Latest Exploration Upside News

Buxton Resources reports significant progress across its exploration portfolio, including earthworks at Centurion, heritage survey completion at Madman, and a major graphite testwork success, while regaining full control of Fraser Range after IGO's exit.

Patriot Resources has signed to acquire the high-grade Sugarloaf Copper Deposit in Zambia and commenced drilling on a fresh copper target, backed by a $2.2 million capital raise to accelerate exploration.

Orbminco Limited has acquired the Majestic North Gold Project in Western Australia for $3.4 million plus royalties, unlocking near-term mining potential and significant exploration upside. Drilling programs are already in progress to validate and expand the resource.

Raiden Resources has expanded its Phase 2 drilling at the Vuzel Gold Project in Bulgaria, confirming significant gold mineralisation and increasing its stake to 75%. Meanwhile, the company retains full ownership of the Arrow Gold Project after a partner withdrawal.

Askari Metals supplements its Nejo Gold Project acquisition announcement with detailed drill hole data and confirms the reliability of historical exploration results, while noting compliance limitations.

Askari Metals revisits historic drilling data revealing significant high-grade copper mineralisation at its Nejo Gold Project in Ethiopia, setting the stage for modern exploration efforts.

Kingfisher Mining has secured a strategic portfolio of copper-gold and base metal projects across New South Wales, backed by a $1.85 million capital raise to accelerate exploration.

Albion Resources has reported impressive near-surface gold intercepts at its Collavilla Prospect in Western Australia, highlighting a standout 11m at 20.0 g/t gold from just 17m depth. A detailed gravity survey is underway to pinpoint further high-grade targets within the expansive Ives Find granite.

Sierra Nevada Gold (ASX – SNX) has completed the purchase of the New Pass Gold Mine claims in Nevada, gaining 100% ownership and reporting promising gold grades in historic tailings. The company advances plans for bulk sampling and underground mining, while exploration at its Warrior project reveals new targets.

Thor Energy has agreed to sell a majority stake in its US uranium projects to Metals One, securing upfront cash and stock consideration while focusing on its hydrogen and helium ambitions.

Enegex Limited has received all necessary approvals to commence drilling at its Rocky Ridge gold prospect, complementing promising soil sampling results across its West Yilgarn projects. The company’s strategic focus on early-stage geochemical reconnaissance continues to uncover significant gold anomalies.

West Coast Silver Limited has updated its assay data for the Elizabeth Hill Silver Project, reporting significant silver grades up to 490 g/t alongside elevated copper and gold values. The findings hint at new mineralised zones beyond the historic mine footprint.