Latest Mining Exploration News

AusQuest has confirmed a vast copper-gold system at its Cangallo project in Peru, revealing broad mineralisation and multiple higher-grade zones. Meanwhile, exploration momentum continues in Australia under a South32 alliance, with key drilling programs poised to start.

Power Minerals confirms exceptionally high-grade rare earth oxide assays at its newly acquired Morro do Ferro Project in Brazil, validating historical data and setting the stage for aggressive drilling and resource definition.

European Resources has more than doubled its Korsnäs rare earth resource following a successful drilling program and metallurgical advances, underpinning a $3.4 million capital raise to fund further development.

Bayan Mining and Minerals delivers strong rare earth assay results from its Desert Star project, advances permitting and drill planning at Bayan Springs South, and strengthens its leadership and strategic positioning.

Kingfisher Mining has confirmed high-grade copper-gold mineralisation at Copper Blow, secured a processing deal with Broken Hill Mines, and completed its Gascoyne REE divestment, sharpening its NSW focus.

Antipa Minerals completed its CY2025 drilling program at the Minyari Gold-Copper Project, revealing new high-grade zones and boosting its Mineral Resource Estimate to 3.6 million ounces gold equivalent. The company is progressing its Pre-Feasibility Study and has commenced a major new drilling campaign, supported by a strong cash position.

Kuniko Limited has launched a prospectus offering over 51 million new options following a $3.75 million share placement, aiming to facilitate secondary trading and potential future capital raising through option exercises.

Sentinel Metals is poised to launch its maiden drilling campaign at the Columbia Gold-Silver Project in Montana, pending final regulatory approval. The company also bolsters its local engagement with a strategic executive hire and advances environmental studies.

Green & Gold Minerals (ASX: GG1) is gearing up to drill at its Copper Hills project in Queensland after releasing historic and new data showing high-grade copper, silver, and indium mineralisation. The Herberton Conductor Metals Project is shaping as a polymetallic hotspot with potential ties to electrification and AI sectors.

Cooper Metals has completed all regulatory approvals for a ~1,400m RC drill program at Ardmore North, targeting Q2 2026 commencement. The company also executed a strategic asset swap to acquire the Pyramid Gold Project, backed by a nearly $1 million placement.

Duketon Mining has kicked off its maiden drilling program at the Barlee Gold Project, targeting multiple large gold anomalies, while reporting a combined nickel resource exceeding 100,000 tonnes across its Rosie and C2 deposits.

Australasian Metals continues to build on its Queensland gold assets with a new exploration permit application and ongoing drill planning at May Queen, while holding a solid cash reserve of $2.46 million and progressing lithium project discussions.