Latest Mining Exploration News

Empire Resources has reported promising drill results from its Yuinmery Copper-Gold Project, revealing high-grade mineralisation and new gold prospects, while awaiting assay results from Pennys Gold drilling.

Adelong Gold Limited reports promising visible gold intersections at its Lauriston project, progresses exploration at Apollo with strong soil assays, and strategically exits its Challenger Mines joint venture to sharpen focus on Victorian assets.

Platina Resources has significantly broadened its Laverton exploration footprint through conditional acquisitions and reported encouraging maiden drilling results at its Mt McKenna Project, while bolstering its financial position.

Metal Bank Limited ended December 2025 with nearly $2 million in cash and has since bolstered its liquidity through a significant asset sale and share placement. These moves position the company for sustained exploration activity amid cautious operating cash flows.

Trek Metals has announced a breakthrough high-grade manganese discovery at its Christmas Creek Project in Western Australia, with rock chip assays reaching up to 60.1% manganese. A major drilling campaign is planned for early 2026 to explore the full potential of this promising find.

Magnetic Resources NL has strengthened its financial position with a significant equity raise, ending December 2025 with a robust cash balance of $35.4 million. Despite ongoing exploration expenses, the company’s funding runway now extends beyond 18 quarters.

Tesoro Gold Limited ended December 2025 with a strong cash position of AUD 29.2 million, supporting more than four quarters of exploration and operating activities. The company’s latest cash flow report reveals steady financing inflows amid ongoing investment in its gold exploration projects.

Iltani Resources has announced a maiden JORC Mineral Resource Estimate for its Orient East Silver-Indium deposit, alongside a significant $8 million investment from Queensland Investment Corporation’s Critical Minerals Fund to accelerate project development.

iTech Minerals reports significant gold and antimony intersections from recent drilling at Reynolds Range, Northern Territory, alongside a new magnetic survey expanding exploration targets.

Cygnus Metals reports robust high-grade drill results outside its existing resource at the Chibougamau Copper-Gold Project, driving a 29% increase in global resource and advancing economic studies.

Prospect Resources has completed its Phase 2 drilling at the Mumbezhi Copper Project in Zambia, revealing extended copper mineralisation and significant gold by-product potential. The company is well-funded and poised for updated resource estimates in early 2026.

Canadian Phosphate Limited reported a solid cash position of AUD 2.44 million at the end of December 2025, supported by financing activities and ongoing preparations for bulk sample mining in Canada.