Latest Exploration News

88 Energy has upgraded its South Prudhoe Project prospective resources by 35%, adding a maiden Brookian reservoir estimate and increasing Ivishak resources by 44%, setting the stage for its high-impact Augusta-1 well in Alaska next year.

Altair Minerals reports high-grade gold grab samples up to 34.56g/t Au at South Oko, supported by deep geophysical targets. Diamond drilling at North Peters is set to begin imminently, advancing exploration in Guyana’s prolific greenstone belt.

Golden Horse Minerals has uncovered numerous high priority copper, cobalt, and uranium targets at its Sorrel Copper Project in the Northern Territory, setting the stage for an active dry season exploration campaign alongside a strategic review to maximise project value.

Xstate Resources has confirmed a significant over-pressured Permian gas and condensate discovery at its Diona-1 well in Queensland, with ongoing flow testing revealing promising transient gas responses constrained by hydrostatic fluid columns.

King River Resources exposes a major discrepancy in historical gold mining records at Mindoolah, uncovering vast unreported stockpiles and underexplored hardrock targets, with drilling set to begin in June 2026.

Ora Banda Mining has significantly expanded its gold resources and reserves at Waihi and Round Dam, while greenlighting a $375 million new mill and Waihi Underground development as part of its DRIVE to 300 growth plan.

Coda Minerals has launched critical drilling and environmental programmes at its Elizabeth Creek Copper-Silver Project, underpinning its Pre-Feasibility Study and potential resource expansion.

Nordic Resources (ASX:NNL) has delivered significant new gold intersections from its maiden 2026 drilling at Vesipera, part of the Kiimala Trend project in Finland, confirming and expanding known mineralisation and setting the stage for a maiden JORC resource update.

ALS Limited reported a 25.8% jump in underlying net profit after tax to AUD 381.2 million for FY26, driven by strong commodity testing demand and margin expansion. The company raised its dividend and advanced major hub lab projects while navigating a post-year-end cyber incident.

Eminence Minerals has finalised plans for a 2,000m auger drilling program at its Campo Grande Rare Earth Project in Brazil, aiming to validate high-priority rare earth targets adjacent to Brazilian Rare Earths' Sulista district.

Condor Energy has submitted its application to convert the offshore Tumbes Basin TEA 86 into a Licence Contract, securing 100% ownership and expanding its prospective resources to over 3.3 billion barrels of oil and 1 Tcf of gas.

Elixir Energy's Diona-1 well in Queensland confirms a recoverable overpressured Permian gas resource, enlarging its Taroom Trough footprint to 548,000 net acres. Flowback testing continues with plans for artificial lift to boost production.