Latest Exploration News

Deep Yellow Limited has firmly denied recent media speculation about a capital raising, reaffirming its compliance with ASX continuous disclosure rules.

Power Minerals Limited has had its trading suspension lifted following a significant announcement of a material acquisition and capital raising, signaling a pivotal moment for the mining explorer.

Kuniko Limited’s initial diamond drilling at the Commonwealth-Silica Hill Project has intersected significant massive sulphide mineralisation, confirming down-plunge continuity and prompting an accelerated Phase II drilling campaign backed by fresh funding.

Golden Horse Minerals continues to unlock significant high-grade gold mineralisation at its Hopes Hill project with new diamond and RC drilling results confirming both shallow and deep extensions. Regional drilling at Hakes Find and Marionete is underway, promising further insights.

Tempest Minerals has agreed to acquire a 145km² advanced gold portfolio in New Zealand’s North Island, unlocking multiple drill-ready targets in a prolific gold province. The $2 million all-scrip deal includes performance milestones tied to exploration success.

Paterson Resources has responded to an ASX price query following a notable rise in its share price and trading volume, confirming no undisclosed information is driving the recent market activity.

Prospect Resources is set to increase its ownership in the Mumbezhi Copper Project to 90%, following a US$4.25 million acquisition. The company plans to kick off an ambitious Phase 3 drilling program in early Q2 2026, backed by a recent A$45 million equity raise.

Patriot Resources has confirmed strong silver recoveries averaging 85% from historical testwork at its Tassa project in Peru, underpinning a maiden JORC Inferred Resource of 31.4 million ounces silver equivalent. An independent metallurgical review is underway to refine recovery assumptions and support future resource upgrades.

Regener8 Resources has raised $800,000 through a share placement to fund its strategic acquisition and exploration at the promising Srebrenica North Project in Bosnia. The company also plans a further entitlement offer to bolster its capital position.

Magnum Mining and Exploration has identified four promising gold and copper targets at its Parker Gold Project in Arizona, following an ultra-high resolution aeromagnetic and radiometric survey. The findings highlight potential extensions of historic mineralisation and set the stage for imminent drilling.

Kuniko Limited reports promising early diamond drilling results at its Commonwealth-Silica Hill Project in NSW, confirming significant sulphide mineralisation and extending known zones. Backed by a $3.75 million placement, the company is fast-tracking a larger Phase 2 drilling campaign to expand resource validation and explore new targets.

Auravelle Metals has launched a comprehensive exploration campaign at its Nuckulla Hill Project, including a detailed aerial magnetic survey and upcoming drilling to expand gold mineralisation at the Sheoak prospect.