Latest Mining And Exploration News

Magnum Mining and Exploration has verified exceptionally high-grade gold assays up to 178 g/t Au at its Red Breccia target within the Parker Project, Arizona, reinforcing it as a priority drill target alongside Eagle Nest and NSW Detachment. The company is progressing drill permitting with first-pass drilling planned upon approval.

Mammoth Minerals Limited has reported the identification of several high-grade gold and critical mineral targets at its Excelsior Project in Nevada following a comprehensive 2025 rock chip sampling and mapping program. The company is advancing multiple prospects towards drill readiness with ongoing exploration activities.

Lefroy Exploration Limited (ASX: LEX) reports encouraging grade control drilling results and successful initial gold production from its Lucky Strike Gold Mine in Western Australia, supporting resource growth and ongoing mining operations.

Broken Hill Mines Limited (ASX: BHM) has reported significant production increases at its Rasp silver-lead-zinc mine for the March 2026 quarter and secured a long-term renewal of its Consolidated Mining Lease 7, extending operational rights to 2047.

BMG Resources has commenced diamond drilling as part of a 10,000m program at its Abercromby Gold Project in WA, aiming to expand its 518,000oz gold resource. Results are expected within weeks, alongside a near-complete scoping study that could pave the way for near-term production.

Lunnon Metals reports steady progress at its Lady Herial gold mine alongside the discovery of a new gold-bearing structure northwest of the site, highlighting promising potential for future underground mining.

Pure Resources has launched a cutting-edge research collaboration with Rice University to develop carbon nanotube fibre thermal management systems, leveraging graphite from its Garnet Hills Project. The initiative is backed by a $3 million equity raise to fund exploration and downstream material innovation.

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.