Latest Mount Ridley Mines (ASX:MRD) News

Mount Ridley Mines has announced a significant maiden inferred gallium resource of 838.7 million tonnes at its Mt Ridley Project, positioning it among the world’s largest known gallium deposits and reinforcing its multi-element critical minerals strategy.

Mount Ridley Mines reports a maiden inferred gallium resource of 838.7 million tonnes at its Mt Ridley Project, marking a significant step in Australia's critical minerals landscape amid global supply chain shifts.

Mount Ridley Mines has completed its recent entitlement offer, raising $190,910 but leaving a significant shortfall of shares unsubscribed. The company now faces decisions on how to manage the remaining 202 million shares.

Mount Ridley Mines Limited has announced a pro-rata entitlement offer to raise up to $596,842, accompanied by free attaching options, alongside a $234,000 placement aimed at funding key exploration projects and working capital.

Mount Ridley Mines has announced a capital raising of up to $830,388 through a placement and a pro-rata rights issue, aiming to fund ongoing projects and explore new mining opportunities.

Mount Ridley Mines advances its rare earth exploration strategy with a detailed tenement review and key board appointments, while maintaining a solid cash position at the end of June 2025.

Mount Ridley Mines reports promising high-grade iron assay results from its Weld Range West Project alongside a key board appointment, setting the stage for expanded exploration activities.

Mount Ridley Mines has reported promising rock chip sampling results from its Weld Range West Iron Project, with assays reaching up to 62.03% iron content. The company is preparing for further exploration to better understand the potential of these high-grade zones.

Mount Ridley Mines has completed a 1-for-10 capital consolidation and refreshed its board with experienced new directors, positioning itself for strategic growth amid ongoing portfolio evaluations.