Latest Exploration Updates News

Patronus Resources (ASX, PTN) reveals a robust financial position with $70 million in cash and investments against a market cap near $100 million, underpinned by 2.3 million ounces gold equivalent resources in Tier-1 Australian jurisdictions. The company’s active exploration and strategic acquisitions signal promising growth ahead.

Hammer Metals has reported promising high-grade gold assays from its Bronzewing South Project near the historic Bronzewing Mine, signalling potential for a significant new gold discovery in Western Australia.

Stavely Minerals highlights significant progress in its Stavely Project with robust drill results and promising gold and copper-gold-silver resources. The company’s strategic focus on expanding gold discoveries at multiple prospects signals potential growth in a fertile volcanic belt.

E79 Gold Mines has reported significant gold intercepts from reconnaissance drilling at its Laverton South Project, highlighting the emerging potential of the T14 South gold prospect. These early results suggest a promising new target within a prolific gold belt in Western Australia.

Tempest Minerals reports encouraging gold assay results from rock chip sampling at its Cherokee target, prompting an expanded drilling program at the Range Project near Mt Magnet.

Black Cat Syndicate reports promising early drilling results at its Paulsens West and Big Sarah gold projects in Western Australia, with mineralisation intersected and assays pending.

Novo Resources has initiated its first reverse circulation drilling at the Sherlock Crossing gold-antimony prospect, while advancing exploration at its Wyloo polymetallic project and NSW gold assets, signaling a busy second half of 2025.

S2 Resources has commenced RC drilling at its West Murchison Project, targeting a significant copper-platinum-palladium-gold soil anomaly. Results expected by early October could unlock new resource potential.

Rapid Critical Metals is set to become Australia's highest grade silver company through its acquisition of the Webbs Consol Silver Project, expanding its resource base to approximately 67 million ounces of silver equivalent at exceptional grades.

Hammer Metals has identified several promising gold and copper anomalies across its Mount Isa Project in Queensland, confirming extensive mineralisation and setting the stage for targeted drilling.

Desert Metals Limited has had its trading suspension lifted following the release of new drilling results from its Adzope Gold Project, reopening investor access to the stock.

Asra Minerals updates its Leonora South drilling results, revealing lower-grade gold mineralisation at depth and a surprising new pyrrhotite zone with base metal anomalies. These findings refine exploration targets and hint at fresh opportunities in Western Australia’s prolific goldfields.