Latest Metals Exploration News

Nex Metals Explorations and Wangkatja Tjungula Aboriginal Corporation’s joint venture is set to acquire the East Scotia Gold Project, adding a strategically located asset with promising geology and minimal recent exploration to their portfolio.

Cosmo Metals has reported promising assay results from diamond drilling at its Kanowna Gold Project, revealing a broad 14m mineralised zone at Laguna Verde and reinforcing continuity of gold mineralisation. Additional drilling at Don Alvaro suggests structural complexity along the Kanowna Shear, supporting further exploration.

Patriot Resources has expanded its silver-gold footprint in southern Peru by staking the Tassa 5 tenement, increasing its landholding by 50% and pushing the mineralised corridor further south adjacent to its 31.4Moz AgEq inferred resource.

Godolphin Resources intensifies exploration at Mt Aubrey and Copper Hill East, leveraging a streamlined portfolio and a strategic pivot to precious and base metals in NSW’s Lachlan Fold Belt.

Nex Metals has advanced its Kookynie Tailings Project metallurgical testing, lifting gold recovery significantly and uncovering a promising tungsten by-product opportunity.

Ausmon Resources has kicked off soil sampling over a 341 km2 tenement near Broken Hill, targeting base metals along key shear zones with initial pXRF screening guiding laboratory assays.

Kali Metals has uncovered a substantial tin-tungsten mineralised system at its Mt Cudgewa Prospect in Victoria, with rock-chip assays up to 6% SnO2. The discovery advances exploration at the Tallangatta Project towards maiden drilling.

Godolphin Resources has unveiled a significant polymetallic sulphide discovery at Cousin Jack within its Lewis Ponds Project, alongside progressing an IPO to spin out its Narraburra Rare Earths asset into Matrix Critical Minerals.

Verity Resources has lifted its Monument Gold Project’s geological confidence by delivering a maiden Indicated Mineral Resource of 66,200 ounces and reported exceptional 97% gold recoveries at Waihi, underpinning development plans.

Vantage Metals (ASX: VAN) has kicked off drilling at its Kalahari Copper Project in Botswana following a comprehensive airborne electromagnetic survey, while high-grade polymetallic assays emerge from its Argentine TMT Project. The company also raised A$6 million from strategic investors and rebranded from BRX to VAN.

Nex Metals Explorations reports metallurgical test results confirming ~1 g/t gold grades at its Kookynie Tailings Project, alongside the unexpected identification of scheelite, a tungsten mineral, as a potential byproduct.

Dreadnought Resources is progressing its Star of Mangaroon open pit towards production while nearly doubling high-grade gold resources at Metzke’s Find. The company also extends critical metals potential with strong niobium and rare earth intercepts at Mangaroon.