Latest Resources Exploration News

Chariot Resources Ltd has voluntarily suspended trading on the ASX as it finalises a significant financing arrangement, with an announcement expected by 20 February 2026.

Latitude 66 Limited has launched a significant Phase 2 drilling program at its Laverton Gold Project, aiming to build on promising initial results and expand its gold resources. The campaign targets high-grade zones at Red Dog and Tin Dog, with assay results expected in Q2 2026.

Benz Mining Corp is set to accelerate exploration at its Glenburgh Gold Project with over 250,000 metres of drilling planned in 2026, backed by a strong A$94 million cash position. The company’s geological work has redefined Glenburgh into a district-scale system with three major gold camps, including a newly identified growth front.

GreenTech Metals has appointed James Rattenbury as CEO to spearhead development of its Munni Munni platinum group metals project, signalling a strategic push in the West Pilbara mining hub.

Santa Fe Minerals has initiated a significant drilling campaign at its Satama Gold prospect, aiming to define a JORC resource across a 2.5km strike length. The program combines diamond and reverse circulation drilling to test promising gold lodes at depth and along strike.

Tempest Minerals has completed the sale of its Yalgoo Project to Capricorn Metals for $4.5 million in cash and shares, while retaining key iron ore rights. The deal includes potential milestone payments tied to future gold discoveries and mining progress.

Magnetite Mines has secured all necessary permits to commence drilling at its Ironback Hill Rare Earth Element Project, aiming to expand on promising mineralisation discovered last year.

Kuniko Limited has identified multiple walk-up drill targets at its Gladstone West prospect in NSW, supported by strong gold-silver soil geochemistry and high-grade rock-chip results. Concurrently, Phase 1 drilling is underway at the Commonwealth Project, aiming to extend known mineralisation within a district-scale system.

The week was split between big earnings reactions and small-cap rocks-and-rigs rallies. Pro Medicus sank despite record numbers, while a handful of explorers jumped on fresh discoveries and policy wins.

Explorers led the Materials tape as fresh drill stories and new ground deals pulled buyers into small caps. Big miners still delivered, but the loudest moves came from companies offering investors a near-term catalyst.

Kaiser Reef has transformed the Union Hill waste dumps at its Maldon Gold Project into a significant low-grade gold stockpile, supporting profitable processing at Porcupine Flat through 2030. The company also announced new management appointments and ongoing exploration initiatives.

Orange Minerals NL is advancing exploration in two proven mineral belts, targeting gold in Ghana's Sefwi Gold Belt and base metals in Western Australia's Pilbara region, with key drilling results and ownership milestones expected soon.