Latest Exploration Programs News

West Coast Silver Limited has raised $3.2 million through a strategic placement to fund its 2026 exploration program at the high-grade Elizabeth Hill Silver Project, aiming to unlock further silver mineralisation in the region.

Cazaly Resources has struck a deal with Dundas Minerals, allowing the latter to earn an 80% interest in the Romano gold project by funding $2 million in exploration over two years. Cazaly retains a 20% free-carried interest while focusing on its core Goongarrie project.

Austin Metals is refining a promising Vadrians-style BIF-hosted gold model at its Brunswick Hill Prospect, supported by recent high-grade drilling and poised for expanded exploration in 2026.

Omnia Metals Group has finalized its $1.58 million placement with the issue of 25 million shares and over 70 million options, setting the stage for renewed exploration and strategic growth.

Truscott Mining Corporation has successfully raised $1.44 million through a placement, issuing 27 million new securities, and plans to kick off drilling activities early next year.

Infini Resources has strategically expanded its Portland Creek Uranium Project in Newfoundland by acquiring adjacent mineral licences, increasing its landholding by 30% and reinforcing its position in a promising uranium district.

DevEx Resources has successfully raised nearly $7 million through an oversubscribed Share Purchase Plan, significantly exceeding its initial $3 million target to fund expanded uranium exploration in Australia’s Northern Territory.

American Tungsten & Antimony Ltd plans to unlock value by spinning out its Drummond Basin and NSW gold exploration assets into a new ASX-listed company, King Metals Limited, aiming to raise up to $6 million in an IPO.

Cazaly Resources has reported promising high-grade gold intersections over a 1,300-metre strike at its Goongarrie Gold Project, validating historical data and setting the stage for a targeted drilling campaign in early 2026.

Nova Minerals Limited has successfully closed a $20 million underwritten public offering on NASDAQ, aiming to accelerate exploration and development at its Estelle Gold and Critical Minerals Project in Alaska.

Emmerson Resources and Pan African Resources have approved a $6.9 million exploration budget for the Tennant Creek Joint Venture in Q1 2026, marking the largest quarterly spend in over two decades. The program targets high-grade gold deposits with extensive drilling and geophysical surveys.

Gold Mountain Limited has completed the acquisition of Mars Mines’ 25% stake in its Brazil Joint Venture, gaining full ownership and strategic control. This move simplifies the corporate structure and positions the company to accelerate exploration and development in Brazil.