Latest Resource Exploration News

Kore Potash made steady progress on its Kola Potash Project in Q1 2026, completing key marine and topographic studies while navigating design revisions and ongoing financing talks. The company’s formal sale process continues with one bidder remaining active and cash reserves at US$8.3 million.

Kaili Resources has reported encouraging rare earth element assay results from its South Australian tenements, particularly within the Coodalya Mallee Project, while securing extended related-party financing to support ongoing exploration.

Kingfisher Mining has confirmed high-grade copper-gold mineralisation at Copper Blow, secured a processing deal with Broken Hill Mines, and completed its Gascoyne REE divestment, sharpening its NSW focus.

Power Minerals has sealed its acquisition of the Morro do Ferro Rare Earths Project, a high-grade rare earth asset in Brazil, setting the stage for accelerated exploration and resource definition.

Patriot Resources has dramatically expanded the Exploration Target at its Tassa Silver & Gold Project in Peru to between 559Moz and 774Moz silver equivalent, positioning it among the world’s largest undeveloped silver systems. A 4,000m drilling campaign is planned to convert this target into a formal Mineral Resource.

Yandal Resources has commissioned a new exploration camp enabling a large-scale drilling campaign at its Ironstone Well-Barwidgee Gold Project. Recent results confirm a continuous mineralised system at Arrakis and high-grade gold at New England Granite, underpinning an ambitious 30,000m program for H1 2026.

Cooper Metals has swapped its Oorindi Project for the Pyramid Gold Project in North Queensland, a high-grade gold asset in the prolific Drummond Basin. The company plans immediate exploration and a $979,500 capital raise to fund drilling and technical expansion.

Argent Minerals (ASX: ARD) has announced Managing Director Pedro Kastellorizos will step down in mid-June, with a leadership transition underway. The company remains focused on advancing its Kempfield Silver Project and exploration activities.

Ardea Resources has successfully raised $340,000 through a Shareholder Purchase Plan following a $5 million placement, demonstrating shareholder confidence despite ongoing geopolitical tensions.

MinRex Resources has received final court approval for its merger with Canadian explorer Electrum Discovery, setting the stage for a significant expansion beyond Australia. The deal is on track to complete in early April, promising to diversify MinRex’s portfolio with new projects in Serbia.

AIC Mines has launched an ambitious 2026 drilling campaign targeting 12 prospects near its Eloise copper mine, aiming to uncover transformational copper and gold deposits to boost production.

DGR Global has received $45 million from the first tranche of its Solgold share sale settlement, with a second tranche expected soon. The company is now evaluating how best to deploy these significant funds.