Latest Gold And Base Metals Exploration News

Nagambie Resources has completed all conditions precedent following strong shareholder approval for an earn-in joint venture with Alkane Resources, enabling Alkane to acquire up to an 80% interest through staged funding over five years.

Strickland Metals Limited has reported promising first-pass diamond drilling results at the Obradov Potok prospect within its Rogozna Gold and Base Metals Project in Serbia, confirming significant lead-zinc-silver mineralisation consistent with proximity to a copper-gold skarn system.

Miramar Resources Limited (ASX:M2R) has finalised the sale of its Randalls Project to Ore Resources Ltd (ASX:OR3) for up to AUD 800,000 in cash, shares, milestone payments, and royalties, aligning with its strategy to streamline its exploration portfolio and concentrate on other Western Australian projects.

MinRex Resources has received final court approval for its merger with Canadian explorer Electrum Discovery, setting the stage for a significant expansion beyond Australia. The deal is on track to complete in early April, promising to diversify MinRex’s portfolio with new projects in Serbia.

Lithium Energy Limited has completed its initial drilling campaign at the Sandy Creek Prospect within Queensland’s Capricorn Gold-Copper Belt, with assay results expected in late May 2026. The company’s next steps hinge on these findings amid a region rich in historic mineralisation.

Dome Gold Mines Ltd launches a $3 million convertible note offering to fund key developments in Fiji, including the Sigatoka Feasibility Study and expanded exploration for copper, gold, and silver.

Lodestar Minerals has appointed Executive Director Coraline Blaud as CEO, positioning the company to capitalise on its expanding exploration projects across multiple continents.

Electrum Discovery Corp. shareholders have overwhelmingly approved a merger with MinRex Resources, setting the stage for a significant cross-continental consolidation in gold and base metals exploration.

Aruma Resources has revealed promising soil sampling results from its Saltwater Project in Western Australia, highlighting a significant polymetallic and gold-bearing system with new priority targets. These findings set the stage for advanced exploration activities in 2026.

Miramar Resources has secured $1.49 million through a placement to accelerate drilling at its promising Gidji JV Gold Project and initiate copper-lead-silver exploration at Chain Pool. The company targets a potential JORC-compliant gold resource amid encouraging high-grade results.

Mount Hope Mining Limited has reported progress in its Mt Solitary gold prospect drilling while posting a $1.14 million loss for the half-year ended December 2025. The company’s exploration efforts continue to focus on resource growth in the southern Cobar Basin.

Middle Island Resources has identified a significant gold system at its Zabrnjica Prospect within the Priboj Project, Serbia, setting the stage for a planned drilling campaign in 2026. This discovery adds a compelling new dimension to the company’s underexplored Serbian portfolio.