Latest Mineral Exploration News

Copper Search Limited has announced a non-renounceable entitlement offer to raise approximately $504,364, issuing new shares at $0.017 each with attaching options exercisable at $0.034 until mid-2027. The capital raising aims to support exploration drilling and business development across its Australian mineral projects.

Korab Resources has successfully renewed its Exploration Licence EL31341, extending its tenure at the mineral-rich Rum Jungle Project near Batchelor, Northern Territory. This renewal underpins ongoing exploration efforts in a highly prospective region.

M3 Mining Limited has abandoned its energy sector acquisition plans, selling its M3 Energy subsidiary to Jerboa Energy Ltd and recommitting to its core mineral exploration projects.

Aruma Resources is set to begin drilling at its Saltwater Project in Western Australia, targeting promising gold and gallium anomalies. Expanded soil sampling at the Talmine Prospect aims to build on previously reported high-grade gallium results.

Volt Resources Limited has had its trading suspension lifted following a key announcement about its mineral exploration tenements in Guinea, signaling renewed investor interest.

Aurumin Limited has had its trading suspension lifted following the announcement of proposed material transactions involving non-gold mineral rights at its key projects.

Caspin Resources has successfully completed the first tranche of a $2.1 million capital raise, issuing over 34 million shares to institutional and sophisticated investors. The company now awaits shareholder approval to complete the remaining funding, underpinning its exploration ambitions across three promising Australian projects.

Tempest Minerals Limited has announced a non-renounceable rights issue to raise approximately $1.47 million, aimed at funding exploration at its Yalgoo iron ore project and other assets. The offer includes free-attaching options and carries a potential dilution of up to 33% for non-participating shareholders.

Tivan Limited has responded to ASX inquiries about a social media post by its executive chair concerning fluorite exploration, affirming compliance with disclosure rules and pending assay results.

Catalina Resources has successfully completed its entitlement and shortfall offer, raising over $2.27 million to strengthen its cash position and advance its diverse mineral projects.

VDM Group Limited faces suspension on the ASX due to a joint venture dispute in Angola, halting exploration activities. The company is pivoting towards new critical minerals projects in Australia to restore trading and investor confidence.

McLaren Minerals Limited reported a challenging quarter with operating and investing cash outflows offset by a significant equity financing inflow, ending March 2025 with a modest cash balance and less than two quarters of funding runway.