Latest Exploration News

Flagship Minerals has wrapped up its metallurgical drilling and trenching at the 2.1Moz Isidora Gold Project in Chile, progressing to pilot scale heap leach test work and ongoing infill drilling targeting a resource update later this year.

Karoon Energy has successfully revived production at the Baúna SPS-92 well, lifting total output to 20,500 bopd and revising its 2026 capital expenditure guidance upward. Concurrently, the company plans a third phase of its on-market share buyback, citing undervaluation and disciplined capital allocation.

Midas Minerals’ initial diamond drilling at the Deblin deposit within Namibia’s Otavi Copper Project reveals two wide zones of visible copper sulphides, underscoring the project’s exploration potential ahead of assay results expected in September 2026.

KGL Resources has locked in a conditional placement raising approximately A$180 million as part of a broader A$300 million equity raise to fully fund the Jervois Copper Project. The placement attracted strong backing from major shareholders and global institutions, setting the stage for construction and production milestones.

Right Resources has locked in a second tranche of A$755,000 in non-dilutive R&D funding for FY2026, boosting its collaboration with the University of Tasmania's CODES to deepen understanding of mineral systems in the Tumbarumba district.

Orion Minerals has confirmed the down-dip continuity of a high-grade copper zone at its Flat Mine East prospect with a new drill intercept of 3.96m at 4.64% Cu, including 0.95m at 14.19% Cu, extending the deposit beyond previous drilling.

Athena Resources has kicked off a 2,900m drilling campaign at its Narryer magnetite deposit, aiming to establish its first Mineral Resource Estimate and advance development plans within the Byro Magnetite Project.

Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali BDT2 deposit in Côte d'Ivoire, reinforcing resource growth potential ahead of a major Mineral Resource Estimate update and Definitive Feasibility Study.

Cobre Limited has secured an option to acquire 100% of 25 mining concessions adjacent to its Sierra Atacama copper project, significantly enlarging its landholding in northern Chile's IOCG belt with a staged, low-cost payment plan.

White Cliff Minerals’ 2026 drilling at the Rae Copper Project in Nunavut confirms visible copper sulphides along a key geological boundary, expanding the Hulk sediment-hosted system’s footprint to 6.3 square kilometres and validating its district-scale potential.

Metals X has increased the Renison Tin Operation's mineral resource tonnage and contained tin, offsetting a slight decline in grade, reflecting ongoing drilling success and resource replenishment.

Lion Energy has locked in Indonesian government approval for a key farm-out deal, enabling OPIC to fund the majority of the Bula Karang-1 well costs while Lion retains a significant stake in the East Seram PSC.