Latest Exploration News

Asian Battery Metals has confirmed expanded high-grade copper and gold mineralisation at its Maikhan Uul project in Mongolia, with new surface and drilling results revealing a larger and more complex system than previously known.

Gateway Mining's initial aircore drilling results reveal a broad and promising gold system at the Mustang-Pony Trend, with multiple high-priority targets identified for follow-up in 2026.

South Harz Potash Limited has lodged three exploration permit applications for the Torsby West Project in Sweden, securing a 25km corridor rich in copper-gold-cobalt mineralisation. This move complements their existing Glava assets and positions the company strongly in a highly prospective Scandinavian IOCG district.

GBM Resources has partially completed its $8 million placement to Wise Walkers but faces delays in receiving the remaining funds due to Chinese foreign exchange controls. Shareholder approval for the balance is now pending.

Ausgold Limited has successfully completed a Share Purchase Plan, raising $10 million after scaling back oversubscriptions, contributing to a total $90 million capital raise for its Katanning Gold Project development.

Qube Holdings has confirmed that Macquarie Asset Management has met the conditions to extend their exclusivity period, keeping potential deal talks alive but without any guarantee of a binding agreement.

Tusker Minerals has significantly expanded the known high-grade gallium mineralisation at its Tundulu and Machinga projects in Malawi, revealing a robust multi-commodity critical minerals system with promising exploration upside.

Everest Metals Corporation has announced the issuance of $1.17 million in Junior Minerals Exploration Incentive tax credits to eligible shareholders following successful capital raisings in 2024-25. This move highlights the company’s ongoing commitment to exploration and shareholder value.

Carnavale Resources and Western Resources have signed a pivotal Native Title Mining and Heritage Agreement with the Nyalpa Pirniku people, clearing a major hurdle for the Kookynie Gold Project in WA’s Eastern Goldfields.

Metals Australia reports highly anomalous copper, cobalt, zinc, and bismuth geochemical results from initial drilling at Warrego East, Northern Territory, suggesting potential for deeper Tennant Creek-style copper-gold deposits.

Kalgoorlie Gold Mining has significantly extended the strike length of primary gold mineralisation at its Lighthorse Prospect to over 1,100 meters, confirming a large orogenic gold system open to further expansion. The company plans additional drilling in early 2026 to further delineate this promising target within the Tier One Pinjin Gold Project.

Mineral Commodities Limited and key subsidiaries have entered voluntary administration, with McGrathNicol appointed to explore sale or recapitalisation options. The Skaland Graphite mine operations in Norway remain unaffected, but shares are suspended pending creditor meetings.