Latest Exploration News

Antares Metals is set to begin a 1,000m drilling campaign at its Queens Gift uranium project, aiming to expand mineralisation and upgrade its resource classification to JORC 2012 standards.

West Coast Silver Limited's initial diamond drilling at the Elizabeth Hill Silver Project reveals native silver near surface, confirming the high-grade potential of this historic deposit. Laboratory assays are pending, promising further clarity on the project's value.

Basin Energy has engaged contractors and secured land access to begin maiden drilling at its Sybella-Barkly project, targeting uranium and rare earth elements with government support. The program aims to test district-scale sediment-hosted and paleochannel targets in Queensland.

Octava Minerals has uncovered exceptionally high-grade indium alongside copper, zinc, silver, and tin at its Sweeney’s Prospect in Tasmania, securing regulatory approval for a 2000m diamond drilling campaign to explore this polymetallic potential.

Summit Minerals has closed its entitlement offer with just over a third of shares taken up, leaving a significant shortfall to be allocated by the underwriter. The funds raised will support exploration in Brazil and corporate activities.

Solara Minerals has secured a Heritage Agreement with Traditional Owners, enabling early-stage exploration and drilling across multiple Western Australian project areas, including the promising Degrussa West site.

SQX Resources has validated and surpassed historical gold grades at its Red Bird Project in Arizona, with assays reaching 49.2 g/t Au. A maiden drilling campaign is planned for January 2026 to explore this promising gold system further.

Somerset Minerals has reported robust assay results from its Coppermine Project in Nunavut, confirming extensive high-grade copper mineralisation at Jura North with promising depth potential. The latest drilling reinforces the project's scale and resource upside.

Jindalee Lithium has initiated a significant core drilling program at its McDermitt Lithium Project in the US, aiming to enhance lithium recovery and explore valuable magnesium by-products. Results are anticipated in early 2026, marking a pivotal step in advancing this major lithium resource.

Bayan Mining has secured US Bureau of Land Management approval for its Desert Star Project in California, paving the way for field activities and a planned drilling program in 2026. The project’s proximity to major rare earth and gold mines underscores its strategic potential.

Patronus Resources has confirmed significant high-grade gold mineralisation extensions at its Mertondale Project in Western Australia, highlighting strong growth potential along the Mertondale Shear Zone.

Lefroy Exploration has secured final approvals for the Lucky Strike Gold Mine, setting an accelerated timeline for mining and first gold production by March 2026. Partnering with BML Ventures, the company is poised to transition into gold production with strong financial backing.