Latest Exploration News

Summit Minerals has agreed to acquire the historic Keystone Mine in Nevada, a polymetallic project boasting impressive historic grades of silver, gold, and tungsten. The acquisition positions Summit to tap into a prolific US mining district with significant critical metals potential.

Australian Critical Minerals has obtained the final drilling permit for its Flint Project’s Gaya 103 concession in Peru, setting the stage for an imminent diamond drilling campaign targeting a significant high-sulphidation gold-silver system.

Cosmo Metals has confirmed shallow, high-grade gold mineralisation at its Spring Creek prospect in NSW through initial results from its maiden 2025 drilling program. The findings validate historical data and set the stage for expanded exploration along a significant regional gold trend.

Lefroy Exploration has commenced reverse circulation drilling at its Burns Gold Deposit, aiming to extend a high-grade gold corridor with assay results expected early next year.

Everest Metals has kicked off an extensive 7,000-metre aircore drilling campaign at its Revere Gold Project in Western Australia, targeting two key mineralised zones ahead of a maiden resource estimate expected in 2026.

Winchester Energy Limited has amended its recent placement announcement, confirming a raise of $350,000 through the issuance of 350 million shares, up from the initially stated $300,000.

Immutep has struck a strategic licensing deal with Dr. Reddy’s, granting rights to commercialise its novel cancer immunotherapy Eftilagimod Alfa across key emerging markets. The agreement includes a $20 million upfront payment and potential milestones exceeding $349 million.

US1 Critical Minerals has launched Federal Court proceedings against Apex USA Resources over disputed Rare Earth Elements tenements in California, seeking to secure ownership and prevent disposal amid escalating tensions.

Viridis Mining and Minerals has secured a favorable technical assessment for its Colossus Project's environmental license, setting the stage for a critical council review in December.

Empire Resources has reported promising high-grade gold and copper anomalies from recent rock chip and soil sampling at its Yuinmery Copper-Gold Project, setting the stage for targeted drilling in 2026.

Southern Palladium Limited has completed the second tranche of its capital raising, issuing over 11.5 million shares to raise A$12.74 million following shareholder approval.

Stonehorse Energy’s first well in Alberta’s Ellerslie reservoir is producing ahead of schedule and below budget, prompting plans for three more wells in 2026 to deepen its foothold in Western Canada.