Latest Prospective Resources News

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.

Carnarvon Energy advances its Bedout Sub-basin exploration with a major drilling campaign planned for early 2027, while maintaining a robust financial position and strategic investment in Strike Energy.

Condor Energy Limited has advanced its offshore Peru portfolio with a new high-potential oil prospect and a strategic gas offtake agreement, positioning itself for future commercialisation in a promising basin.

Ariana Resources has reported promising assay results from its latest drilling campaign at the Tavşan Mine in Türkiye, revealing significant gold and silver intercepts that point to resource expansion and enhanced project longevity.

Prospect Resources has confirmed significant gold by-product mineralisation at its Nyungu Central deposit, potentially boosting the economics of the Mumbezhi Copper Project in Zambia. Updated resource estimates incorporating these findings are expected in Q1 2026.

Nova Minerals’ 2025 drilling at the RPM North deposit in Alaska confirms significant eastern extensions and broad near-surface gold zones, underpinning potential resource upgrades ahead of a key Pre-Feasibility Study.

Lion Energy has struck a pivotal farm-out deal with OPIC, securing 88% funding for its 2026 Bula Karang exploration well in Indonesia’s East Seram PSC, significantly reducing its financial exposure while retaining substantial upside.

ADX Energy Ltd is gearing up to resume flow testing at its Welchau-1 well in February 2026 and plans to drill three additional shallow gas wells in Upper Austria, targeting a combined prospective resource of 8.0 BCF.

Emperor Energy appoints Tim Handley as Managing Director to spearhead the Judith Gas Field's next phase, including the critical Judith-2 appraisal well planned for Q3 2026.

Far East Gold has confirmed and extended high-grade gold mineralisation at its Sua prospect in Papua, Indonesia, with recent drill results revealing new bonanza-grade zones and promising resource potential.

3D Energi has commenced drilling the Charlemont-1 gas exploration well offshore Victoria, targeting a substantial 93 billion cubic feet of gas with promising geological indicators. This marks a key step in the Otway Exploration Drilling Program aimed at bolstering East Coast gas supplies.

Prospect Resources has revealed promising Phase 2 drilling results at its Mumbezhi Copper Project in Zambia, highlighting new high-grade copper mineralisation zones and setting the stage for updated resource estimates in early 2026.