Latest Minerals Exploration News

Minerals Exploration Limited has reported rock chip assays with gold grades up to 37.4 g/t and tungsten up to 2.63% at its Glenorchy Tungsten Project in Otago, New Zealand. The company plans a maiden drilling program in late 2026, pending regulatory approvals.

Ozz Resources reported a $1.06 million loss for FY2025, deepening net liabilities and maintaining voluntary ASX suspension while advancing key exploration projects in Western Australia.

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.

Cygnus Metals has lodged its draft scheme booklet with ASIC, moving closer to a planned acquisition by Central Asia Metals. Regulatory approvals in North Macedonia are complete, with Kazakhstan clearance still pending.

Lightning Minerals has executed a strategic reset focusing on Australian gold and critical minerals, securing $1.85 million to accelerate exploration at its flagship Mt Turner and Warby Tungsten projects. Key technical milestones include an independent petrology study validating Mt Turner's gold system and promising tungsten assay results at Warby.

Miramar Resources has doubled its gold Exploration Target at the Gidji JV near Kalgoorlie and completed its first drilling program at Chain Pool in over 60 years, while finalising the sale of Randalls Project and securing government grants to fund ongoing exploration.

Metals Australia has reported maiden ore reserves and strong economic studies for its Lac Carheil Graphite Project in Quebec, with a combined after-tax NPV of AUD 2.56 billion, positioning the company for a strategic revaluation as it advances feasibility studies.

Metal Bank is pushing its Western Australian gold projects closer to production while expanding critical minerals exploration in Queensland, supported by a $1.2 million placement.

Minerals Exploration Limited has completed its first phase of diamond drilling at the historic Jubilee Gold Mine within the Waitekauri Gold Project, confirming multiple quartz-mineralised zones and exceptional high-grade rock chip assays. Exploration continues with promising results at the Invincible Gold and Glenorchy Tungsten projects.

Santana Minerals has reported exceptional high-grade gold intercepts from infill drilling at its Rise and Shine orebody, including a standout 24.4m at 10.9 g/t Au and a deeper 2m section grading 89.5 g/t Au. These results enhance confidence in the deposit’s grade model and the upcoming mining schedule.

Omnia Metals has delivered its first geochemical results from Montana projects, highlighting a standout 209 ppm niobium rock sample at Radix and antimony up to 16 ppm at Stibnite Ridge amid a reduced tenure position.

Manhattan Gold Corporation has kicked off its first modern drilling in over 30 years at Nunavut’s Hook Lake Project, backed by expanded mineral rights and promising high-grade gold assays from surface sampling.