Latest Mineral Exploration News

Everest Metals Corporation has announced the issuance of $1.17 million in Junior Minerals Exploration Incentive tax credits to eligible shareholders following successful capital raisings in 2024-25. This move highlights the company’s ongoing commitment to exploration and shareholder value.

Estrella Resources has reported further high-grade manganese intersections at its Ira Miri Prospect, alongside completion of extensive drilling at the Werumata Limestone Project in Timor-Leste, highlighting promising resource potential.

Resource Minerals International Ltd has successfully raised $1 million through a share placement to fund exploration projects across Saudi Arabia, Tanzania, and Finland, while also achieving a debt-free status.

Metals Australia has successfully expanded its Manindi West Vanadium-Titanium-Magnetite (VTM) discovery, confirming mineralisation over a strike length exceeding 1,000 metres and intersecting significant mineralisation in 13 of 14 drill holes. Early metallurgical results show promise for commercially attractive concentrate products, with further assay results pending.

Encounter Resources reports significant extensions of shallow, high-grade niobium mineralisation east of its Green Mineral Resource Estimate at the Aileron Project, with promising drill results and a major development program planned for 2026.

Skylark Minerals Limited has applied for ASX quotation of 17,577,446 fully paid ordinary shares linked to a previously announced placement, with further shares pending shareholder approval.

Augustus Minerals announces the sudden resignation of CEO Dr James Warren, with interim leadership stepping in as the company begins its search for a successor.

Pacgold Limited has identified a significant 14-kilometre gold and antimony soil anomaly at its St George Project in northeast Queensland, setting the stage for a major drilling campaign in mid-2026.

Somerset Minerals Limited has launched a C$2.25 million flow-through share offer targeting Canadian investors, aiming to accelerate exploration activities at its Jura project. The capital raise complements a planned institutional placement and highlights both growth ambitions and inherent risks.

Zeus Resources has secured Forestry Department approval to begin trenching at its Casablanca Antimony Project in Morocco, clearing a key regulatory hurdle for exploration. The program aims to refine geological understanding and target high-grade antimony mineralization.

EV Resources is set to begin a fully funded maiden diamond drilling program at its high-grade Los Lirios antimony project in Mexico, aiming to define a maiden JORC resource by Q3 2026. This marks a pivotal step toward production readiness and a broader 2026 exploration campaign.

Nova Minerals Limited has voluntarily suspended trading of its shares on the ASX pending a capital raising announcement expected on 17 December 2025.