Latest Mineral Exploration News

Coppermoly Limited’s Managing Director and CEO Dickson Leah has resigned immediately, prompting a board-led strategic review focused on short-term shareholder value amid ongoing exploration and acquisitions.

Resouro Strategic Metals has closed its $2.5 million private placement, issuing 10 million shares at 25 cents each to support the environmental program and feasibility study for its Tiros project in Brazil.

Miramar Resources has restructured its board and executive roles to bolster its growth strategy, appointing Mark Hanlon as Non-Executive Director and transitioning Marion Bush to Chief Executive Officer. The company also outlined upcoming drilling programs at key Western Australian projects.

Coppermoly Limited's Managing Director and CEO Dickson Leah has resigned for personal reasons but will oversee a handover as the board searches for a successor. The company continues to focus on its expanding copper, gold, and critical minerals portfolio across Queensland and Western Australia.

Tasman Resources (ASX:TAS) is gearing up for a significant ramp-up in drilling activity across its Lake Torrens and Parkinson Dam projects, with Fortescue (ASX:FMG) set to drill two maiden holes at the Titan West IOCG target starting late August 2026. Meanwhile, Tasman plans up to twenty new drill holes at Parkinson Dam targeting high-priority epithermal and hydrothermal prospects.

Tasman Resources is gearing up for dual drilling campaigns at Lake Torrens and Parkinson Dam, supported by a recent $4 million placement and strategic asset sales.

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.