Latest Alvo Minerals (ASX:ALV) News

Alvo Minerals’ recent ground gravity survey at its Palma Project in Brazil has revealed three promising untested drill targets adjacent to the C1 deposit, potentially expanding its copper-zinc resource base.

Alvo Minerals advances exploration at its Palma Copper-Zinc Project in Brazil, defining promising new prospects Touro and Esperanza with strong geochemical and geophysical signatures. The company also reviews rare earth projects amid rising market interest.

Alvo Minerals has confirmed significant zinc and copper anomalies at its newly discovered Touro Prospect within the Palma VMS Project in Brazil, positioning it as the next major drill target. Extensive geochemical and geophysical surveys underpin this promising development.

Alvo Minerals advances exploration at its Palma Copper-Zinc Project in Brazil, identifying several new high-priority prospects ready for drilling. The project already hosts a substantial 7.6Mt JORC resource, with ongoing work aiming to expand this base.

Alvo Minerals has progressed multiple prospects at its Palma Copper-Zinc Project in Brazil, secured $1.56 million through an entitlement offer, and expanded its mining services division, positioning itself for growth.

Alvo Minerals has successfully closed its retail entitlement offer, raising $810,985 and bringing total proceeds from its recent capital raise to $1.56 million. The funds will support ongoing exploration at its Palma Cu/Zn Project and other mineral ventures in Brazil.

Alvo Minerals Limited has had its trading suspension lifted immediately following the release of details about its Entitlement Offer, signaling renewed market activity.

Alvo Minerals has successfully closed the institutional portion of its entitlement offer, raising $751,133, with a retail offer set to open on June 11 aiming to raise an additional $810,985. The capital raise will fund exploration and potential acquisitions in Brazil's mineral sectors.

Alvo Minerals has updated its entitlement offer to include free attaching options, aiming to raise $1.56 million to fund exploration and working capital. The offer targets eligible shareholders with a $0.02 share price and options exercisable at $0.05 over three years.

Alvo Minerals has announced an accelerated pro-rata entitlement offer to raise approximately $1.56 million, aiming to fund its Palma Cu/Zn Project and other exploration activities in Brazil. The offer includes new shares and free attaching options, presenting shareholders with a discounted opportunity to increase their holdings.

Alvo Minerals has terminated its planned acquisition of the Lavra Velha Gold Project after due diligence concerns, leading to the cancellation of a $2.93 million entitlement offer and the launch of a new discounted $1.6 million rights issue to fund ongoing exploration.

Alvo Minerals has voluntarily suspended trading of its shares on the ASX as it finalizes an Entitlement Offer and prepares to announce progress on the Lavra Velha Project acquisition.