Latest Exploration News

Western Gold Resources has responded to ASX inquiries about recent unusual trading activity, disclosing partial assay results from its Gold Duke drilling program while affirming compliance with continuous disclosure rules.

Western Gold Resources has completed over 45% of its 35,300-metre grade control and infill drilling program at the Gold Duke Project, receiving initial assay results from the Eagle prospect. The company is finalizing an updated scoping study and secured $3 million in non-dilutive funding to support a planned mining start in late 2025.

Tempest Minerals has secured regulatory approval to begin Phase I drilling at its Halo prospect within the Yalgoo Project, targeting iron, copper, and gold. A heritage survey with the Badimia People is currently in progress, marking a key step toward unlocking the site's potential.

Mont Royal Resources Ltd (ASX – MRZ) has lodged a prospectus to raise between A$8 million and A$10 million through a share offer priced at A$0.20 each, coinciding with a proposed merger with Commerce Resources Corp (TSXV – CCE). The combined entity aims to become a leading Quebec-focused critical minerals developer.

Litchfield Minerals has successfully raised $1.5 million through an oversubscribed placement and share purchase plan, fueling an ambitious 14-hole drilling campaign at its flagship Oonagalabi Project.

Breakthrough Minerals is set to begin a Reverse Circulation drilling campaign at its 100% owned Errolls Gold Project in Western Australia, targeting extensions of previously identified high-grade gold mineralization. Recent soil sampling reinforces the project's prospectivity along the Youanmi Shear Zone.

Lithium Universe Limited reports a major advance in silver recycling technology, achieving near-Britannia-grade purity in just five minutes using its proprietary JESE method. This innovation promises to reshape solar panel recycling with higher efficiency and sustainability.

Argent Minerals has reported outstanding high-grade silver and polymetallic mineralisation from diamond drillhole AKDD208 at its Kempfield Project, significantly enhancing the deposit’s resource potential.

Forrestania Resources has completed its acquisition of the British Hill Gold Project near Southern Cross, Western Australia, and appointed MBS Environmental to lead mine development planning.

Marvel Gold Limited has identified significant gold soil anomalies over a 3-kilometre stretch at its Hanang Gold Project in Tanzania, setting the stage for a maiden drilling campaign following a planned drone-borne magnetic survey.

Savannah Goldfields has initiated a targeted drilling campaign at its Big Reef Extended Prospect, aiming to expand gold resources and support imminent mining plans at the Georgetown Gold Project.

Prospect Resources has reported significant new copper assay results from its Phase 2 drilling at the Kabikupa deposit, extending mineralisation beyond 1km and confirming zones closer to surface and at depth. These findings bolster the Mumbezhi Copper Project’s resource potential ahead of an updated estimate due in Q4 2025.