Latest Regional Exploration News

Havilah Resources has locked in a $105 million upfront payment from Sandfire Resources for the Kalkaroo project and signed a binding farm-in agreement with Hillgrove Resources for Mutooroo, while gearing up for regional drilling in South Australia’s Curnamona Province.

Golden Horse Minerals has revealed high-grade gold mineralisation extending over 3km at its Hopes Hill deposit, with recent drilling hitting standout intercepts including 12m at 7.0 g/t Au from 278m. The company is pressing ahead with an aggressive multi-rig 2026 drilling program to expand and refine the resource.

Kuniko Limited has wrapped its Phase 1 diamond drilling at the Commonwealth-Silica Hill project in NSW, revealing robust gold, silver, and base metal grades. The company is gearing up for a more expansive Phase 2 drilling campaign starting in July to test extensions and new targets within this prolific polymetallic system.

Hillgrove Resources detailed its 2026 growth strategy at the AGM, highlighting a copper production increase, exploration advances, and a farm-in deal at Mutooroo to leverage existing infrastructure amid a tightening global copper market.

Independent analysis by the University of Tasmania’s CODES endorses Right Resources’ Pilot Project as a Reduced Intrusion-Related Gold System, highlighting significant gold and tungsten prospectivity in Tumbarumba, NSW.

Revolver Resources has secured critical contracts and completed infrastructure upgrades at its Dianne Copper Mine Project, moving closer to a Final Investment Decision and first copper output within a year.

MetalsGrove Mining has identified extensive gold anomalous trends spanning 18km at its Zuénoula permit, setting the stage for multiple drill targets as soil sampling and assay results advance.

Right Resources has identified a significant high-grade tungsten system at its Blue Prospect in NSW, with rock chip assays reaching 4.3% WO3 and a large soil anomaly still open in all directions.

Advance Metals Limited (ASX:AVM) is acquiring the remaining 20% of its Myrtleford and Beaufort gold projects, moving to 100% ownership following a string of high-grade drill results and promising metallurgical recoveries at Happy Valley.

Belararox Limited has confirmed additional high-grade silver, copper, and zinc mineralisation at its Toro Central prospect in Argentina, with narrow but rich intercepts from recent diamond drilling. The company is refining its structural understanding to guide an expanded 2026/2027 exploration campaign.

Ballard Mining's March quarter update reveals a robust 1.2 million ounce gold resource at Mt Ida and a healthy $75.6 million cash position, setting the stage for a Final Investment Decision in H1 2027.

Wia Gold has raised A$92 million through a heavily supported placement to accelerate development of its Kokoseb Gold Project in Namibia, underpinning progress towards a Definitive Feasibility Study due later this year.