Latest Mineral Exploration News

Aurumin Limited has secured Supreme Court approval to convene shareholder and optionholder meetings for Brightstar Resources’ proposed full acquisition. The company’s directors unanimously back the schemes, setting the stage for a pivotal vote in November.

Taiton Resources has completed a significant share placement, issuing over 13 million new shares to sophisticated investors and granting employee options, aiming to advance its promising South Australian exploration projects.

Gold Mountain Limited has increased its capital raise to $2 million by issuing nearly 30 million shares at a slightly higher price, lifting its voluntary trading suspension and reinforcing its exploration ambitions.

The Federal Court has approved QGold’s compulsory acquisition of Carawine Resources’ remaining shares, paving the way for the company’s imminent delisting from the ASX.

Taiton Resources has raised $2 million through a share placement to fund drilling at its Challenger West and Highway projects, with further shareholder approvals pending.

DY6 Metals has acquired a key historic rutile mining area in central Cameroon, significantly expanding its Central Rutile Project and positioning itself as a dominant player in a globally emerging rutile province.

Triton Minerals has received the final A$8.5 million payment from NQM Gold 2 Pty Ltd under a key settlement agreement, marking a significant financial milestone for the company.

iTech Minerals has announced a $2 million equity raise, including a $1 million Share Purchase Plan offering shares at a 14.2% discount to fund key mineral exploration projects and working capital.

Great Northern Minerals Limited has addressed an ASX query regarding the delayed filing of director interest notices, attributing the lapse to an administrative oversight related to option expiry. The company reassures investors that compliance frameworks remain robust.

Omnia Metals Group Limited has issued a prospectus to list up to 10,000 options, aiming to remove trading restrictions and facilitate secondary market activity. This move follows recent capital raisings and shareholder approvals, positioning the company for enhanced liquidity.

Miramar Resources has extended its Share Purchase Plan closing date to 27 August 2025, giving shareholders more time to invest at a 20% discount as the company awaits critical exploration results.

Narryer Metals has formalised a joint venture with Petratherm Limited after the latter met its earn-in commitments, aiming to accelerate exploration at the promising Muckanippie Project in South Australia.