Latest Junior Mining Companies News

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.

Killi Resources appoints seasoned geologist Hamish Halliday as Managing Director, signalling a strategic push to advance the Lodestone Iron Ore Project. Brett Smith steps up as General Manager – Technical, while former CEO Kathryn Cutler departs by mutual agreement.

Encounter Resources has launched a strategic review of its copper assets across Western Australia and the Northern Territory, aiming to accelerate project development amid promising drilling results at its Yeneena Copper Project and other key sites.

Marmota Limited is ramping up its maiden drilling program at the Greenewood gold discovery in South Australia, increasing planned drilling from 20,000m to 26,000m to extend mineralisation and support a scoping study.

Midas Minerals extends high-grade copper and silver intercepts at Namibia’s T-13 deposit, reinforcing resource continuity ahead of a planned update later this year.

Sunstone Metals reported robust growth at its Bramaderos gold-copper project with a 3.6Moz AuEq resource and substantial exploration targets. Drilling at Copete and Porotillo prospects confirmed mineralisation continuity, underpinning potential resource upgrades.

Somerset Minerals advances exploration at its Coppermine Project with resumed drilling at Jura North delivering strong copper intercepts, while a newly identified 17km Talisker corridor emerges as a high-priority target with exceptional geochemical signatures.

Latitude 66 has locked in exploration permits for its high-grade KSB gold-cobalt project in Finland following a key legislative amendment, while its Laverton drilling campaign in Western Australia continues to reveal promising gold mineralisation with potential for resource growth.

Eminence Minerals has completed the divestment of its Alturas Antimony Project to Maxus Mining, receiving cash and shares that bolster its balance sheet while maintaining exposure to antimony.

Bubalus Resources has streamlined its project portfolio and cut corporate costs, sharpening its focus on priority gold and critical minerals assets in Victoria and the Northern Territory.

Killi Resources has appointed former Fortescue CEO Nev Power as Non-Executive Chair and secured $1.4 million through a share placement led by Power and other key executives. The capital will support exploration at Mt Rawdon West and new growth initiatives.

ActivEX Limited has secured $421,753 through a placement of over 21 million shares at a slight discount, locking in investors for 12 months. The funds aim to boost exploration projects and shore up working capital.