Latest Resources Exploration News

Pacific Resources (ASX: PXR) has secured full ownership of the Snowstorm Project in Victoria’s Eastern Goldfields for $400,000, gaining access to high-grade gold mineralisation and an approved underground bulk sampling program.

Haranga Resources has delivered a maiden JORC Mineral Resource Estimate of 402,000 ounces at 5.1 g/t gold from its Lincoln Gold Project in California, underpinning rapid restart plans backed by $90 million in existing infrastructure.

Amplitude Energy has agreed to buy half of the Artisan gas field from Beach Energy for $58.3 million upfront plus a capped royalty, accelerating gas production and enhancing the East Coast Supply Project’s economics.

DGR Global has invested $3 million in Savannah Goldfields through a $1.5 million gold production royalty and a $1.5 million share placement, securing a foothold in North Queensland’s gold sector with potential for significant cash flow and exploration upside.

Black Bear Minerals has boosted its Independence Project resource in Nevada to 2.2 million ounces gold equivalent, including a standout 1Moz high-grade skarn at 6.3g/t gold, achieved at a mineral growth cost of just AU$4.71 per ounce.

DGR Global has secured a $3 million investment in Savannah Goldfields, combining a tiered gold royalty with a 4.5% equity stake. The deal aims to tap into Savannah’s North Queensland gold assets and fund exploration, following DGR’s recent SolGold exit.

Manuka Resources completes early-stage Mt Boppy drilling with low-grade gold results but gains key structural insights, while launching resource definition drilling at Pipeline Ridge targeting a maiden gold resource.

Hawk Resources has clinched a Mineral Exploration Agreement with Ngaanyatjarrra Traditional Owners for its Olympus Scandium Project, clearing a key hurdle ahead of planned Q2 2026 exploration. Historical data points to a significant scandium anomaly that could define a new province in Western Australia.

Genesis Minerals has reported a 29% jump in gold resources to 18.9 million ounces and a 19% rise in reserves to 4.4 million ounces as of December 2025, underpinning its ASPIRE 500 growth strategy with new assets and exploration boosts.

Solis Minerals has deployed its Brazilian exploration team to advance drilling preparations at the Mandacaru and Campo Grande lithium prospects, leveraging extensive Rio Tinto data and aiming for initial diamond drilling in June 2026.

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.