Latest Mining Exploration News

Megado Minerals has unveiled compelling magnetic survey results at its Alpartir Silver-Copper-Antimony Project in northern Spain, setting the stage for systematic exploration and drilling pending shareholder approval.

Galileo Mining has pinpointed a new drill target at its Norseman project, just 2km from the Callisto resource, following rock chip samples grading up to 1.87 g/t combined palladium, platinum and gold. An aircore drilling program is planned to test the untested mineralised zone beneath outcrop.

Polymetals Resources continues to confirm substantial high-grade silver-lead-zinc mineralisation at the Endeavor Mine's upper Main Lode, progressing towards a new Mineral Resource estimate.

Mantle Minerals has secured a key exploration licence and acquired an adjoining tenement application, strengthening its Carlton Hill Project in WA, while advancing drilling plans at Yule River amid ongoing native title talks.

Kingston Resources has closed its $8.47 million entitlement offer, raising less than half the targeted shares and leaving a substantial shortfall to be allocated by underwriters.

Alkane Resources capped FY26 with record production of 168,337 gold equivalent ounces and $174 million in quarterly cash flow, announcing a maiden fully franked dividend and setting robust FY27 guidance.

Stavely Minerals advances its Freddy’s Find gold-silver discovery with deep diamond drilling confirming low-sulphidation epithermal mineralisation, while its Thursday’s Gossan and Cayley Lode copper-gold-silver Scoping Study enters final documentation.

Lion Rock Minerals has launched a significant drilling campaign targeting a large monazite-rich rare earth system at its Minta Est tenement, complementing its expanding rutile discoveries. The 118-hole program aims to validate high-grade shallow mineralisation with assay results expected in August 2026.

Gold Mountain’s latest metallurgical tests from its Capivara Prospect in Brazil reveal promising ionic adsorption clay rare earth mineralisation, with extraction rates nearing 66%. New targets at Irajuba add to the project’s expanding footprint.

Lodestar Minerals has responded to an ASX query over the late filing of director interest notices, attributing the delay to an administrative oversight during an option conversion process. The company has updated its procedures to prevent future lapses.

Perseus Mining is ramping up underground production and expanding its resource base at the Yaouré Gold Mine in Côte d’Ivoire, supported by a $34 million FY27 drilling program aimed at extending mine life and boosting mineral resources.

Flynn Gold’s 2026 drilling at Firetower confirms high-grade polymetallic mineralisation extending at least 80 metres deeper than previous drilling, with copper grades adding new value potential.