Latest Mineral Exploration News

Diablo Resources has extended its Phoenix Copper Project claims in Utah, targeting high-grade copper mineralisation along a key fault zone, as the US moves to classify copper as a critical mineral. The company’s maiden drilling program is underway with results expected soon.

Prospect Resources has identified a significant new shallow copper target at its West Mwombezhi prospect in Zambia, with diamond drilling now underway to test promising early results.

Mithril Silver and Gold has launched a fully funded 45,000-meter drilling campaign at its Copalquin district in Mexico, delivering strong high-grade gold and silver results that underscore the project's expanding potential.

Moonlight Resources, partly owned by Lithium Plus Minerals, plans to acquire the Clermont Gold Project and pursue an ASX listing, aiming to become a focused gold and critical minerals explorer.

Kaili Resources has responded to ASX inquiries following volatile trading, confirming imminent rare earth element drilling in South Australia and revealing detailed shareholder data.

Askari Metals is gearing up for a pivotal shareholder meeting to approve its Ethiopian gold and copper acquisition, while restructuring debt and expanding European investor outreach.

Dome Gold Mines has updated the schedule for its Share Purchase Plan, setting new dates for offer opening, closing, and share issuance through September 2025. This move aligns with ongoing development efforts at its Fiji-based mining projects.

Lion Selection Group has sold its stake in Erdene Resource Development Corp for A$12.3 million, securing a strong return and announcing a 2 cents per share fully franked special dividend for shareholders.

Power Minerals Limited reports exceptional high-grade rare earth and niobium intersections from shallow drilling at its Santa Anna Project in Brazil, reinforcing its potential for a significant mineral resource.

Tolu Minerals has completed a new access road to its Tolukuma Gold Mine, enabling vehicle access from Port Moresby and slashing operational costs by over 75%. This infrastructure milestone also opens vast new exploration opportunities and benefits local communities.

Bayan Mining and Minerals Limited has secured $3.27 million through a strategic placement to fast-track exploration at its Desert Star projects in California’s Mojave Desert, positioning itself near major rare earth and gold mining operations.

Axel REE Limited has announced a maiden inferred gallium mineral resource of 100 million tonnes at its Caladão Project in Brazil, marking a significant milestone in critical minerals exploration amid global supply constraints.