Latest Exploration News

Ballymore Resources has reported compelling high-grade silver-lead-zinc-indium mineralisation from recent drilling at its Torpy’s and Little Torpy’s prospects in north Queensland, highlighting the potential for a significant shallow polymetallic deposit.

Medallion Metals has raised $60 million through a placement and share purchase plan to advance its integrated gold-copper development strategy, targeting first production in early 2027.

Westgold Resources is set to demerge its non-core Reedy and Comet gold projects into a new ASX-listed entity, Valiant Gold, aiming to unlock value and fast-track cash flow through a strategic ore purchase agreement.

PMET Resources reports significant new lithium and caesium discoveries from its 2025 drilling campaign at the Shaakichiuwaanaan Property, reinforcing its position as a key North American critical minerals project.

Fortuna Metals has confirmed a significant rutile discovery at its Mkanda project in Malawi, with high-grade drill results reaching up to 2.21% rutile over wide intervals. This discovery, adjacent to a world-class deposit, signals strong potential for a large-scale titanium feedstock resource.

Mt Malcolm Mines has executed a binding agreement to acquire key components of a 500,000 tonnes per annum gold processing plant, positioning itself for future self-processing and toll-milling opportunities in the prolific Leonora gold region.

EV Resources is set to begin a fully funded maiden diamond drilling program at its high-grade Los Lirios antimony project in Mexico, aiming to define a maiden JORC resource by Q3 2026. This marks a pivotal step toward production readiness and a broader 2026 exploration campaign.

Nova Minerals Limited has voluntarily suspended trading of its shares on the ASX pending a capital raising announcement expected on 17 December 2025.

Great Southern Mining reports significant new high-grade gold intercepts at its Amy Clarke prospect, extending mineralisation over 4.7km and setting the stage for follow-up drilling in 2026.

Godolphin Resources has significantly upgraded its Lewis Ponds deposit, increasing total tonnage by 78% and gold content by 34%, setting the stage for an upcoming scoping study.

Blue Star Helium has completed mechanical assembly of its Galactica helium facility and is set to begin commissioning this week, aiming for first production by December 2025.

Future Metals NL has completed strategic planning that enhances its flagship Panton PGM Project’s value, driven by a 35% rise in platinum group metal prices and expanded exploration programs. The company is also advancing infrastructure options and strengthening its management team to accelerate development.