Latest Exploration News

Mont Royal Resources has identified significant high-grade fluorspar mineralisation up to 39.8% CaF2 at its Mallard Prospect, located just 1.4km from the flagship Ashram Deposit in Québec. The discovery highlights expanding fluorspar potential amid tightening global markets and China's shift to net importer status.

Impact Minerals reports strong assay results from Commonwealth South, confirming polymetallic continuity and setting the stage for a July drilling expansion by JV partner Kuniko.

Nexus Minerals has kicked off its major Wallbrook drilling campaign with high-grade gold results at the Clement Prospect, confirming a multi-lode system and bolstering hopes for a maiden resource estimate.

Terrain Minerals has extended its induced polarisation survey by 4km over three historically significant gold targets at Smokebush, applying the same technique that revealed the 600-metre Lightning chargeability anomaly, with results and a maiden resource estimate due in July 2026.

Red Sky Energy has closed a fully underwritten rights issue, securing $2.46 million from shareholders and relying on underwriting to cover a $1.69 million shortfall. The new shares will be issued today, supporting the company’s ongoing funding needs.

Mt Malcolm Mines (ASX:M2M) is gearing up for a major drilling campaign at its Calypso Gold Prospect, aiming to convert a substantial Exploration Target into a JORC-compliant Mineral Resource. The program follows high-grade discoveries at the newly identified T3 Constance Lode and historical multi-lode mineralisation.

Infragreen Group Limited (ASX: IFN) forecasts a robust FY26 with underlying EBITDA rising to $22.5m-$25m and underlying NPAT surging over 270%, driven by solid performances in Energybuild and Pure Environmental. The company anticipates continued momentum into FY27, despite some short-term headwinds in Minemet and Merredin Energy.

Pioneer Minerals has begun restoring the Springfield Mine access road at its North Pine Project in Idaho, unlocking critical site access that will slash exploration costs and speed up fieldwork for tungsten, gold, and gallium targets.

Haranga Resources has delivered a maiden JORC Mineral Resource Estimate of 402,000 ounces at 5.1 g/t gold from its Lincoln Gold Project in California, underpinning rapid restart plans backed by $90 million in existing infrastructure.

Pacific Resources (ASX: PXR) has secured 100% ownership of the Snowstorm Project, a high-grade gold asset in Victoria’s Eastern Goldfields, for $400,000. The acquisition complements its existing foothold in the region and sets the stage for underground bulk sampling and deeper exploration.

Western Mines Group (ASX:WMG) has reported a broad 230m intersection of nickel sulphide mineralisation at its Mulga Tank Project, including multiple higher-grade zones, as its Phase 5 drilling program overcomes earlier fuel supply issues and gains momentum.

Omnia Metals has identified Beaver Creek within its Montana Radix Project as the key focus for rare earth and niobium exploration, leveraging historical data and planning detailed field validation.