Latest Lithium Exploration News

Trinex Minerals has completed a significant capital raise and board restructure during the June 2025 quarter, positioning itself for renewed focus on lithium exploration in Australia and Canada.

First Lithium Limited is on the cusp of securing critical mining license renewals in Mali and anticipates releasing its maiden Mineral Resource Estimate this quarter, while managing funding and exploration cost pressures.

Chariot Corporation has secured a 66.7% stake in one of Nigeria’s largest hard-rock lithium portfolios, backed by a A$1.6 million capital raise and a new working capital facility, marking a strategic move into the Africa–China lithium corridor.

Fulcrum Lithium has completed significant drilling programs at its Alkali Flats and Fairway projects in Nevada, with assay results awaited to determine lithium potential. The company also plans to exit its Summit project, focusing resources on more promising assets.

Astute Metals reports a major lithium discovery at its Red Mountain project in Nevada, intersecting over 170 metres of mineralisation and setting the stage for a maiden resource estimate by year-end.

Leo Lithium Limited reported a net cash outflow of A$3 million in operating activities for Q2 2025 but maintains a robust cash balance of A$53.3 million, supporting its operations for the foreseeable future.

Mandrake Resources reports progress on its Utah Lithium Project, highlighting a 3.3Mt inferred lithium resource and new brine flow modelling to target high-grade zones. The company maintains a strong cash position while exploring strategic growth opportunities.

Wildcat Resources has reported significant lithium mineralisation from metallurgical drilling at its Tabba Tabba project, reinforcing its resource base and advancing feasibility studies.

Chariot Corporation Ltd is set to acquire a 66.7% interest in a substantial Nigerian lithium portfolio, marking a strategic entry into Africa’s burgeoning lithium sector with a US$10 million funding commitment.

Chariot Corporation has completed its Phase 2 drilling at the Black Mountain lithium project in Wyoming, revealing a more intricate pegmatite system with modest lithium grades and outlining clear targets for further exploration.

Anson Resources has expanded its Green River Lithium Project in Utah by acquiring 100 new placer claims, increasing the landholding by 10% and identifying promising re-entry targets in historical wells to potentially enhance lithium resource estimates.

IRIS Metals has expanded its lithium exploration footprint in South Dakota by acquiring the 752-hectare Tin Mountain Extension, advancing its position as a leading US lithium explorer. Phase II drilling is underway, with assay results and a maiden resource estimate expected by late 2025.