Latest Minerals Exploration News

Augustus Minerals reports significant high-grade gold assays from its Music Well Project, bolstered by 18 new gold targets identified through AI and machine learning. The under-explored prospects promise to reshape the company’s exploration trajectory.

Carawine Resources reports a critical quarter marked by a looming Federal Court hearing on a compulsory acquisition by major shareholder QGold, alongside a $1.7 million loan facility that underpins ongoing operations amid deferred exploration programs.

Everest Metals Corporation has launched a major aircore drilling campaign at its Revere Gold Project while advancing a pioneering rubidium extraction patent at Mt Edon, setting the stage for resource growth and near-term mining at Mt Dimer.

Lodestar Minerals has wrapped up its inaugural 16-hole RC drilling campaign at the Darwin IOCG project in northern Chile, targeting high-grade copper and gold mineralisation. Assay results are eagerly awaited, with some samples fast-tracked for early analysis.

Minerals 260 Limited has launched a $200-$220 million public offer to fund the acquisition of the Bullabulling Gold Project in Western Australia, featuring a 2.3 million ounce JORC-compliant resource. The company seeks ASX re-admission following a significant change in scale of activities.

Ausmon Resources Limited has launched a Share Purchase Plan offering shareholders shares at an 8.6% discount, with potential tax credits for Australian investors. The move aims to strengthen the company’s balance sheet and fund exploration activities.

Enova Mining reports multiple high-grade titanium dioxide intercepts exceeding 15% TiO2 at its CODA North project, reinforcing the site's multi-commodity potential and rare earth mineralisation prospects.

Cobalt Blue Holdings Limited announces a strategic pivot with a proposed rebranding to Core Blue Minerals Limited and an Earn-in agreement for the Halls Creek Project, marking its diversification beyond cobalt into copper and other base metals.

Diablo Resources has unveiled a high-grade copper discovery at its newly acquired Phoenix Copper Project near the prolific Lisbon Valley Mine in Utah, with initial rock samples returning up to 45.7% copper and 219 g/t silver. The company is advancing exploration with drilling planned for 2025.

Ausmon Resources Limited has launched a Share Purchase Plan aiming to raise up to $540,000 by issuing shares at a discounted price, supporting its exploration and operational funding needs.

Ausmon Resources Limited has announced a Share Purchase Plan offering up to 300 million shares at a discounted price to raise $540,000, aiming to reduce borrowings and fund exploration activities.

Augustus Minerals has applied advanced AI and machine learning techniques to identify 18 promising gold targets at its Music Well project in Western Australia, highlighting significant exploration potential in an underexplored region.