Latest Mineral Exploration News

Hot Chili Limited has announced a non-renounceable entitlement offer aiming to raise approximately A$14 million to advance its strategic partnering efforts and drilling programs. Eligible shareholders can subscribe for new shares at 60 cents each, with funds earmarked for exploration and corporate purposes.

TechGen Metals Ltd has announced a fully underwritten pro-rata non-renounceable entitlement issue to raise approximately $2.57 million, offering new shares at $0.018 each with free attaching options. The capital raise aims to accelerate exploration at key projects in Western Australia.

Augustus Minerals has appointed Dr James Warren as its new CEO, bringing a wealth of exploration and corporate growth experience to lead its promising Western Australian projects. This leadership change signals a strategic push towards advancing drilling campaigns and unlocking shareholder value.

InVert Graphite reports robust trench assay results from its Kumba deposit in Tanzania, revealing consistent high-grade graphite mineralisation over a 2km strike. The company is advancing drilling preparations amid a significant US move to impose anti-dumping duties on Chinese graphite imports.

Loyal Metals has raised $2 million through a targeted placement to accelerate exploration at its newly acquired Highway Reward Copper-Gold Mine, leveraging cutting-edge AI and drone technologies.

NIMY Resources has reported exceptional high-grade gallium assay results from its Block 3 prospect within the Mons Project, positioning itself as a key player amid global supply constraints driven by China's export ban.

Heavy Rare Earths Limited (ASX – HRE) has struck a binding agreement to acquire an 80% interest in the Prospect Hill tin project, South Australia’s largest and most advanced tin deposit, expanding its footprint in critical minerals.

Power Minerals Limited reports multiple wide zones of high-grade niobium and rare earth element mineralisation from its maiden drilling at the Santa Anna Project in Brazil, underscoring significant exploration upside.

Xanadu Mines Ltd shares will be suspended from ASX trading following compulsory acquisition notices issued by Bastion Mining Pte. Ltd, signaling a significant shift in ownership.

Kuniko Limited launches a $2 million rights issue to accelerate its low-carbon battery metals projects in Norway, backed by strong ESG credentials and strategic partnerships.

Dalaroo Metals has secured a joint venture to acquire up to 80% of the Bongouanoa Gold Project in Cote d’Ivoire, revealing strong historical gold intercepts, while initiating critical minerals exploration in Greenland’s Blue Lagoon project.

Kuniko Limited has announced a $2.03 million pro-rata entitlement offer, issuing new shares and free options to existing shareholders to support its expansion in battery metals exploration and development in Norway.