Latest Midas Minerals (ASX:MM1) News

Midas Minerals has reported new high-grade copper and silver intercepts from infill drilling at its T-13 Deposit in Namibia, confirming continuity and expansion potential of the mineralisation. An updated resource estimate is anticipated later this year.

Gold explorers and small-cap tech names drove the biggest share price swings this week, while one healthcare stock sank after a deeply discounted funding move. Deals, drill hits and fresh financing dominated trading across the ASX.

Gold stories drove the week, but the biggest jumps came from drill hits and project studies that gave investors a reason to chase smaller names. At the larger end, merger activity and fresh funding kept attention on producers that want to get bigger, faster.

Midas Minerals has delivered its highest-grade copper and silver intercepts yet at the T-13 deposit in Namibia, with ongoing drilling poised to expand resources and accelerate exploration.

Midas Minerals has unveiled an initial inferred resource of 10.5Mt at 1.6% copper and 21g/t silver for its T-13 deposit in Namibia, alongside a $28 million placement to accelerate drilling and feasibility studies.

Midas Minerals has raised $28 million through a heavily supported placement to fund expanded drilling and feasibility studies at its Otavi project in Namibia. The capital boost lifts the company’s cash reserves to approximately $33 million, underpinning an aggressive exploration push.

Midas Minerals has reported a substantial 52m mineralised intercept at its Spaatzu Prospect in Namibia, highlighting widespread high-grade copper and silver mineralisation and advancing its Otavi Copper Project exploration.

Midas Minerals has reported promising high-grade copper and silver mineralisation at its newly acquired Otavi Copper Project in Namibia, with ongoing drilling and new targets shaping a compelling exploration narrative.

Midas Minerals has identified several new high-priority copper drill targets at its Otavi Copper Project in Namibia, following extensive geochemical sampling. Initial drilling plans are underway as diamond drilling continues at the high-grade T-13 deposit.

Midas Minerals has reported a significant new high-grade copper and silver find at its Spaatzu Prospect within Namibia’s Otavi Copper Project, marking a promising expansion near the established T-13 deposit.

Midas Minerals has completed its acquisition of the Otavi Copper Project in Namibia, initiating multiple drilling programs across high-grade deposits and securing strong funding to drive exploration in 2026.

Midas Minerals has achieved a key milestone in acquiring the Otavi Copper Project in Namibia and commenced drilling at the nearby South Otavi Project, backed by a fresh $11.5 million capital raise.