Latest Mining Exploration News

Australian Gold and Copper Ltd (ASX: AGC) pushed mineralisation at Achilles beyond 540m, kicked off maiden resource drilling at Browns-Evergreen, and secured the drill-ready Junee Gold Project, supported by a $5 million placement and a near $1 million R&D refund.

Breakthrough Minerals has delivered promising assay results from its maiden drilling at Barbara, underpinning resource growth potential, while launching a new drilling campaign at Hazel Creek and securing A$5.15 million to fund an expanded exploration push.

Tasman Resources is gearing up for dual drilling campaigns at Lake Torrens and Parkinson Dam, supported by a recent $4 million placement and strategic asset sales.

Noronex Limited has struck a deal to acquire the Sleitat Tin Project in Alaska, marking a rare US tin opportunity, while pushing forward with copper and uranium exploration programs in Africa backed by South32.

Regis Resources capped FY26 with production at the top end of guidance and a record cash position, setting the stage for higher output in FY27 alongside a reinstated 1.89Moz Ore Reserve at McPhillamys.

Nelson Resources has kicked off underground drilling at its high-grade Orleans Mine while advancing rehabilitation at Great Western Mine and securing a strategic tungsten property adjacent to a major US project. Exploration spending reached $794k, supported by a $2.1 million cash buffer.

Tanami Gold has secured $70.5 million through a fully underwritten rights issue to fund its Central Tanami Project development, including a major underground decline and resumed drilling at Jims Gold Mine.

Trek Metals has confirmed that Induced Polarisation (IP) surveying effectively targets concealed manganese mineralisation at its Kuro prospect, with visual manganese found in 43 of 51 recent drill holes. The company also identified a strong IP anomaly at the Coogan copper-gold prospect, planning four drill holes to test it.

Dalaroo Metals' latest geophysical surveys reveal extensive sediment depths and new exploration targets at Blue Lagoon, significantly enlarging the project's rare earth system in southern Greenland.

Miramar Resources has delivered auger drilling results at its Joy Helen prospect that bolster the case for deeper bedrock drilling, revealing copper-lead anomalies and large alteration halos indicative of a potentially substantial SEDEX-style deposit.

NewPeak Metals has completed the initial phase of its capital raising, issuing nearly 50 million shares for $0.64 million. A shareholder meeting is scheduled for August to approve a further $2.86 million conditional placement.

Unico Silver has reported continued high-grade drill success at its Joaquin Project, pushing mineralisation beyond existing resources while advancing its Pre-Feasibility Study and securing key land holdings.