Latest Metals Exploration News

Iltani Resources has reported compelling assay results from its recent drilling at the Orient Silver-Indium Project, revealing significant silver-equivalent mineralisation that may connect the previously separate Orient West and East resources. The company is advancing with further geophysical surveys and drilling to expand and define this promising zone.

Octava Minerals has verified high-grade indium mineralisation up to 860ppm at its Sweeney’s prospect in Tasmania, with diamond drilling about to commence following promising geophysical survey results.

Bubalus Resources reports significant high-grade gallium, manganese, and cobalt assays from its Amadeus Project, while preparations for maiden drilling at Nolan’s East advance with key approvals secured.

Askari Metals has successfully closed an oversubscribed rights issue raising approximately $1.6 million to accelerate exploration at its promising Nejo Gold and Copper Project in Ethiopia and the Uis Project in Namibia.

Australian Gold and Copper Ltd has reported compelling high-grade gold and silver mineralisation near surface at its Achilles deposit in NSW, highlighting a 150m long oxide zone with promising exploration upside.

Magmatic Resources has launched a $3.5 million exploration drilling program at its Myall FJVA Project in partnership with Fortescue, targeting promising gold-copper porphyry deposits. The program includes both aircore and diamond drilling, alongside a geophysical survey, with initial results expected in early 2026.

Venari Minerals reports robust lithium assay results from two drill holes at its Red Mountain project in Nevada, setting the stage for a maiden resource estimate and a wave of upcoming news.

Marimaca Copper Corp. reports a robust working capital position supported by recent capital raises, while managing a complex receivable linked to a liquidation process. The company remains well-positioned to fund operations over the next year but faces uncertainties beyond that horizon.

Celsius Resources has raised £0.53 million through a share placement on AIM, providing essential working capital as it progresses feasibility studies and financing for its MCB Project.

Mount Hope Mining has completed Phase 1 drilling at its Mt Solitary gold target with promising results and is set to begin Phase 2 drilling, while advancing a broader portfolio of base metal prospects and regional land acquisitions in the prolific Cobar Basin.

Reward Minerals has signed a binding Letter of Intent to acquire the Copper Lance Project in Newfoundland, a promising volcanogenic massive sulphide deposit with historic high-grade copper and silver results. The company plans to fast-track exploration to unlock value in this underexplored Canadian terrane.

Tali Resources has advanced its exploration in the underexplored West Arunta region, focusing on copper and critical minerals, with key drilling results expected in December 2025. The company’s significant landholding and strong local partnerships position it well in Australia’s emerging mineral province.