Latest Minerals Exploration News

Native Mineral Resources Holdings Limited reported a challenging quarter with negative operating cash flow but secured significant financing to support ongoing exploration activities. The company anticipates improved cash flow performance in coming months.

Pinnacle Minerals Limited has had its trading suspension lifted following a significant announcement about an acquisition and capital raise, signaling renewed momentum for the mining explorer.

Iltani Resources has locked in an $8 million investment from Queensland’s government-backed QIC fund to fast-track its Orient Silver-Indium Project, positioning the company at the forefront of critical minerals development in Northern Queensland.

Fortuna Metals has launched phase one hand auger drilling at its Mkanda and Kampini projects in Malawi, targeting significant rutile mineralisation near Sovereign Metals’ giant Kasiya deposit. Early assay results are expected by late 2025, with a larger phase two program planned.

Red Mountain Mining reports impressive rock chip assay results from its Armidale Antimony-Gold Project in NSW, revealing strong antimony grades up to 36.3% and gold presence, while advancing exploration efforts in both Australia and the US.

Kuniko Limited has secured new funding and is poised to commence drilling at its Commonwealth Gold-Silver Project in New South Wales, targeting district-scale precious metals in a Tier-1 jurisdiction.

Loyal Metals has launched AI-enhanced drilling at its Highway Reward Copper-Gold Mine, leveraging cutting-edge technology to target high-grade mineralisation and accelerate exploration.

Constellation Resources has confirmed the presence of natural hydrogen and helium in its Edmund-Collier project through CSIRO testing, marking a pioneering step in Western Australia's energy exploration landscape.

Dreadnought Resources has successfully raised $18 million through a placement to accelerate its gold exploration efforts in Western Australia's Yilgarn region, with additional director participation pending shareholder approval.

Legacy Minerals has confirmed significant high-grade gold and silver mineralisation at its Mascotte prospect and commenced diamond drilling at the Battery prospect within the Mt Carrington Project in NSW.

Uvre Limited has gained approval for a secondary listing on the New Zealand Stock Exchange, complementing its ASX listing and enhancing access to New Zealand investors. This move aligns with its expanding gold exploration projects across New Zealand.

Aurumin Limited has secured Supreme Court approval to convene shareholder and optionholder meetings for Brightstar Resources’ proposed full acquisition. The company’s directors unanimously back the schemes, setting the stage for a pivotal vote in November.