Latest Junior Exploration News

Hancock Prospecting has agreed to invest A$8.77 million in White Cliff Minerals for a proposed 13.5% stake, giving the junior explorer fresh capital to accelerate drilling at its Rae Copper Project in Nunavut. The placement still requires shareholder approval.

Midas Minerals has returned a high-grade 10.9-metre copper intercept at its Deblin deposit in Namibia, including 5.7 metres at 8.85% copper. The results strengthen the case for continued resource drilling, although Deblin has yet to receive a mineral resource estimate.

Diablo Resources has exercised its option over 101 patented claims covering the historic Horn Silver Mine in Utah, bringing its broader 202-claim, 13.2 square kilometre project package together. The company will now rank targets, advance permitting and prepare for a maiden Horn Silver drilling program in 2026.

Strickland Metals is reshaping its leadership team with key departures and appointments as it shifts focus from exploration to development at its Rogozna Project in Serbia.

Sarama Resources has issued 16.5 million Performance Share Units to its directors and CFO, linking incentives directly to key arbitration outcomes against the Government of Burkina Faso. Half of the awards vest on receipt of an arbitration ruling, and the rest on receipt of any award funds.

Eminence Minerals has lodged exploration licence applications for a nearly 3,700-hectare rare earths project in southern Bahia, Brazil, positioning itself alongside major peer IMC Rare Earths in a promising district. The company plans a measured exploration approach amid technical uncertainties around the underlying geology.

Arrow Minerals revealed a previously confidential tenement acquisition following an ASX price query triggered by a sharp rise in its share price. The company attributes the price movement to multiple positive developments rather than the acquisition itself.

Western Yilgarn NL secured $440,300 through a Share Purchase Plan, issuing over 14.6 million shares and 7.3 million options, with a shortfall of nearly 2 million shares to be placed at the company's discretion.

Challenger Gold has completed an A$85 million equity raise backed by key insiders and appointed a new leadership team to drive its transition from exploration to development at Hualilan and El Guayabo.

Talonx Resources (ASX: TXR) reported robust drilling results at its Viking and Blair North gold projects, highlighting a high-grade shallow oxide gold zone at Viking’s Beaker 2 prospect. The company also advanced exploration and licence renewal efforts at its Kihabe zinc-lead-silver project in Botswana, closing the quarter with $0.72 million cash.

Marquee Resources has initiated a non-renounceable rights issue priced at $0.005 per share, aiming to raise just over $1 million. Eligible shareholders will receive free attaching options, with the offer closing on 27 July 2026.

Marquee Resources (ASX:MQR) is raising just over $1 million through a non-renounceable rights issue priced at half a cent per share, accompanied by free attaching options. The capital raise aims to support ongoing exploration and the recent acquisition of the Tungsten Mountain Project in Nevada.