Latest Minerals Exploration News

Victory Metals Limited has launched a $3.75 million placement and options offer aimed at advancing its North Stanmore Heavy Rare Earth Elements project in Western Australia. The capital raise targets sophisticated investors and includes detailed risk disclosures.

Lithium Plus Minerals Limited retracts previous pricing statements on its Arunta Lithium Projects while revealing significant high-grade beryllium mineralisation at its Northern Arunta Spotted Wonder Project, highlighting new strategic opportunities in critical minerals exploration.

Lithium Energy Limited has staked a significant 6,150 hectares of mineral claims in Utah, targeting lithium brine mineralisation as part of its strategic growth and ASX reinstatement plans.

Lithium Plus Minerals has identified significant high-grade beryllium mineralisation at its Northern Arunta Spotted Wonder Project, revealing promising polymetallic potential alongside lithium. This discovery positions the company at the forefront of critical minerals exploration in Australia.

Lincoln Minerals has secured a Native Title Mining Agreement with the Gawler Ranges Aboriginal Corporation, unlocking exploration at its promising Jungle Dam uranium prospect in South Australia.

Asra Minerals has appointed Paul Stephen as Managing Director and engaged veteran geologist Ziggy Lubieniecki to bolster exploration at its Leonora Gold Projects, signaling a strategic push to unlock value in Western Australia’s prolific goldfields.

Titan Minerals Limited has launched a transaction-specific prospectus offering 4 million new options to its underwriter, exercisable at A$0.70 and expiring in January 2027. The offer, which raises no immediate funds, could inject approximately A$2.8 million upon option exercise.

Asra Minerals Limited has launched a substantial options offer linked to a recent $3 million placement, aiming to enhance liquidity and satisfy obligations under the placement. The company plans to list these options on the ASX by the end of June 2025.

Magnum Mining and Exploration Limited has announced a pro-rata entitlement offer to raise up to $2.24 million, aiming to fund key exploration projects across Brazil, the US, and Nevada. The offer carries significant dilution risks for non-participating shareholders and underscores ongoing operational uncertainties.

Tambourah Metals Ltd has announced a non-renounceable pro-rata entitlement offer to raise approximately $368,000, issuing new shares at $0.02 each with free-attaching options. The capital raise aims to fund exploration projects including Beatty Park Gold and Speewah North.

Mithril Silver and Gold has acknowledged undisclosed channel sample results at its El Apomal target, explaining recent unusual trading activity. The company has entered a trading halt ahead of a formal announcement expected by 3 June 2025.

Alvo Minerals has updated its entitlement offer to include free attaching options, aiming to raise $1.56 million to fund exploration and working capital. The offer targets eligible shareholders with a $0.02 share price and options exercisable at $0.05 over three years.