Latest Exploration News

Western Yilgarn Limited has identified seven promising gold exploration targets within its Gascoyne Gold Project, located just 8.7km from Benz Mining’s Glenburgh deposit in Western Australia. The findings stem from a detailed geophysical review highlighting structural and magnetic features analogous to the nearby gold system.

Black Cat Syndicate has launched mining operations at its Majestic underground mine near Kalgoorlie, aiming to deliver first ore to its Lakewood processing plant by December 2025. This milestone advances the company’s strategy to boost gold production through multiple projects.

Antares Metals reports compelling high-grade uranium assay results from its Mt Isa North project, highlighting promising prospects at Skevi and U4A with plans for maiden drilling programs.

West Coast Silver Limited has launched an intensified exploration campaign at its Elizabeth Hill Silver Project following impressive initial drilling results, aiming to expand and quantify near-surface and deeper silver mineralisation.

Octava Minerals has launched on-ground exploration at its Federation copper-zinc-silver-tin project in Western Tasmania, focusing on the historically promising Sweeney’s prospect. The company aims to leverage modern techniques to unlock the potential of mineralisation untouched since the 1980s.

My Foodie Box Limited is set to pivot from meal kits to mining by acquiring Australian gold, copper, and rare earth projects, renaming itself Tarrina Resources, and relisting on the ASX with a $5 million capital raise.

Verbrec Limited has reported its strongest financial performance in over a decade, with record gross margins and a return to profitability, alongside the reinstatement of dividends. The company is positioning itself for growth in sustainable energy sectors amid a cautious but optimistic outlook for FY2026.

Golden State Mining has raised $1.5 million through a strategic share placement to fund its gold exploration projects and potential acquisitions, alongside notable board changes signaling a new chapter for the company.

Nagambie Resources has amended its drilling update to include detailed economic assumptions and geological parallels with the nearby Costerfield Mine, reinforcing confidence in its Nagambie Mine project.

Austral Gold has obtained a $1 million short-term loan to support working capital as its Casposo processing plant nears commissioning after major refurbishments.

PT Aneka Tambang Tbk (ANTAM) posted a 7% increase in sales to Rp23.19 trillion in the first half of 2024, driven by strong domestic gold sales, and reported a net profit of Rp1.51 trillion. The company also completed significant divestments, retaining control of SDA while divesting majority ownership in FHT.

Iondrive Limited has secured a binding agreement with Colt Recycling LLC to test its innovative deep eutectic solvent technology for recovering rare earth elements from electronic waste, aiming to scale operations in North America.