Latest Exploration News

Indiana Resources reports significant gold intercepts at its Minos Gold Project, extending mineralisation by 60 metres and confirming open depth potential. A new air-core drilling campaign is set to test further targets along the Lake Labyrinth Shear Zone.

Lightning Minerals has completed its first drilling campaign at the Esperança lithium project in Brazil, intersecting multiple thick pegmatite zones that hint at promising lithium potential despite currently low grades.

Encounter Resources has announced an initial inferred copper resource of 2.9 million tonnes at 0.8% copper at its Yeneena Project in Western Australia, highlighting the potential of the extensive Parbo copper system and setting the stage for further drilling in 2026.

iTech Minerals has raised $1.4 million through a Share Purchase Plan, exceeding its $1 million target, to fund key drilling projects in the Northern Territory alongside a recent $2 million placement.

Aldoro Resources has announced a significant 85% increase in the inferred mineral resource at its Kameelburg Rare Earth Element-Niobium project in Namibia, now totalling 520.61 million tonnes at 2.49% TREO equivalent. This positions Kameelburg as a globally strategic deposit with substantial high-grade zones and excellent infrastructure access.

Audalia Resources is raising $500,000 through a share placement to fund critical development and regulatory steps at its Medcalf Project, aiming to advance mining permits and design.

Tamboran Resources has reported record natural gas flow rates from its Shenandoah South 2H sidetrack well and initiated the largest drilling program ever seen in the Beetaloo Basin, alongside securing key approvals for gas sales.

Savannah Goldfields completes drilling at Big Reef and advances exploration at Electric Light, targeting resource expansion and imminent mining at Georgetown.

Manuka Resources has received a binding debt offer to refinance existing obligations and support the restart of its Wonawinta silver and gold processing plant in early 2026, leveraging current high metal prices.

Advance Metals Limited has reported significant upgrades to gold grades at its Happy Valley Prospect in Victoria, Australia, following a re-assay program using the more precise screen fire method. Ongoing drilling aims to extend mineralisation deeper and along a broader regional trend.

Paterson Resources has announced a $2 million capital raising via a placement and a non-renounceable entitlement offer, aimed at advancing its Grace Project in Western Australia. The offer includes new shares priced at $0.018 each and free attaching options, with proceeds earmarked for drilling, studies, and working capital.

Yancoal Australia Ltd reported a sharp 61% drop in net profit for the first half of 2025 amid falling coal prices and supply chain disruptions, despite a 15% rise in production. The company declared a fully franked interim dividend and is advancing strategic acquisitions and sustainability initiatives.