Latest Exploration News

Miramar Resources is launching its first drilling campaign since 1964 at the Chain Pool Project’s Joy Helen prospect, targeting high-grade SEDEX copper-lead-silver mineralisation with promising strike extensions.

Tungsten Mining has kicked off on-site preparations for a major drilling campaign at Mt Mulgine, aiming to significantly expand its tungsten resource and potentially define the world's largest deposit.

MetalsGrove Mining has defined two extensive gold anomalous trends at its Fifty-Five Prospect in Côte d’Ivoire, setting the stage for infill sampling and auger drilling during the upcoming wet season.

Genmin has drawn strong international interest to finance its Baniaka iron ore project in Gabon, with proposals ranging from joint ventures to prepayment facilities. The Gabonese government backs the project as a national priority, aiming for a final investment decision by mid-2026.

Tartana Minerals revises its corporate presentation to clarify prior disclosures while spotlighting a $4.5 million capital raise to boost copper sulphate production and expand drilling across its Far North Queensland portfolio.

Legacy Minerals has withdrawn its earlier Mt Carrington production targets, updating its Scoping Study to reflect a stronger basis with 71% Indicated Resources. The revised study outlines a 12-year mine life, A$514 million pre-tax NPV7, and a streamlined development plan.

Diamond Infraco, backed by IFM Global Infrastructure Fund, has lodged a Takeovers Panel application alleging material disclosure deficiencies in Atlas Arteria's takeover bid documents, centering on governance rights tied to the Chicago Skyway asset.

Ballymore Resources launches a $3.24 million pro-rata entitlement offer priced at 12.5 cents per share, sweetened with free attaching options exercisable at 22 cents, to fund ongoing Queensland exploration and development.

The Supreme Court of Western Australia has approved the acquisition of Winsome Resources by Li-FT Power, triggering the legal effectiveness of the share and option schemes. Winsome shares will suspend trading on the ASX from 12 May 2026, with key implementation and delisting dates set for later this month.

Peel Mining has formally moved forward in its acquisition by Aeris Resources with the dispatch of the Scheme Booklet to shareholders, setting the stage for critical meetings on June 15.

Diablo Resources has completed the first tranche of a placement, raising $764,400 through 58.8 million shares at 1.3 cents each, with a shareholder meeting planned in June to approve a further $2.7 million raise.

Auravelle Metals is gearing up for a new Reverse Circulation drilling campaign at its Nuckulla Hill Gold Project, targeting extensions of high-grade mineralisation at Sheoak and early-stage targets at Sheoak East. The program builds on promising results and refined geological insights from recent aeromagnetic surveys.