Latest MinRex Resources (ASX:MRR) News

Small caps stole the week, led by a big funding deal in gold and two revenue breakouts. Meanwhile, some well-known names slid after profit updates failed to calm nerves on costs and outlooks.

Rare earths and gold dominated the tape, with one small-cap rare earth explorer ripping more than 70% on a single drilling headline. Gold producers, meanwhile, kept turning high bullion prices into dividends, buy-backs and bigger balance sheets.

MinRex Resources Limited (ASX: MRR) has announced a definitive agreement to acquire 100% of Electrum Discovery Corp. (TSX-V: ELY) via a statutory Plan of Arrangement, creating a combined ASX-listed gold-copper exploration company with significant assets in Serbia and Australia.

MinRex Resources is advancing a transformative merger with Canadian explorer Electrum Discovery Corp., poised to create a well-capitalised gold and copper exploration entity with significant assets in Serbia and Australia.

MinRex Resources has obtained a crucial ASX waiver allowing it to issue shares to Electrum Discovery shareholders without needing further shareholder approval, smoothing the path for its planned acquisition.

MinRex Resources and Electrum Discovery reveal promising geophysical survey results identifying two concealed copper-gold targets at Timok East, Serbia, bolstering their upcoming merger plans.

MinRex Resources Limited and Electrum Discovery Corp. have agreed to merge, creating a well-capitalised gold-copper exploration company with advanced projects in Serbia and Australia. The combined entity aims to accelerate resource growth and exploration across two Tier-1 jurisdictions.

MinRex Resources reports promising rare earth element and titanium dioxide results from its maiden drilling at the Fraser Range Project, while extending its option to acquire a 50% stake until January 2026.

MinRex Resources’ recent drilling at the Fraser Range Project in Western Australia reveals promising rare earth and titanium mineralisation, despite no copper-gold discoveries. The company now faces a pivotal decision on advancing its stake in the project.

MinRex Resources has completed a key drilling campaign at its Fraser Range Copper-Gold Project in Western Australia, with assay results due next month. The company also strengthened its cash position through a Loyalty Option Offer, positioning itself for further exploration.

MinRex Resources has secured all approvals to commence a fully funded drilling program targeting high-priority copper-gold deposits at the Fraser Range Project in Western Australia, aiming to unlock significant exploration potential.

MinRex Resources reports promising gold and silver assay results from its Sunny Corner Project in NSW and secures a strategic farm-in option over the Fraser Range Copper-Gold Project in WA, underpinning its growth ambitions.