Latest Asx Explorers News

Mamba Exploration has confirmed 165 historical copper intersections across a 3km corridor at its 70%-owned Meeka East project, supporting a new felsic volcanic exploration model. The company plans further mapping, geophysics and drilling, although the historical data is not sufficient to define a mineral resource.

Classic Minerals has engaged AFDC to conduct a strategic review and is raising A$3 million to advance exploration at its Forrestania gold project and support its ASX relisting efforts.

Peel Mining has agreed to sell its South Cobar Copper Project to Aeris Resources in a $214 million transaction, while spinning off its remaining assets into a new ASX-listed company, NewCo. The deal offers Peel shareholders immediate value and ongoing exposure to a diversified metals portfolio.

Flagship Minerals has exited its lithium project in Chile amid market oversupply, redirecting resources to its Pantanillo Gold Project with a significant 1.05 million ounce gold resource estimate.