Latest Metals Exploration News

Dalaroo Metals has moved from a Western Australian base-metals explorer into a three-country gold and critical-minerals play, but its next phase depends on drilling success and continued access to capital. The annual report records a $2.63 million loss, $509,442 in year-end cash and a material uncertainty over going concern.

Nex Metals returned to profit in FY2026 after selling its remaining Arika joint venture interest, but the gain did not resolve its underlying funding pressure. The company ended the year with $422,452 in cash, net liabilities of $471,232 and a material uncertainty over its ability to continue as a going concern.

Brightstar Resources will pay A$350,000 for five Panther Metals exploration licences beside its Laverton processing plant, securing ground needed for haul roads, water infrastructure and future tailings capacity. A separate, non-binding deal could also bring Panther’s Burtville East ore through the plant under a 50:50 net proceeds arrangement.

Talonx Resources has identified copper and broader base-metal exploration potential across its 1,000km² Kihabe Project in Botswana, supported by historical copper intersections and established zinc-lead-silver resources. The immediate task is to turn an exploration thesis into drill-ready targets, with no new drilling or copper resource reported in the announcement.

Dundas Minerals (ASX:DUN) posted a $5.05 million net loss for FY2026 while advancing its Western Australian gold projects and refreshing its leadership team.

Nex Metals Explorations and Wangkatja Tjungula Aboriginal Corporation have significantly enlarged their East Scotia Gold Project in Western Australia, submitting four new exploration licence applications that boost the project area to approximately 873.1 square kilometres.

Tribeca Global Natural Resources Limited posted a remarkable $75.9 million profit after tax for FY26, driven by strong precious and base metals performance, and declared a fully franked final dividend of 10 cents per share.

Green & Gold Minerals posted a $886,828 loss for FY2026 amid a transformative year marked by its ASX listing and expansion into base metals exploration with the Herberton acquisition.

Strata Investment Holdings delivered a £16.48 million comprehensive profit for H1 2026, driven by a strong revaluation of its investment portfolio and maiden royalty income from Botswana copper assets.

Golden Deeps has kicked off a deeper diamond drilling program at its Graceland discovery in Namibia, aiming to test high-grade copper-silver-zinc-lead-germanium sulphide zones analogous to the world-class Tsumeb deposit. Recent shallow drilling confirmed continuity of exceptional grades, underpinning the exploration push.

Nex Metals and its Aboriginal partner WTAC have applied for a 100ha lease to build processing infrastructure for the Kookynie Tailings Project, while metallurgical tests show promising gold recovery rates and potential tungsten by-product.

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.