Latest Exploration Targets News

Iltani Resources has reported compelling assay results from its VTEM-targeted drilling at the Orient Silver-Indium Project, revealing multiple thick zones of high-grade silver-lead-zinc-indium mineralisation. These findings validate VTEM as a powerful exploration tool and hint at a significant expansion of the existing resource.

Charger Metals has initiated a 3,000m drilling program targeting a significant niobium anomaly at its Lake Johnston Lithium Project, funded by Rio Tinto Exploration. This move could unlock new battery metals potential alongside existing lithium and gold prospects.

Fortuna Metals has raised A$3.5 million through a share placement to fund expanded drilling at its Mkanda and Kampini rutile and graphite projects in Malawi. Assay results expected from late November will be pivotal in defining the projects’ resource potential.

Locksley Resources is accelerating development at its Desert Antimony Mine in California, delivering promising high-grade bulk sample results and advancing towards U.S. antimony production aligned with federal strategic goals.

Mount Hope Mining has completed Phase 1 drilling at its Mt Solitary gold target with promising results and is set to begin Phase 2 drilling, while advancing a broader portfolio of base metal prospects and regional land acquisitions in the prolific Cobar Basin.

Far East Gold Limited has identified several new high-grade gold mineralisation zones across its Idenburg Project in Indonesia, with assays reaching up to 22.1 g/t Au. These findings reinforce the district-scale potential and support ongoing drilling efforts.

West Coast Silver has launched a 2,500m aircore drilling campaign at its Elizabeth Hill Silver Project, aiming to expand high-grade silver zones near the historic mine and along the Munni Munni fault. This follows a recent diamond drilling phase that intersected visible native silver, with assay results pending.

Pioneer Lithium has identified promising exploration targets at its North Pine Project in Idaho, focusing on critical minerals like tungsten and antimony. The company plans advanced geophysical surveys to refine drill targets and leverage strategic processing opportunities nearby.

Patronus Resources (ASX – PTN) reveals a robust financial position with $78 million in cash and investments alongside a 2.3 million ounce gold equivalent resource base, underpinning a multi-commodity growth strategy across Western Australia and the Northern Territory.

Venari Minerals has identified six strong multi-element soil anomalies at its Needles Gold Project in Nevada, highlighting significant untested potential for large-scale epithermal gold-silver mineralisation. The company awaits assay results from recent drilling amid a US lab backlog.

Resources & Energy Group Limited (ASX, REZ) has announced a substantial JORC-compliant exploration target at its Gigante Grande Central Domain, estimating up to 500,000 ounces of gold. An extensive 8,750m drilling program is planned to commence in early 2026 to test and expand this promising resource.

GBM Resources has reported significant new gold assay results from its Lone Sister deposit, revealing high-grade mineralisation beyond the current resource estimate and identifying a previously unknown east-west gold-bearing structure.