Latest Resource Discovery News

Great Western Exploration is set to begin drilling nine copper-gold targets in the Yerrida Basin, backed by a $3.75 million capital raise and strong cash reserves. The campaign kicks off mid-April at the Oval target, which shows promising geological parallels to the nearby DeGrussa deposit.

Empire Resources has completed the second tranche of its share placement, raising nearly A$2 million following shareholder approval. This capital boost supports the company’s ongoing exploration ambitions in Western Australia’s gold and copper sectors.

Heavy Rare Earths Limited has confirmed the presence of valuable rare earth minerals Monazite and Xenotime at its Radium Hill Project, signalling new potential beyond historic uranium mining.

Forte Energy has emerged as the highest bidder for two promising oil and gas leases adjacent to its Umiat field in Alaska, leveraging existing seismic data to target significant resource potential.

Manhattan Gold Corporation has successfully raised A$3 million through an oversubscribed placement, setting the stage for a pivotal drill campaign at its Hook Lake project in Canada.

OZZ Resources Limited has announced a fully underwritten entitlement offer to raise approximately $1.07 million, aiming to convert debt and fund project opportunities while addressing its ongoing ASX suspension. The offer carries significant risks including potential dilution and the threat of delisting if compliance is not met by June 2026.

Ora Banda Mining has significantly expanded its Little Gem gold prospect, discovering a new mineralised Sapphire Trend and extending known mineralisation over 1,500 metres strike and 750 metres depth. High-grade drill results underpin expectations for a maiden resource estimate later this year.

Advanced Braking Technology Ltd reported a robust 27.2% revenue increase and a 61.6% rise in net profit for H1 2026, driven by strong international sales and progress in autonomous braking technology.

Black Cat Syndicate’s latest drilling at Mt Clement confirms strong, high-grade antimony mineralisation extending beyond current resources, advancing the project towards a pivotal economic study.

Grand Gulf Energy has resumed trading on the ASX following a pivotal announcement securing new exploration rights alongside a fresh capital raising initiative.

Tempest Minerals advances its exploration portfolio with a binding $4.5 million sale of the Yalgoo Project to Capricorn Metals and reports encouraging gold intercepts at its Range Project.

TechGen Metals has reported significant exploration advances with new high-grade copper and gold targets across multiple projects, supported by a recent $1.2 million placement that strengthens its position for an active 2026 drilling campaign.