Latest Battery Minerals News

Morella Corporation has identified 12 new high-priority lithium exploration targets at its Mallina project in Western Australia through a detailed ground gravity survey, setting the stage for further drilling and sampling.

Future Battery Minerals has launched an expanded 3,000m Phase 2 drilling program at its Miriam Project, aiming to build on promising gold intercepts from Phase 1. The company targets high-grade extensions at Forrest and Canyon, with results expected by early November.

Summit Minerals announces a $1.67 million capital raise through a Placement and a fully underwritten Rights Issue, aiming to accelerate exploration in Brazil and pursue new project opportunities.

Future Battery Minerals has revealed strong gold anomalism at its Canyon prospect within the Miriam Project, identifying a significant mineralised shear zone and expanding its Phase 2 drilling plans.

Conico Ltd has raised $1.395 million through converting loans to fund exploration at its Mt Thirsty Joint Venture and resolve legal issues tied to its Greenland projects. The company also plans a $1.23 million entitlement offer and a share consolidation ahead of a key shareholder meeting in October.

Future Battery Minerals Ltd has reported impressive Phase 1 drilling results at its Miriam Project in Western Australia, revealing thick, high-grade gold intercepts at the Forrest prospect that exceed expectations and open new exploration avenues.

Queste Communications Ltd reported a modest profit for FY25, with consolidated results impacted by investment portfolio losses and strategic asset reclassifications. The company maintained a cautious stance, suspending dividends and executive salaries to manage overheads.

Lowell Resources Fund (ASX, LRT) reported a stellar FY2025 with net assets soaring 72.5% to $72.3 million and profits jumping over 1400%, driven by strong gold and precious metals exposure.

Summit Minerals reports promising initial soil sampling results from its Equador Project in Brazil, confirming a significant 4km+ geochemical anomaly and discovering a new niobium-tantalum bearing pegmatite outcrop. Further assays and metallurgical testing are underway to refine exploration targets.

Liontown Resources has raised approximately A$316 million through a combination of institutional and conditional placements, alongside a share purchase plan, to strengthen its balance sheet and support growth at its Kathleen Valley lithium operation.

Zenith Minerals has finalised the sale of its 20% stake in the Kavaklitepe gold project in Turkey, securing approximately A$820,000. The company plans to reinvest these proceeds to accelerate exploration at key Australian gold and copper-gold projects.

Lodestar Minerals has launched a revised loyalty options offer, increasing the allocation ratio to one option per twenty shares, aiming to reward shareholders and potentially raise capital.