Latest Macquarie Arc News

Kincora Copper says 2026 drilling has identified multiple porphyry-style intrusive complexes across its Nevertire and Nevertire South licences, expanding the interpreted prospective strike beyond 40 kilometres. The results remain early-stage, but AngloGold Ashanti’s potential A$100 million earn-in gives the exploration program meaningful financial backing.

Legacy Minerals has identified three untested induced polarisation targets at its Rockley project in NSW, led by an 800m zone with chargeability of up to 45mV/V. The priority target sits beneath surface copper, gold and silver anomalies, but drilling remains under consideration rather than committed.

Kingfisher Mining has remade itself around a 700 square kilometre New South Wales exploration portfolio, with Copper Blow emerging as the flagship after high-grade drilling. The shift came alongside a $1.16 million FY2026 loss, $1.21 million in cash and an explicit reliance on future funding.

Exultant Mining has kicked off fieldwork at Watsons Prospect and identified two additional priority copper-gold targets at its 390km² Black Hammer Project in the Macquarie Arc. The company is pursuing a staged exploration strategy while awaiting assay results from its maiden Balerion drill program.

Koonenberry Gold has kicked off a seven-hole RC and diamond drilling program at its Dunedoo Project in NSW, targeting the untested Bolinda Vale copper-gold porphyry system and the Hillside gold-silver anomalies.

Kincora Copper has accelerated exploration activities across its Australian portfolio, including partner-funded drilling with AngloGold Ashanti and sole-funded programs at Condobolin, while divesting its Mongolian assets for US$10 million to sharpen focus and strengthen its balance sheet.

Adavale Resources has executed a $1.2 million deal selling its Marree Embayment uranium assets to Orpheus Uranium, pivoting capital and attention towards advancing its gold-copper Parkes Project in NSW.

Godolphin Resources' JV partner Great Plains Metals has delivered a substantial copper-gold porphyry intercept at Goodrich, NSW, validating the exploration model and highlighting the project's scale potential.

Talisman Mining’s latest drilling at Sheepyard reveals broad shallow gold zones over 800m, signalling a large-scale system. New CEO Todd Ross takes the helm amid active exploration and $3.09 million cash.

Exultant Mining has kicked off its first drilling campaign at the Balerion Prospect in NSW, intersecting promising sulphide mineralisation while expanding tenure at Black Hammer with the Swatchfield licence grant.

Koonenberry Gold (ASX:KNB) bolstered its NSW portfolio by acquiring the Gundagai Gold-Copper Project and delivering strong drill results at Enmore and Junee JV, positioning for an active exploration phase.

Kingfisher Mining has completed extensive drilling at its Broken Hill Project, delivering high-grade copper-gold assays that push the Copper Blow project closer to a maiden resource estimate while progressing a strategic partnership with Broken Hill Mines.