Latest Mining And Exploration News

Hawk Resources has secured an option to acquire up to 80% of the Meerkat Copper Project in Arizona, positioning itself within a world-class copper belt. The move aligns with Hawk’s strategy to build a US copper portfolio with near-term value catalysts.

Variscan Mines announces the resignation of CEO Stewart Dickson and the appointment of Tom Kent as executive director, signaling a strategic shift following the San Jose Mine Restart Study.

Middle Island Resources has launched a major 2026 exploration campaign at its Bobija Project in Serbia, initiating Phase 2 drilling and extensive soil sampling to expand on promising late 2025 results.

Variscan Mines’ Scoping Study for the San José Mine restart in Spain reveals strong economics, low upfront capital, and an 11-year mine life, setting the stage for zinc and lead production from 2028.

Mantle Minerals has identified nine priority drill targets at its Yule River Project following detailed gravity and passive seismic surveys, setting the stage for a planned drilling campaign in the second quarter of 2026.

Moho Resources has expanded its Bush Chook Gold Project with a new high-grade gold-antimony mine acquisition, setting the stage for a significant 5,000m drilling campaign in May.

Magnum Mining and Exploration Limited has reported outstanding high-grade gold and copper assay results from its 2026 surface geochemical program at the Parker Project in Arizona, confirming extensive mineralised corridors and setting the stage for imminent drilling.

Desert Minerals has launched a targeted drilling campaign at its Scotty Lithium Project in Nevada, aiming to define near-surface lithium mineralisation and support a maiden resource estimate. The project sits in a prolific lithium district adjacent to one of North America’s largest lithium deposits.

Legend Mining has expanded a significant geophysical anomaly at its Pyrophyllite Hill prospect, highlighting a promising new drill target within the Pinnacle Well Project in Western Australia.

Impact Minerals has identified substantial sulphate clay deposits at its Salmon Gums Project, defining an Exploration Target of up to 4.3 million tonnes with significant potash content, advancing plans for fertiliser and acid production.

Magnum Mining and Exploration is set to launch a substantial 10,000-metre auger drilling program at its Piracanjuba prospect in Brazil, aiming to define a maiden resource for its promising ionic adsorption clay rare earth element deposit.

Lion Selection Group Limited has reported a robust half-year profit of $36.6 million, driven by strategic investments in Australian mining companies amid a resurging resources boom. The company also declared a fully franked dividend, signalling confidence in its portfolio and market outlook.