Latest Critical Minerals Exploration News

Nimy Resources has successfully completed Phase 2 drilling at its Block 3 Gallium prospect in Western Australia, intercepting key host rock in 9 of 11 holes. Phase 3 drilling has now commenced to explore extensions beyond the original target.

Locksley Resources has secured $1.47 million through a heavily subscribed placement to fund a critical minerals exploration campaign at its Mojave Project in California, targeting rare earth elements and antimony.

Ballymore Resources has won $400,000 in Queensland government grants to accelerate exploration at its Dittmer Project, targeting significant copper-gold porphyry systems beneath historic mines.

Tambourah Metals Ltd is set to raise nearly $1 million through a placement and entitlement offer to fund drilling at its Beatty Park Gold and Speewah North projects. The capital raise includes shares priced at a discount and attached options, aiming to strengthen exploration efforts.

Aldoro Resources has announced assay results from diamond drilling at its Kameelburg project in Namibia, revealing a significant south-west extension that doubles the discovery footprint and delivers the highest grades to date.

FMR Resources has reported promising assay results from its inaugural drilling at the Demoiselle prospect, revealing extensive copper-silver mineralisation and a new geological model to guide further exploration in Canada’s Fairfield Project.

Nimy Resources has raised $2.75 million through a share placement to fast-track exploration and resource definition at its promising Block 3 gallium discovery in Western Australia amid soaring global gallium prices.

Power Minerals Limited has initiated a 2,000-metre drilling program at its Santa Anna niobium and rare earth elements project in Brazil, aiming to confirm and expand on promising earlier results as part of its due diligence for acquisition.

Blackstone Minerals has secured $600,000 through the set-off of collateral shares under its ATM facility, bolstering its financial position ahead of a key merger and acquisition in Southeast Asia’s critical minerals sector.

Nexus Minerals Limited has updated its exploration progress with significant gold resources at Wallbrook and Pinnacles projects, alongside promising new discoveries and ongoing drilling campaigns.

Lefroy Exploration has kicked off a major grade control drilling campaign at its Lucky Strike Gold Project, fully funded by partner BML Ventures, aiming to underpin mining operations slated for the second half of 2025.

RareX Limited has won a $175,000 government-backed drilling grant to advance exploration of significant gallium mineralisation at its Khaleesi Project in Western Australia, underpinning the project’s critical minerals promise.