Latest Regional Exploration News

Wildcat Resources has secured firm commitments for a A$60 million institutional placement to push Tabba Tabba into engineering, site establishment and construction readiness ahead of a definitive feasibility study targeted for later in 2026. The raise strengthens funding, but part of the share issue still requires shareholder approval and the financing does not establish a final investment decision.

Metal Hawk has secured $1.2 million from sophisticated investors as RC drilling begins at the Numbat lode in Western Australia. The campaign will test whether the company’s strongest Leinster South gold intercept extends along strike and at depth.

VHM has taken Goschen from a permitted project to a more financeable development, with Iluka committing to buy all planned rare earth concentrate and providing A$40 million in convertible note funding. The company remains pre-revenue, has not made a Final Investment Decision and will need further funding before construction can begin.

Gateway Mining has secured firm commitments for a A$45 million placement, including A$20 million from Jupiter Asset Management, to fund an aggressive exploration campaign at its Yandal Gold Project. The raising follows a high-grade Cowza result and will issue 562.5 million new shares at a discount to market.

West Coast Silver has completed the main tranche of its A$6.0 million placement, raising A$5.92 million before costs for drilling, technical studies and resource updates at Elizabeth Hill. A final A$80,000 director tranche still requires shareholder approval.

Forrestania Resources has vaulted into a new league with a global gold resource exceeding 2 million ounces following its acquisition of the Edna May Gold Project, which brings significant processing infrastructure and development potential.

Forrestania Resources has finalized its A$300 million acquisition of the Edna May Gold Project from Ramelius, adding a second processing hub in Western Australia and advancing its goal to become a major gold producer.

Koonenberry Gold has identified compelling drill-ready copper and gold targets at its Wilga Flats Project near Evolution Mining’s Cowal Gold Mine, with drilling set to begin after Dunedoo operations conclude.

FireFly Metals has raised approximately A$180 million through a dual-market equity raising to accelerate development of its Green Bay Copper-Gold Project in Newfoundland, Canada.

True North Copper is expanding its Mt Oxide copper district with the Aquila-Chidna discovery now stretching over 2.3km, while progressing a prefeasibility study at Cloncurry due late 2026.

Kantra Copper (ASX:KAN) showcased a robust growth strategy at the Copper to the World Conference, spotlighting its Kanmantoo mine extension, Emily Star development, and advancing exploration projects. The company maintains strong production guidance and financial health amid a tightening copper market.

True North Copper (ASX:TNC) has expanded its Mt Oxide copper-cobalt-silver system to a 2.3km strike length, unveiling a new ~300m wide mineralised zone at Chidna alongside multiple high-grade shoots at Aquila.