The report points to stable global spending, a stronger preference for lower-risk exploration, and a local rebound led by copper and northern regions, with a portfolio of 235 prospects.
Solis Minerals completed due diligence at Peru’s Cucho Copper Project under its binding JV agreement with Quippo. The company targets first drilling in late Q2 2026 and has renegotiated milestone payments.
Red Metal Resources has launched a LiDAR survey over 1,293 hectares at the Carrizal property in Chile, aiming to map structures, locate historic workings, and develop high-priority copper-gold drill targets.
Aterra Metals executed option agreements for the Totora copper-gold porphyry project in Atacama, Chile, securing Frontera, Taruca and Clinton and adding Sevilla. Funds from a US$2.78m raise will support re-logging, geophysics and late-Q1 drilling targets.
Hot Chili raises A$40 million to accelerate La Verde drilling and advance an expanded feasibility program for Costa Fuego in Chile, targeting EIA submission in 2026.
Kobrea Exploration outlined a 1,250 m x 500 m copper-anomalous hydrothermal breccia at KBX-17 in Argentina’s Western Malargüe district and will run an IP survey to test for a porphyry system at depth, alongside drilling at El Perdido.
Lodestar Minerals has begun drilling at its Three Saints Project in northern Chile to test a geophysical anomaly at depth and assess copper-gold potential linked to a possible porphyry-style system.
BHP named 10 companies for its largest Xplor intake yet in 2026. Each receives up to US$500,000 equity-free plus mentoring and technical support.
Bravo Mining closed an oversubscribed C$86.3M public offering and announced a C$34.75M Orion placement to fund PFS/FS work at its Luanga nickel–PGM project in Brazil, supported by metallurgical gains and a new Barcarena EPZ framework.
The 44,400-ha district hosts mapped epithermal veins and reported high-grade historical channel results, with drill-ready targets and strong access.
La Secretaría de Minería de Salta aprobó, mediante la Resolución 008/26, el Informe de Impacto Ambiental de Mansfield Minera y habilitó nuevas tareas de exploración en Arizaro, reforzando la planificación de largo plazo del complejo Lindero–Ónix.
Power Minerals (ASX: PNN) is relaunching exploration at the Santa Inés copper-gold project in Salta, Argentina, focusing on reprocessing geophysics and testing targets around 600m depth.
Aldebaran Resources is raising fresh capital to complete a prefeasibility study for its Altar copper-gold project in San Juan, Argentina. The company’s January 2026 financing is intended to support the PFS and working capital.
AbraSilver released final Phase V drill results at Diablillos (Argentina), including high-grade silver-gold intercepts at JAC that will feed an updated resource estimate and a DFS targeted for Q2 2026. EIA consultations are set for February and RIGI remains in progress.
Sable Resources outlined its 2026 outlook in San Juan, Argentina, highlighting a copper-gold pipeline with upcoming drilling and partner-backed growth. With ~C$17m cash at end-2025, the company targets new exploration catalysts at El Fierro, Zorro and Cerro Negro.
Sendero Resources closed a C$2 million non-brokered private placement with a single institutional investor at C$1.15 per share. Proceeds, bringing total recent financings to C$6.06 million, will fund drilling at Peñas Negras in Argentina and working capital.
Solis Minerals will present at RIU Fremantle on Feb. 17, 2026, outlining its 2026 roadmap across the Cinto and Cucho copper projects in Peru. The company is progressing Cinto permitting and preparing drilling, targeting major milestones this year.
Ivanhoe Electric and SQM will explore for copper in Chile’s Atacama using the Typhoon geophysical system across ~2,000 km², backed by US$9M funding and a JV option.
Tinka Resources completed 1,400m of drilling at Peru’s Silvia Gold-Copper Project and plans IP and magnetotellurics in Q2 2026 to refine targets.
Canada’s Atex Resources acquired the “Nuevo Horizonte” concessions next to its Valeriano project in Atacama, adding the Pachuy and Chollay porphyry targets and lifting its district land position to about 25,000 hectares as geophysics begins.
First Andes Silver identified a district-scale, zoned alteration center at Santas Gloria (Peru) using WorldView-3 satellite data. Field validation and Phase 2 soil sampling (1,430 samples) begin in March.
Founders Metals reported its strongest Lower Antino result at the Antino project in Suriname: 90m at 1.02 g/t Au from 156m depth. Results highlight bulk-tonnage oxide potential and high-grade upside
Mirasol has launched drilling at its 100%-owned Sobek copper-gold-silver project in Chile’s Atacama Region, focusing on the 46 South target ~7 km west of Filo del Sol.
Argenta Silver reported first assays from its 2025–2026 summer drill campaign at El Quevar, Salta: 246 g/t Ag over 20 m (incl. 427 g/t over 6 m) at Yaxtché and a new Carmen target with 0.57 g/t Au and 0.58% Cu over 44 m.
Orvana Minerals will begin a deep drilling campaign at its Taguas project in San Juan in Q1 2026. The program targets ~4,500 metres through April to assess copper-gold porphyry indicators.
AbraSilver has started fully funded Phase VI drilling at its Diablillos project in Argentina: ~15,000 metres of diamond drilling across ~50 holes to extend gold-silver mineralization and test deeper targets ahead of a DFS in Q2 2026.
Hot Chili reported Phase 2 diamond drilling results at La Verde (Costa Fuego, coastal Atacama), including DKD033 with 495m @ 0.38% Cu and 0.10 g/t Au from 3m. Assays are pending for six holes and drilling resumed Jan. 12, 2026.
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