Latest Mineral Exploration News

Lux Copper Corp. Ltd reported a modest loss in its inaugural financial period while acquiring two Alaskan copper projects and preparing for a public listing with fresh leadership appointments.

Eminence Minerals has finalised the sale of its Mata da Corda Project in Brazil for USD 2 million, reinforcing its cash position to approximately AUD 5.4 million and sharpening its focus on priority exploration assets.

Miramar Resources has received a A$238,456 refundable R&D tax offset for FY2025, supporting innovative exploration techniques at its Whaleshark and Bangemall projects. This non-dilutive funding strengthens the company’s cash position ahead of planned drilling and surveys.

Taiton Resources has finalised a placement of 1.14 million shares at 7 cents each, including shares and options issued to insiders following shareholder approval.

Avira Resources has appointed Andrew van Bentum as CEO, bringing over 25 years of expertise to lead its gold and base metals exploration strategy across Western Australia and Sweden.

Taiton Resources has issued nearly 1.8 million shares and close to 900,000 options to a sophisticated investor, part of an ongoing placement raising $125,000 so far. Additional shares and options will follow as funds come in.

Peel Mining has distributed all shares in Spectre Metals to its shareholders, marking the completion of the demerger. This comes just before Aeris Resources is set to acquire Peel in a scheme of arrangement.

Right Resources has locked in a second tranche of A$755,000 in non-dilutive R&D funding for FY2026, boosting its collaboration with the University of Tasmania's CODES to deepen understanding of mineral systems in the Tumbarumba district.

AusQuest has paused its maiden drilling at the Coober Pedy IOCG project after encountering difficult sand cover, with plans to resume in Q3 2026 using a new drilling method and contractor. Assay results from the limited completed holes are due by the end of July.

Taiton Resources has allocated over 700,000 shares to its insiders following shareholder approval, with further shares and options pending issuance.

Cassius Mining Limited is issuing bonus options to eligible Australian and New Zealand shareholders, offering one new option for every eight shares held. These options carry a 3-cent exercise price and expire in mid-2029, aiming to reward loyalty without raising new capital.

Tali Resources has kicked off an extensive aircore drilling program targeting 10 high-potential prospects at its West Arunta Project, aiming to unlock significant mineral deposits with results expected by July.