Latest Mineral Exploration News

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.

Taiton Resources has finished drilling a single 810m diamond hole at its Yogi prospect within the Highway Project, South Australia, with assay results due in June.

McLaren Minerals reminds shareholders of the closing date for its discounted Share Purchase Plan, offering up to $30,000 in shares at $0.016 each. The capital raise supports ongoing development of its titanium and zircon projects in Australia.

Tali Resources is set to begin a 10,000m aircore drilling campaign at West Arunta in May, leveraging new geophysical surveys to test multiple high-potential prospects.

Lion Rock Minerals reported strong high-grade rutile and heavy mineral results at its Minta Project in Cameroon, expanding infill drilling and commissioning an in-country lab ahead of a maiden resource estimate targeted for H2 2026.

Taiton Resources has completed a partial placement of 9.55 million shares to sophisticated investors, extending related option expiry dates to June 2029. A further tranche awaits due to delayed funds, while the company continues to advance exploration projects across South Australia and New South Wales.

McLaren Minerals has announced a fully underwritten Share Purchase Plan targeting A$1.5 million at a 15.5% discount, offering eligible shareholders free attaching options. The capital will support feasibility studies and exploration at its key projects.