Latest Exploration News

Kali Metals has identified a new high-grade gold prospect at its Marble Bar Project, extending the strike length of gold mineralisation to approximately 3km and preparing for its inaugural drilling program.

Power Minerals Limited has raised A$2.6 million through a share placement to fund critical due diligence and fieldwork at its Santa Anna Niobium and Rare Earth Elements project in Brazil.

Strata Minerals Limited is set to recommence diamond drilling at its Penny South Gold Project in Western Australia, aiming to build on promising initial results. The program, co-funded by the WA government, marks a critical step in advancing exploration with new structural insights expected.

Noronex Limited has contracted a substantial 7,000m Reverse Circulation drilling program at its Humpback Copper Project in Namibia, backed by South32’s earn-in funding. This move aims to unlock new large-scale copper discoveries on promising domal structures within the Kalahari Copper Belt.

Koonenberry Gold has identified a significant new high-grade gold target at its Enmore Gold Project in northeast NSW, revealing a robust soil anomaly and impressive rock chip assays. Drilling is set to begin in late August, underscoring the district’s untapped potential beyond the Sunnyside Prospect.

Bryah Resources has formalised its acquisition of the Golden Pike high-grade gold and antimony project in New Brunswick, marking a strategic expansion into a promising Canadian mining jurisdiction.

Vanadium Resources’ subsidiary has inked a binding two-year offtake deal with China Precious Asia for 100,000 tonnes per month of vanadium-rich ore, marking a pivotal step toward production and early cash flow generation.

Reach Resources has significantly increased its gold resource inventory at the Murchison South project, with combined estimates for Blue Heaven and Pansy Pit now totaling approximately 67,100 ounces. Strong metallurgical results and exploration upside highlight the project's potential.

Red Sky Energy reports steady cash flow from Innamincka’s Yarrow 3 well, progresses a key farmin deal at Killanoola, and unveils maiden resource estimates offshore Angola, despite some project delays.

Perpetual Limited reported a 2.5% increase in assets under management to A$226.8 billion for Q4 FY25, driven by strong market performance and inflows. The company reaffirmed its expense guidance and continues to pursue the sale of its Wealth Management business.

Metro Mining Limited has reported record Q2 shipments and site EBITDA margins, driven by a fully operational expansion and a robust bauxite market. Operational challenges from a tropical storm have been resolved, and exploration activities are accelerating.

Infinity Lithium progresses its Australian gold-copper-silver exploration with new option agreements, while facing delays and strategic shifts in its Spanish lithium project.