Latest Exploration News

Alara Resources and partners have completed their maiden drilling program at Oman’s Block 8, revealing encouraging copper and zinc mineralisation consistent with Volcanogenic Massive Sulphide deposits. The results validate the geological model and set the stage for further exploration.

Skylark Minerals Limited has applied for ASX quotation of 17,577,446 fully paid ordinary shares linked to a previously announced placement, with further shares pending shareholder approval.

Paterson Resources has wrapped up the first phase of its drilling campaign at the Grace Gold-Copper Project, setting the stage for a resource upgrade and scoping study in 2026.

Resources & Energy Group Limited has raised $2 million to fund drilling and production expansion at its East Menzies Gold Project, following a year of significant operational milestones.

Buru Energy has issued over 55 million attaching options to shareholders who participated in its recent share purchase plan, marking a significant step in its capital raising efforts.

Sierra Nevada Gold (ASX – SNX) has won the rights to explore the expansive As Safra copper-gold project in Saudi Arabia, marking a strategic expansion into a high-potential mining district aligned with the Kingdom’s Vision 2030 ambitions.

Australian Gold and Copper Ltd (AGC) has released an amended initial Mineral Resource Estimate for its Achilles deposit, reporting 38.5 million ounces silver-equivalent and confirming the deposit’s potential as a significant new mineral district in New South Wales.

E79 Gold Mines has initiated a high-resolution gravity survey at its newly acquired Cue Gold Project in Western Australia, aiming to reveal hidden gold structures and define drill targets for early 2026.

EV Resources reports exceptional antimony recovery at its Los Lirios project using a simplified gravity process, paving the way for a lower-cost, accelerated development timeline.

International Graphite Limited has signed a non-binding letter of intent with Alkeemia S.p.A to access graphite purification tolling services at a new Italian plant starting early 2026, aiming to boost its high-purity graphite supply while minimizing capital costs.

Koonenberry Gold has intersected visible gold in deep drill holes at its Enmore Gold Project, extending the known alteration zone and confirming a robust mineral system open at depth. The company is well funded and advancing a comprehensive drilling program to unlock further potential.

Aureka Limited has raised $3.6 million through a share placement to fund a second diamond drill rig and accelerate exploration at its Victorian gold projects, reflecting strong investor confidence following recent high-grade discoveries.