Latest Exploration Risk News

Elixir Energy has partnered with QGC to share 3D seismic data over a key Queensland gas permit, aiming to reduce risks ahead of the Daydream-3 appraisal well. This collaboration highlights the strategic importance of the Taroom Trough in Australia’s gas landscape.

Koonenberry Gold has intersected visible gold in deep drill holes at its Enmore Gold Project, extending the known alteration zone and confirming a robust mineral system open at depth. The company is well funded and advancing a comprehensive drilling program to unlock further potential.

MetalsGrove Mining Limited has been granted the Vavoua gold exploration permit in Côte d’Ivoire, advancing its strategic foothold near the Abujar gold mine. An initial soil sampling program using cutting-edge PortablePPB technology is set to commence early next year.

Somerset Minerals Limited has launched a C$2.25 million flow-through share offer targeting Canadian investors, aiming to accelerate exploration activities at its Jura project. The capital raise complements a planned institutional placement and highlights both growth ambitions and inherent risks.

Great Divide Mining and Dart Mining have reported the highest gold grades ever recorded at the Banshee Antimony Mine within the Coonambula Project, highlighting a promising mineralised system in Central Queensland.

Western Yilgarn NL has secured critical access rights for its Cardea 2 Bauxite Project, enabling immediate fieldwork, while simultaneously initiating ground exploration at the Ida Holmes Junction Project targeting key critical minerals.

Great Southern Mining reports significant new high-grade gold intercepts at its Amy Clarke prospect, extending mineralisation over 4.7km and setting the stage for follow-up drilling in 2026.

Ore Resources Ltd has identified 10 new broad gold targets and 18 gold-in-soil anomaly zones at its Randalls South tenements, setting the stage for focused exploration in 2026.

Skylark Minerals has completed its acquisition of Ricca Resources’ Côte d’Ivoire gold assets, unlocking a substantial resource base and enabling accelerated exploration plans for early 2026.

Red Mountain Mining has revealed a technical study highlighting significant silver, gold, and antimony prospectivity at its Silver Dollar Project in Idaho, with exploration set to begin imminently.

Ore Resources Ltd has raised A$7.5 million through an oversubscribed equity placement to accelerate gold exploration at its Coolgardie and Randalls projects in Western Australia. The funds will underpin an expanded drilling program targeting key prospects in 2026.

Legacy Minerals Holdings has identified promising new silver targets at its Mt Carrington Project in NSW, securing approvals for an additional 3,500 metres of drilling to expand its substantial 115Moz silver equivalent resource.