Latest Exploration News

Nex Metals Explorations and the Wangkatja Tjungula Aboriginal Corporation have formalised a joint venture to combine WTAC’s capital and cultural knowledge with Nex Metals’ technical expertise to pursue gold projects in Western Australia.

Locksley Resources’ maiden diamond drilling at the Desert Antimony Mine reveals high-grade antimony mineralisation extending beneath historic underground workings, including a standout 33.51% Sb intercept.

Kuniko Limited’s Phase 1 drilling at the Commonwealth-Silica Hill Project delivers compelling high-grade gold, silver, and base metal results, validating extensions beyond known mineralisation and setting the stage for a larger Phase 2 program starting in July.

Midas Minerals has reported new high-grade copper and silver intercepts from infill drilling at its T-13 Deposit in Namibia, confirming continuity and expansion potential of the mineralisation. An updated resource estimate is anticipated later this year.

Resolution Minerals has completed the first three holes of its 2026 drilling campaign at Golden Gate, Idaho, revealing strong sulphide mineralisation and alteration consistent with known gold and tungsten zones. A second drill rig is now onsite to accelerate the program, which aims to test up to 13,700 metres across 45 holes.

Metal Bank has secured $1.2 million through a placement at a 30% premium, aiming to fast-track production at its Seven Leaders deposit and advance the Homestead and Winja gold projects at Livingstone.

Carnaby Resources has extended its high-grade Trek 1 Footwall Lode at the Greater Duchess Project, delivering a 38m intercept at 1.9% copper equivalent and keeping the discovery wide open for further growth.

DeSoto Resources has identified two priority soil anomaly zones at its Timbakouna Project in Guinea’s Siguiri Basin, setting the stage for targeted drilling after airborne magnetics surveys and infill sampling.

Lion Rock Minerals has brought in a seasoned leadership team from Sierra Rutile to spearhead development at its Minta Rutile and Monazite Project in Cameroon, supported by a $2 million capital raise.

Advance Metals Limited (ASX:AVM) is acquiring the remaining 20% of its Myrtleford and Beaufort gold projects, moving to 100% ownership following a string of high-grade drill results and promising metallurgical recoveries at Happy Valley.

Hillgrove Resources has secured an option to earn an 80% stake in the Mutooroo Copper Project through a $10 million pre-feasibility study farm-in with Havilah Resources, aiming to leverage existing infrastructure to boost copper output.

Hillgrove Resources has secured the right to earn an 80% stake in the Mutooroo Copper Project through a farm-in deal with Havilah Resources, leveraging its Kanmantoo processing plant to potentially boost copper output with lower capital risk.