Latest Exploration News

Nova Minerals has identified fresh high-grade gold anomalies at its RPM area within Alaska’s Estelle Project, setting the stage for a pivotal 2026 drilling campaign.

Nordic Resources has reported final assay results from its 2025 drilling program at the Kopsa gold-copper project, revealing significant extensions of mineralisation beyond current resource boundaries. The company plans further drilling and an updated resource estimate in 2026.

Southern Cross Electrical Engineering (SCEE) reported a robust H1 FY26 with underlying EBITDA up 30.8%, raising full-year guidance despite a significant legal settlement cost. The company’s diversified portfolio and strong order book underpin its optimistic outlook.

Activeport Group clarifies that shareholder approvals for director and senior management subscriptions in a recent $6.8 million capital raising have expired, prompting the company to consider alternative funding options.

African Gold Ltd has proposed a scheme of arrangement for Montage Gold Corp to acquire 100% of its shares, with an independent expert endorsing the deal as fair and reasonable. The African Gold board unanimously recommends shareholder approval, setting the stage for a significant consolidation in Côte d'Ivoire’s gold sector.

Novo Resources has completed the first tranche of a capital raising, securing A$6.2 million, while announcing significant valuation impairments ahead of its 2025 financial report.

Emperor Energy has won a crucial 24-month extension on its Vic/P47 exploration permit, securing tenure for the Judith Gas Field offshore Victoria and allowing more time to complete environmental approvals and funding arrangements.

Carnavale Resources has completed critical drilling programs at its Kookynie Gold Project, pushing the Bankable Feasibility Study (BFS) forward and targeting a shovel-ready status by Q3 2026. The work upgrades resource confidence and supports detailed metallurgical and geotechnical studies.

AuMEGA Metals has successfully closed the first tranche of its upsized private placement, raising over C$5 million to advance its exploration projects in Newfoundland. A second tranche awaits shareholder approval, potentially boosting the company’s capital base further.

Viking Mines has successfully identified multiple new high-priority tungsten targets at its Linka Project in Nevada through cutting-edge gravity and magnetic surveys, prompting an expanded exploration program.

Albright Metals has completed the sale of part of its Bryah Basin tenements to Catalyst Metals, securing $1 million in cash and shares to advance its Golden Pike gold and antimony project in Canada.

Golden Mile Resources has raised $730,000 through a discounted private placement to fund accelerated exploration at its promising Aurora and Yuinmery gold projects.