Latest Exploration And Drilling News

Magnetic Resources NL has discovered a fourth high-grade core zone at its Lady Julie North 4 deposit, signaling significant underground potential and resource expansion within the Laverton Project. Ongoing drilling and a recent $35 million capital raise underpin an aggressive push to grow the gold resource beyond 1.94 million ounces.

Elevra Lithium reports robust Q1 FY26 results with record production and a significant increase in lithium resources, advancing its brownfield expansion and multiple development projects.

Petratherm Limited reports robust metallurgical results from its Rosewood Titanium Heavy Mineral Sands Project, highlighting high-quality heavy mineral concentrates and promising recoveries that reinforce the project’s potential.

Winsome Resources has secured a 12-month exclusive option to acquire 38 adjoining claims near its flagship Adina Lithium Project in Québec, potentially unlocking new lithium-bearing pegmatite targets.

Solara Minerals has secured a Heritage Agreement with Traditional Owners, enabling early-stage exploration and drilling across multiple Western Australian project areas, including the promising Degrussa West site.

Auravelle Metals has identified a promising new gold target at Sheoak East within its Nuckulla Hill Project, revealing significant shallow gold mineralisation in initial drilling. This discovery extends a large gold anomaly and sets the stage for aggressive follow-up exploration.

Western Yilgarn NL has significantly expanded its exploration footprint at the Ida Holmes Junction Project to target high-grade gallium mineralisation and secured critical land access for drilling at its West Julimar Bauxite Project in Western Australia.

PC Gold’s latest drilling at Spring Hill reveals high-grade gold intersections and a new Macau Extension Target, hinting at significant resource growth potential beyond the current Mineral Resource Estimate.

Gateway Mining has completed its acquisition of the Yandal Gold Project, revealing promising high-grade gold results and securing $22.5 million to fuel extensive exploration and drilling programs.

Olympio Metals has reported significant high-grade gold intersections from its Bousquet Gold Project in Quebec, alongside a $1.6 million capital raise to accelerate exploration and drilling activities.

Enova Mining confirms robust rare earth and titanium mineralisation across its Brazilian projects, advancing towards maiden drilling at East Salinas backed by a $0.85 million capital raise.

DY6 Metals has significantly expanded its Central Rutile Project in Cameroon, confirming high-grade rutile mineralisation and securing A$4.625 million to accelerate exploration. The company also initiates a strategic review of its Malawian rare earth portfolio amid growing market interest.