capital to fuel exploration and development.

Pearl Gull Iron Limited has completed the sale of its Cockatoo Island Project, receiving $2.5 million upfront and securing a 4% indirect equity stake in Crestlink Pty Ltd, alongside future royalties. The company is now focused on leveraging these proceeds to explore new opportunities.

Orpheus Uranium Limited made significant strides in 2025 with critical land-access agreements and regulatory approvals across its uranium projects, positioning the company for advanced exploration in 2026. The acquisition of the Oobagooma Project further diversifies its portfolio in Western Australia.

Revolver Resources has significantly upgraded the Dianne Copper Mine Project’s resource base and outlined robust economics for a mining restart, targeting first copper cathode production by late 2026.

White Energy’s subsidiary has agreed to sell key Kentucky coal assets for USD 3.8 million, marking a significant step in recovering outstanding debts from a bankrupt former subsidiary.

BMC Minerals has successfully listed on the ASX, raising A$100 million to accelerate exploration and development of its polymetallic Kudz Ze Kayah Project in Canada’s Yukon. The company’s strong feasibility study and binding offtake agreements position it as a future leader in silver and zinc production.

BMC Minerals Ltd. reported a strong cash position of $64.9 million following its December 2025 ASX listing, supported by significant financing inflows and a secured agreement with Wheaton Precious Metals Corp.

Octava Minerals has amended its acquisition terms for the Byro REE Project, extending the deadline and replacing a share grant with performance rights tied to project milestones.

GoldArc Resources has identified multiple high-priority gold targets at its Leonora projects and secured strategic partnerships to accelerate mining development, backed by a $2.5 million cash advance facility.

Litchfield Minerals has confirmed a significantly larger mineralised footprint at its Oonagalabi Project, delivering strong copper and zinc drilling results while securing $6 million to accelerate exploration.

Melbana Energy’s Q4 2025 report reveals a complex quarter with drilling setbacks in Cuba due to partner payment issues, alongside significant resource upgrades offshore Australia.