Latest Exploration News

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.

Legacy Iron Ore has ceased mining operations at Mt Celia, marking the end of Phase I, while advancing heap leach studies and exploring a Carbon-in-Leach plant to drive future growth.

Boss Energy confirms FY26 production and cost guidance while withdrawing its 2021 Enhanced Feasibility Study due to significant deviations in resource assumptions. A new feasibility study exploring a wide-spaced wellfield design is underway, aiming to optimise uranium recovery and reduce costs.

Great Boulder Resources has updated its Mineral Resource Estimate for the Side Well Gold Project, revealing a robust 1.02 million ounces of contained gold and setting the stage for accelerated development.

Surefire Resources reports broad, high-grade gold mineralisation at its Yidby Gold Project in Western Australia, with assays revealing up to 15.83 g/t gold over 1m and a mineralised envelope exceeding 100m. The discovery opens new drilling targets for early 2026.

Provaris Energy has raised $500,000 through a share placement to advance its proprietary hydrogen tank prototype and a joint venture on low-pressure liquid CO₂ storage, signaling strong board confidence and strategic momentum.

TT Investments, led by Executive Chairman Tony Pitt, has announced an unconditional all-cash on-market takeover offer for 360 Capital Group at $0.31 per security, representing a 24% premium to recent trading prices. The offer aims to consolidate ownership and may lead to delisting from the ASX.

Patronus Resources has completed a comprehensive surface sampling program at its Pine Creek Project, revealing new high-priority gold anomalies and setting the stage for an ambitious drilling campaign in 2026.

American West Metals is set to launch a major drilling campaign at its West Desert Project in Utah, aiming to expand its world-class indium resource and explore high-grade gallium mineralisation. This initiative aligns closely with the US government's renewed focus on securing domestic critical metals supply chains.

Stavely Minerals has advanced exploration at its large-scale Freddy’s Find gold prospect, completing key drilling phases and preparing for further work in early 2026. Assay results from recent programs are expected soon, potentially unlocking a significant new gold discovery in western Victoria.

IRIS Metals Limited has had its trading suspension lifted following the announcement of a new transaction and an update on its capital raising efforts, signaling renewed momentum for the base metals miner.

IRIS Metals has signed a binding agreement to farm-in exclusively to the Finley Basin Tungsten Project in Montana, expanding its critical minerals portfolio and cancelling a planned capital raise. Exploration is set to begin in early 2026 with resource estimation targeted for 2027.