Latest Exploration News

Provaris Energy and Yinson have completed the design of a groundbreaking large-scale liquid CO2 tank for maritime use and are forming a joint venture to commercialize this innovation, aiming to scale carbon capture supply chains and reduce costs.

Brightstar Resources is advancing underground development at its Fish Mine on schedule, aiming for first ore stoping in the September quarter while launching drilling programs to extend mine life and upgrade resources.

Warriedar Resources has uncovered an extraordinary visible gold intersection at its Ricciardo deposit, prompting a fast-tracked drilling campaign aimed at expanding this promising high-grade zone.

Western Gold Resources has signed a binding toll milling agreement with Wiluna Mining Corporation, fast-tracking production at its Gold Duke Project. With full mining approvals and a preferred contractor in place, the company is poised to capitalise on soaring gold prices.

Encounter Resources has launched a rapid aircore drilling campaign at its Aileron project, targeting shallow, high-grade niobium and rare earth mineralisation to build on last year’s discoveries and resource base.

Nordic Resources has confirmed substantial gold mineralisation at its newly acquired Hirsikangas project in Finland, revealing wide and high-grade intersections with significant unexplored potential along a 10km magnetic trend.

Terramin Australia reports progress on its Tala Hamza Zinc Project amid Algeria's landmark mining reforms that raise foreign ownership limits and streamline permits, potentially reshaping its investment landscape.

Blackstone Minerals has received Supreme Court approval to acquire IDM International, gaining control of the significant Mankayan copper-gold project in the Philippines. The scheme is set to become effective mid-June, marking a strategic expansion for Blackstone in Southeast Asia's critical minerals sector.

Horizon Oil has finalized amendments to its senior debt facility with Macquarie Bank, enabling the acquisition of significant gas assets in Thailand that will add approximately 2,000 barrels of oil equivalent per day to its production.

Vanadium Resources has signed a non-binding MoU with China Precious Asia Limited to supply vanadium-rich magnetite ore from its Steelpoortdrift project, aiming for early production and cashflow. This marks a strategic pivot to monetise its vast resource amid subdued vanadium markets.

Lakes Blue Energy has raised $6.5 million through a fully underwritten placement to fund the drilling and testing of its Wombat 5 appraisal well in Victoria, positioning itself to address looming gas shortages on Australia’s east coast.

Avenira Limited has secured Northern Territory Government approval for its Wonarah Direct Shipping Ore Mine Management Plan, paving the way for first ore shipment by Q4 2025. The project includes infrastructure development and exploration drilling to support future beneficiation.