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Magnetite Mines Uncovers Rare Earths and Raises $3.86M to Boost Razorback Project

9:57am on Thursday 30th of October, 2025 AEDT Mining
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Magnetite Mines Uncovers Rare Earths and Raises $3.86M to Boost Razorback Project

9:57am on Thursday 30th of October, 2025 AEDT
Key Points
  • Ongoing negotiations to secure a second strategic partner for DFS funding
  • Progress on Mining Lease Proposal with in-principle tenement overlap agreements
  • Identification of near-surface rare earth elements at Ironback Hill
  • Completion of $3.86 million renounceable rights issue and placement
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