Latest Mining And Exploration News

WIN Metals Ltd reports rock chip samples grading up to 23.5g/t gold at the Emjay prospect, confirming it as a prime drill target after correcting its previously mislocated position in government datasets.

Polymetals Resources Ltd has successfully completed a $15 million equity raise to replace debt and support the production ramp-up at its Endeavor Mine in New South Wales.

Strickland Metals reports strong gold assay results from its Gradina Prospect within the Rogozna Project, reinforcing the potential for a maiden resource estimate by late 2025.

Korab Resources faces renewed uncertainty at its Rum Jungle Project after the Supreme Court invalidated the renewal of two key mineral leases due to a conflict of interest in the decision-making process.

Australian Mines Limited has secured earn-in rights to the advanced Boa Vista Gold Project in Brazil’s prolific Tapajós Gold Province, aiming to earn up to an 80% stake through staged exploration and development milestones. The company also announced a $2.5 million capital raising to fund upcoming exploration activities.

Bryah Resources’ subsidiary has acquired a 0.75% net smelter return royalty over key tenements in the Bryah Basin manganese project, streamlining the asset and enhancing future strategic options as the project advances towards production.

Solstice Minerals has initiated an Induced Polarisation survey at its Nanadie Well Copper-Gold Deposit, aiming to identify new resource extensions ahead of planned drilling in Q3 2025.

Loyal Metals has secured a binding option to acquire the Highway Reward Copper Gold Mine, one of the world’s highest-grade copper assets, marking a significant step in its 2025 plan to expand into copper amid soaring commodity prices.

Duketon Mining has kicked off its first reverse circulation drilling program at the Killarney Gold Project, targeting multiple high-grade gold zones with assays expected in the coming weeks.

Raiden Resources has reported significant near-surface gold mineralisation at its Vuzel Gold Project in Bulgaria, including a high-grade feeder zone intersected in recent drilling. The company is expanding its Phase 2 drilling to 4,000 metres to explore the full extent of this promising system.

Magnetite Mines has increased its Razorback Iron Ore Project resource estimate and is advancing strategic partnerships, while early saline water testwork shows promise for green iron production.

Gateway Mining Limited has agreed to acquire Strickland Metals’ Yandal Gold Project for $45 million in shares, adding a 400,400-ounce inferred gold resource to its portfolio. The deal, pending shareholder approvals, sets the stage for accelerated exploration and development in Western Australia’s prolific goldfields.