Latest Geological Mapping News

SQX Resources advances exploration in Queensland and secures 80% stake in two promising US gold projects, backed by a $2 million placement to accelerate development.

Askari Metals has secured a major foothold in Ethiopia’s Arabian-Nubian Shield through the acquisition of the Nejo Gold and Copper Project, setting the stage for a high-impact exploration campaign supported by a new capital raise.

Triton Minerals progresses the sale of its Mozambique graphite assets despite ongoing legal challenges, while initiating exploration at its promising Aucu Gold-Copper Project.

eMetals Limited has progressed its exploration at the Busia Gold Project in Uganda, initiating a second phase of soil sampling to better define a significant gold anomaly. The company ends the quarter with a solid cash position following strategic asset sales.

Western Mines Group has reported significant nickel sulphide mineralisation in its ongoing Phase 4 drilling at the Mulga Tank Project, alongside securing $3.72 million in fresh capital to accelerate exploration efforts.

Energy Transition Minerals Ltd has acquired the Penouta tin-tantalum-niobium mine in Spain at a significant discount, raised A$18 million in capital, and received a key arbitration ruling on its Greenland rare earths project.

PolarX advances its Alaska and Nevada exploration projects with a $5.1 million capital raise and a significant joint venture deal with Northern Star Resources, unlocking up to US$39 million in staged funding.

AustChina Holdings has made significant progress in its Tasmanian gold and base metals projects while securing an option to acquire a promising Victorian gold portfolio, supported by plans for a $1.5 million equity raise.

Koba Resources has acquired two significant tin-tungsten projects in Queensland and discovered a promising new uranium prospect in South Australia, backed by a $4.35 million capital raise to accelerate exploration.

First Lithium Limited has secured $800,000 in funding and is awaiting crucial license renewals in Mali, setting the stage for its maiden Mineral Resource Estimate expected in the December quarter.

EverGreen Lithium advances its gold portfolio in Western Australia, securing key projects and preparing for a drilling campaign to upgrade resources. The company’s strategic acquisitions and infrastructure advantages position it for near-term development.

Summit Minerals has significantly expanded the soil anomaly footprint at its Equador Niobium Project in Brazil and secured $1.67 million through a placement and fully underwritten rights issue to advance exploration.