Latest Mineral Exploration News

Industrial Minerals Ltd has finalised its takeover of Galleon Metals, adding a 205km² gold exploration portfolio in WA’s Eastern Goldfields. The company also announced key board appointments, including a new Managing Director with direct Laverton expertise.

Tivan has secured all necessary regulatory and heritage clearances to launch a maiden drilling campaign at Walshy’s Wall, a promising manganese-barite gossan with high-grade fluorite and polymetallic potential in the Northern Territory.

Anson Resources has confirmed a 2,500-metre extension of uranium-vanadium mineralization at its Yellow Cat Project in Utah, with assay results indicating proximity to high-grade zones. Phase 2 drilling and environmental surveys are underway to upgrade a historical resource to JORC 2012 standards.

North Stawell Minerals has pushed its high-grade gold footprint at Darlington further north, intersecting 0.4m at 17.1 g/t Au over 70m beyond previous results, reinforcing the prospect’s likeness to the nearby Stawell Gold Mine.

Coppermoly Limited’s Managing Director and CEO Dickson Leah has resigned immediately, prompting a board-led strategic review focused on short-term shareholder value amid ongoing exploration and acquisitions.

Sierra Nevada Gold’s initial drilling at As Safra in Saudi Arabia reveals a substantial copper mineralised system over 800m strike, with multiple mineralisation styles and a vast district-scale potential. A major Phase 2 drilling campaign is set to commence within six weeks.

Olympio Metals is set to acquire an 80% stake in the Jacknife High-Grade Silver Project in Idaho, leveraging patented mining claims and a local partner to accelerate exploration in a historically prolific silver district.

CZR Resources Ltd (ASX:CZR) has launched an all-scrip off-market takeover bid for Zuleika Gold Limited (ASX:ZAG), offering 0.1742 CZR shares per Zuleika share, valuing Zuleika at approximately $44.8 million and representing a premium of over 40% to recent prices.

Westgold Resources has declared a maiden Ore Reserve of 1.1 million ounces at its Fletcher deposit, marking a significant 30% increase in total Mineral Resources at Beta Hunt and advancing plans for a 4Mtpa processing expansion.

Impact Minerals (ASX:IPT) has initiated a renounceable pro-rata entitlement offer to raise up to $4.13 million at $0.032 per share, with two free attaching options for every three new shares. The partially underwritten raise aims to fund exploration and development across its key projects including High Purity Alumina.

Temas Resources posted a CAD 2.63 million loss for H1 2026, driven by ramped-up exploration and RCL technology development, while securing $1.5 million in fresh funding and signing initial RCL licensing contracts.

Heavy Rare Earths Limited has updated key dates for its non-renounceable entitlement offer aimed at raising $728,119 before costs, adjusting the ex-date and record date among other milestones.