Category: Exploration & Discovery

Terrain Minerals (ASX: TMX) has approved an 86-hole, 10,905m reverse circulation drilling campaign at its Smokebush gold-silver project, set to be the company’s largest drilling program to date. 

Kalamazoo Resources (ASX: KZR) has wrapped up a major resource definition drilling campaign at its Mt Olympus deposit in WA’s Pilbara, with the final assays delivering another batch of broad, high-grade gold hits ahead of an updated resource estimate later this year.

Tivan (ASX: TVN) has secured a regulatory pathway in support of its maiden drill program at its Baucau copper-gold project in Timor-Leste.

Brightstar Resources (ASX: BTR) has recorded its highest ever individual gold assay at its Sandstone project in WA, with one drill hole intersecting 1m at 751g/t of gold.

Drilling at Larvotto Resources’ (ASX: LRV) Hillgrove project in NSW has returned multiple zones of significant gold-antimony-tungsten mineralisation, including gold-equivalent grades of up to 62.6g/t.

Alligator Energy (ASX: AGE) has reported further uranium mineralisation at its Big Lake uranium project in South Australia, supporting the company’s roll-front uranium exploration model.

South32 (ASX: S32) has announced a 61% increase in the ore reserve estimate of its Sierra Gorda copper mine in Chile, bringing the reserve to 1.1bt and extending the reserve life to 2045.

The South Australian Government has granted Orpheus Uranium (ASX: ORP)  exploration licences to further extend its Marree uranium project development.

Brightstar Resources (ASX: BTR) has received a 305.4m at 1.82g/t of gold assay result from its drilling at its Sandstone gold project in WA.

Australia’s total mineral exploration expenditure held steady in 2025 as increased spending on gold and silver-lead-zinc offset declines across other commodities.

Recent mineral analysis results have confirmed the rare earths at Victory Metals’ (ASX: VTM) North Stanmore project will be cheaper and easier to extract than previously thought.