Latest Critical Minerals Sector News

Enova Mining has successfully raised $2 million through a heavily oversubscribed share placement, enabling accelerated drilling and test work at its East Salinas and Charley Creek projects. This capital injection positions the company to advance its critical minerals exploration amid growing demand for rare earth elements.

Axel REE is fast-tracking field recovery trials at its Caladão Project, leveraging proven in situ recovery methods and a rare gallium resource to position itself uniquely in the critical minerals space.

Dateline Resources reports strong diamond drilling results at its Colosseum Gold-REE Project, confirming high-grade gold mineralisation beyond current resource boundaries and advancing plans for mine life extension.

Dalaroo Metals strengthens its Greenland rare earths ambitions with the appointment of industry veteran Greg Barnes and plans a US OTCQB listing to access North American capital and partnerships.

Locksley Resources has identified the Beefeater Shear, a significant new structural corridor at its Mojave Project, promising to expand high-grade antimony targets. Detailed underground mapping at the Desert Antimony Mine reveals fresh opportunities for resource growth.

Western Yilgarn NL has announced a significant discovery of high-grade gallium and tellurium mineralisation at its Ida Holmes Junction Project in Western Australia, highlighting a potentially large and regionally extensive critical minerals system.

PMET Resources has reported its widest and highest-grade caesium intercepts to date at the Vega Zone within its Shaakichiuwaanaan Property, alongside confirming high-grade mineralisation at the newly discovered Helios Zone.

Grand Gulf Energy has acquired the Dry Wash Antimony Project in Utah, positioning itself alongside active high-grade exploration by American Tungsten and Antimony Limited. The company plans rapid exploration and has raised $500,000 to fund its initial work program.

Morella Corporation has expanded its rubidium exploration footprint at the Mt Edon Project in Western Australia, identifying multiple new high-grade targets with assays up to 2.84% Rb2O. This development strengthens the company's position in the critical minerals sector alongside its lithium assets.

IRIS Metals has raised $5.5 million through a strongly supported placement to accelerate development of its critical minerals portfolio in the United States, including early sales from its Beecher Project.

The Tennant Creek Copper Alliance has won $600,000 in government grants, matched by the partners, to fund a feasibility study for a shared critical minerals processing facility. This initiative aims to unlock the economic potential of copper, gold, silver, and bismuth resources in the Northern Territory.

Pinnacle Minerals has mutually terminated its acquisition agreements for US-based Idaho Antimony projects but remains optimistic about future critical minerals ventures.