Latest Exploration News

InVert Graphite has completed its maiden drilling program at the Kumba deposit in Tanzania, revealing wide zones of high-grade graphite near surface and positioning the Morogoro Project for further advancement.

OzAurum Resources has lodged a key mining proposal for its Mulgabbie North Gold Project, outlining a low-capital, staged heap leach development with strong metallurgical recoveries and an owner-operator model to control costs amid record gold prices.

Enova Mining has completed over 65% of its diamond drilling program at the East Salinas rare earth project in Brazil, with initial assay results expected by early February. The drilling targets high-grade rare earth mineralisation across multiple prospects, aiming to confirm continuity and support resource development.

Sunstone Metals is seeking shareholder approval for a 30-for-1 share consolidation aimed at simplifying its capital structure and enhancing investor appeal. The move follows a recent placement that left the company with over 7 billion securities on issue.

Tambourah Metals has identified two promising gold targets at its Beatty Park South prospect through advanced geophysical and soil sampling techniques, setting the stage for imminent drilling campaigns.

Nelson Resources has reported exceptional high-grade gold and silver rock chip assays from its Gold Point project in Nevada, confirming extensive mineralisation and setting the stage for maiden drilling in 2026.

Core Lithium has unveiled an optimised mine plan for its Grants deposit that promises earlier ore production and a $35-45 million reduction in pre-production capital. The company also reported a significant increase in its Finniss Project Ore Reserve and is advancing towards a Final Investment Decision amid improved lithium market conditions.

West Cobar Metals has announced a significant inferred gallium resource of 263 million tonnes at its Salazar Critical Minerals Project in Western Australia, highlighting the strategic importance of gallium amid global supply constraints.

GBM Resources has reported significant high-grade gold assay results from its Stage 1 drilling at the 309 deposit within the Twin Hills Gold Project, revealing mineralisation beyond the current resource estimate and setting the stage for expanded drilling.

Gold Mountain Limited has agreed to sell its Papua New Guinea exploration licences for $2 million, redirecting funds to advance its promising Brazilian projects and strengthen working capital.

Investigator Silver Limited has made significant progress on its Paris Silver Project, confirming an optimal 1.5 Mtpa plant design and identifying new high-priority exploration targets. A $10 million capital raise strengthens its balance sheet ahead of the Definitive Feasibility Study due in H1 2026.

Waratah Minerals has kicked off an ambitious 80,000-metre drilling program at its Spur Gold Project, aiming to expand known gold zones and uncover new high-grade deposits. The campaign marks a pivotal step in realising the project’s multi-million-ounce potential.