Latest Lithium And Gold Projects News

Mont Royal Resources Ltd (ASX – MRZ) has lodged a prospectus to raise between A$8 million and A$10 million through a share offer priced at A$0.20 each, coinciding with a proposed merger with Commerce Resources Corp (TSXV – CCE). The combined entity aims to become a leading Quebec-focused critical minerals developer.

Charger Metals NL has appointed mining veteran Bryan Dixon as CEO, signaling a strategic shift to boost exploration and shareholder value at its lithium and gold projects.

Sayona Mining delivered record lithium production and sales in FY25 but reported a $382 million loss due to asset impairments amid falling lithium prices. The company is poised for transformation with its imminent merger with Piedmont Lithium.

Astute Metals NL has successfully raised $5.5 million through an oversubscribed placement to advance its Nevada lithium and gold projects, including a maiden resource estimate and new drilling campaigns.

Manhattan Corporation reports progress on its planned acquisition of the Hook Lake Project in Nunavut alongside promising high-grade gold drilling results at Tibooburra and ongoing lithium exploration in Nova Scotia.

Megado Minerals has completed the acquisition of an 80% stake in the Iberian Copper Project in Northern Spain, backed by overwhelming shareholder support. The company is advancing geological mapping and preparing for drilling later this year, while also raising A$780,000 through an institutional placement.

Megado Minerals has completed a A$780,000 placement to institutional investors, issuing 39 million shares and attaching options to fund its Iberian Copper Project and working capital needs.

Cavalier Resources appoints Colin Bald as General Manager Operations and releases an updated Pre-Feasibility Study for its Crawford Gold Project, highlighting robust financial metrics and a clear path to production.

Charger Metals NL has secured a significant farm-in agreement with Rio Tinto Exploration to fund up to $43.7 million at its Lake Johnston lithium project, while confirming high-grade spodumene discoveries at multiple prospects. The company also highlights promising exploration potential at its Bynoe Lithium Project in the Northern Territory.

Cavalier Resources has cleared a key technical hurdle with Raptor Capital completing due diligence on the Crawford Gold Project, paving the way for binding $11 million stream finance negotiations. The updated Pre-Feasibility Study reinforces the project's strong economic potential.

Aldoro Resources has launched a strategic review of its non-core exploration assets following external interest, while reaffirming focus on its flagship Kameelburg project.

Sabre Resources advances exploration across uranium, nickel, lithium, and gold projects while securing a $1.6 million sale of its Ninghan Gold Project to Capricorn Metals.