Latest Exploration News

Polymetals Resources has reported its maiden revenue from the Endeavor Mine with first concentrate shipments, yet posted a substantial half-year loss of $34.5 million. Operational setbacks and exploration advances mark a pivotal phase for the company.

Dateline Resources has acquired the Music Valley Heavy Rare Earths Project in California, backed by historical high-grade data, and invested US$1 million in Fermi Critical Minerals to boost exploration across the US. This move complements its existing gold and rare earth projects, positioning the company at the forefront of critical mineral supply chain security.

Basin Energy has executed a definitive agreement to sell its Marshall Uranium Project to Green Canada Corporation, securing upfront payments and retaining significant future upside through equity and buyback options.

Ora Banda Mining Ltd has reported a robust half-year performance, with revenue soaring 80% to $336.3 million and net profit nearly doubling to $96.3 million, driven by operational ramp-ups and exploration success.

HyTerra Limited has partnered with Prometheus Hydrogen to demonstrate an integrated geologic hydrogen production and delivery system in the US, aiming to complete by December 2026. This collaboration could pave the way for commercial-scale hydrogen supply to government and defense sectors.

High-Tech Metals Ltd is set to expand its Mt Fisher gold resource following an independent geological review that highlights multiple high-grade extensions beyond current estimates. A targeted drilling campaign will soon commence to unlock this potential.

GoldArc Resources has locked in a strategic drilling services agreement with MMS for its Leonora South Gold Project, enabling up to A$750,000 of drilling fees to be paid in shares. This innovative deal preserves cash and aligns contractor incentives with the project’s long-term success.

Impact Minerals’ recent magneto-telluric survey at Broken Hill reveals a deep conductive corridor linked to near-surface anomalies, hinting at a large-scale mineral system beneath one of Australia’s most iconic mining districts.

Talonx Resources has confirmed significant high-grade gold mineralisation at its Viking Gold Project, with new assays revealing up to 20.6g/t gold over one metre. The company plans to resume drilling in March 2026 to expand these promising zones.

Havilah Resources has finalised a significant transaction with Sandfire Resources for the Kalkaroo copper-gold project, receiving $31.5 million in cash and shares, while advancing promising drilling at Birksgate.

Vault Minerals reports a series of high-grade drilling results across its key gold projects, signalling potential life-of-mine extensions and new mining fronts. The findings highlight resource growth opportunities at Leonora, Darlot, Deflector, and Sugar Zone.

Channel Infrastructure reported steady FY25 financials with record throughput and key project progress, while raising dividends and expanding into Australia via a strategic pipeline stake.