Latest Exploration News

Blue Star Helium has successfully drilled the Jackson 2 well to total depth at its Galactica project in Colorado, confirming strong natural gas flow and advancing the project toward commercial production.

Novo Resources has expanded the high-grade gold anomaly at its John Bull Gold Project in NSW, setting the stage for a targeted reverse circulation drilling campaign planned for June 2025.

Great Boulder Resources has reported significant high-grade gold intersections extending the Ironbark deposit at its Side Well Gold Project, with follow-up drilling planned to explore further southern extensions.

Metal Hawk Ltd has announced multiple high-grade gold discoveries at its Leinster South project in Western Australia, with maiden drilling set to commence shortly at key prospects.

Magnum Mining & Exploration Limited has completed its acquisition of Palmares Estudos Geologicos LTDA, gaining full ownership of promising rare earth element projects in Brazil. Early exploration results reveal significant high-grade rare earth oxides, positioning Magnum to benefit from global supply shifts.

Axel REE Limited continues to report impressive high-grade gallium and rare earth element assays from surface drilling at its Caladão Project in Brazil, setting the stage for a maiden resource estimate expected by July 2025.

Turaco Gold Limited has updated its Afema Project mineral resource estimate to 3.55 million ounces of gold, marking a 40% increase since August 2024, while retracting a prior production target due to regulatory compliance concerns.

Pancontinental Energy has responded to an ASX query about recent spikes in its share price and trading volume, confirming no undisclosed information exists and pointing to strong industry interest in its PEL 87 project.

Foresta Group Holdings’ subsidiary partners with New Zealand’s EECA to explore geothermal steam for its flagship biomass facility, aiming to boost sustainability and efficiency.

Magnum Mining & Exploration has completed its acquisition of Palmares Estudos Geologicos LTDA, securing a significant rare earths landholding in Brazil after an extended due diligence process.

A shareholder has lodged an application with the Takeovers Panel challenging FBR Limited’s upcoming extraordinary general meeting resolutions related to significant share placements and funding arrangements with Fidelity International.

Nagambie Resources has discovered a high-grade antimony-gold lode east of its current resource, averaging 40.5 g/t gold equivalent, prompting plans for extensive follow-up drilling to expand its JORC resource.