Latest Exploration News

Hammer Metals reported steady progress across its Western Australian and Queensland gold and copper projects, highlighted by new drilling completions and a strategic acquisition at Mount Sefton. Assay results from key programs are eagerly awaited as the company strengthens its exploration pipeline.

NGX Limited has progressed its natural graphite exploration in Malawi and uranium projects in Namibia, while maintaining a robust financial footing with $2.7 million cash and no debt. The company is actively pursuing strategic partnerships and development pathways aligned with the clean energy transition.

AuKing Mining Ltd has agreed to acquire 100% of tin and silver exploration licences adjacent to Tasmania’s Renison Bell mine, tapping into a historically rich mining district amid surging tin prices.

Eagle Mountain Mining has made significant strides this quarter, including a $1.66 million capital raise and a potential joint venture with Japan’s Nittetsu Mining to develop its Oracle Ridge copper project.

Athena Resources has reported a maiden inferred resource estimate for its Byro South Magnetite Project, boosting the global Byro resource by 160%. The company also strengthened its leadership with the appointment of former WA Minister Alannah MacTiernan.

Osmond Resources has reported exceptional initial drilling results from its Orión EU Critical Minerals Project in Spain, advancing towards a maiden Mineral Resource Estimate and Scoping Study in 2026. A recent $6.6 million placement boosts the company’s cash position to over $8.5 million, underpinning further development.

Cobre Limited has secured $5.5 million in strategic placements to advance copper exploration and development in Botswana, highlighted by encouraging drilling results at the Cosmos Target and new seismic surveys funded by BHP.

Rapid Critical Metals has completed the acquisition of the Webbs Consol Silver Project and discovered a new parallel silver lode at its Webbs Silver Project, positioning the company for significant growth in 2026.

AIC Mines maintained steady copper and gold production at its Eloise mine, generating robust cash flow despite weather disruptions, while progressing its plant expansion and exploration programs.

Lotus Resources has made significant progress resolving sulphuric acid supply issues critical to ramping up production at its Kayelekera Uranium Mine, though full steady-state output is now expected in the second quarter of 2026.

Pinnacle Minerals has advanced its strategic pivot to North American critical minerals exploration, initiating fieldwork across multiple US projects and securing a strong cash position of approximately A$2.8 million.

Kali Metals has reported promising shallow gold intercepts from its maiden drilling at the Marble Bar Gold Project, confirming a 3km strike of mineralisation. The company is now planning an extensive Phase II program to expand and define this emerging gold system.