Latest Exploration News

Ballymore Resources has restarted a 3,000-metre drilling program at its Torpy’s silver-lead-zinc-indium discovery in north Queensland, following a wet season pause. Early drilling results confirm multiple high-grade mineralised shoots and broad shallow zones, pointing to a potentially large mineralised system.

TG Metals Limited has achieved over 90% gold recovery in heap leach testwork on its Laterite resource at the Van Uden Gold Project, advancing preparations for a final investment decision in Q3 2026.

Alicanto Minerals has struck strategic earn-in agreements for its Swedish projects potentially worth A$21 million, while expanding its Mt Henry Gold Project footprint in Western Australia and proposing a name change to Sinclair Gold.

Unity Metals has extended its gold discoveries at the Ngot Gold Project in Cambodia, hitting mineralisation in all four drilled prospects with notable results near the Okvau Mine.

Alice Queen Limited has clarified the allocation of funds from its $5.77 million rights issue, dedicating over half to Horn Island exploration, while confirming director Jianying Wang’s stake will remain substantial post-raise.

Andean Silver has uncovered new bonanza-grade silver-gold veins near its Laguna Verde processing plant in Chile, setting the stage for a resource upgrade and feasibility studies.

Larvotto Resources’ initial flotation testwork on 1.4 million tonnes of Hillgrove tailings shows up to 95% antimony and 75% gold recoveries, unlocking potential metal inventory and environmental rehabilitation benefits ahead of production start in August 2026.

Ariana Resources has unveiled significant gold mineralisation extensions at its Dokwe Gold Project in Zimbabwe, following the completion of a 5,659m RC drilling program. The results support an updated JORC resource and ongoing feasibility efforts.

Ausgold Limited has promoted Ben Stockdale from CFO to CEO and appointed Reece Olney as GM Operations, reinforcing its leadership as the Katanning Gold Project approaches a final investment decision.

Sunstone Metals has reported significant new drill results at its Bramaderos project in Ecuador, with wide gold-copper mineralised zones extending beyond the current 3.6Moz resource. The ongoing drill program is set to upgrade a large exploration target, reinforcing the project's growth potential ahead of a resource update later this year.

Enegex Limited has kicked off a 3,000-3,500m RC drilling campaign at its Gogo Project in Côte d’Ivoire, targeting three key zones along the Bonoubana trend. Encouraging aircore results from the AW1 and Kalama Bave prospects on the Tougbe Permit highlight multiple mineralised zones with notable gold intercepts.

Nelson Resources has staked 186 claims forming the Cinnamon Property in Nevada, next to Guardian Metal's Pilot Mountain tungsten project, positioning itself in a strategic US critical minerals district amid soaring tungsten prices and supply concerns.