Latest Lithium Exploration News

Patagonia Lithium Ltd (ASX:PL3) has announced positive exploration results from Well JAM 25-05 at its Formentera Lithium Project in Argentina, with core analysis revealing porosity values above regional averages and lithium assays ranging from 156ppm to 219ppm. These findings may support an expansion of the company’s Mineral Resource Estimate (MRE).

Wildcat Resources Limited (ASX: WC8) has announced a 300m northerly extension of spodumene mineralisation at its Bolt Cutter Central lithium discovery in Western Australia, expanding the known footprint to over 2.3km northwest and up to 800m northeast. Metallurgical drilling has intercepted spodumene in all holes, with further drilling and metallurgical testing planned.

Charger Metals NL has reported promising diamond and RC drilling results at its Lake Johnston Project, extending spodumene mineralisation at Medcalf West to depths of at least 215 metres. These findings support a significant upgrade to the lithium resource estimate.

Chariot Resources has locked in a A$3.5 million secured loan facility to refinance existing debt and support its lithium exploration projects, including a major Nigerian acquisition.

Charger Metals has reported significant new spodumene-pegmatite lithium mineralisation at its Medcalf Deposit, extending known resources and promising a resource upgrade. Recent drilling results reveal deeper and wider lithium zones, reinforcing the project’s potential.

Desert Minerals has launched a targeted drilling campaign at its Scotty Lithium Project in Nevada, aiming to define near-surface lithium mineralisation and support a maiden resource estimate. The project sits in a prolific lithium district adjacent to one of North America’s largest lithium deposits.

Chariot Resources has raised A$2.1 million through a share placement, attracting institutional and sophisticated investors to back its expanding lithium projects in the US and Nigeria. The placement includes free attaching options, pending shareholder approval.

Perpetual Resources has identified a new pegmatite target, Pico Grande, at its Igrejinha Project in Brazil, adding to two existing prospects and setting the stage for trenching and drilling campaigns in 2026.

Chariot Resources has raised $2.15 million in a well-supported placement to fund its acquisition and exploration of lithium assets in Nigeria, signalling strong investor confidence amid soaring lithium prices.

Venari Minerals has revised its Exploration Target for the Red Mountain Lithium Project in Nevada, revealing a potential lithium resource up to 18.6 million tonnes of Lithium Carbonate Equivalent. The company plans extensive drilling and sampling in 2026 to expand and upgrade this promising resource.

Wildcat Resources has successfully intercepted spodumene in every drill hole at its Bolt Cutter Central lithium discovery in Western Australia, advancing metallurgical testing and exploration plans.

Orbminco Limited has issued 62.5 million shares to raise $1 million as part of a staged capital raising, with shareholder approval for the next tranche expected in March.