Latest Junior Mining Companies News

Desert Metals Limited has launched a significant diamond drilling program at its King Kong prospect in Côte d’Ivoire, following promising geophysical surveys and aircore drilling results. The company also secured $2.11 million in a recent placement to fund ongoing exploration.

E79 Gold Mines Limited reported a solid cash position of AUD 2.11 million at the end of June 2025, balancing ongoing exploration costs with fresh financing inflows. The quarterly cash flow report reveals how the company is managing its funding amid active gold exploration.

Mount Hope Mining Limited has successfully closed its Loyalty Option Offer, which was oversubscribed by almost 100%, raising $103,125 to support its exploration ambitions.

Krakatoa Resources secures $1.3 million via placement to fund a maiden diamond drilling campaign at its Zopkhito Project in Georgia, aiming to upgrade foreign resource estimates to JORC standards.

New Frontier Minerals has completed a $1.59 million share placement, issuing over 142 million new shares to fund its key exploration projects in rare earths and copper.

Evolution Energy Minerals has landed a US$2 million convertible note commitment from major shareholder ARCH PCC EM SRF to support its Kudu Graphite subsidiary, aiming to accelerate development of the Chilalo Graphite Project.

Macarthur Minerals Limited has launched a pro-rata entitlement offer to raise nearly $2 million, issuing new shares with free attaching options, fully underwritten by Gold Valley Yilgarn Pty Ltd. The capital raise aims to advance exploration and development at its Giles Lake Iron Project and support corporate operations.

Tasman Resources Ltd has announced a renounceable pro-rata rights issue aiming to raise up to $3.68 million to finance exploration drilling at its Parkinson Dam project and reduce shareholder debt. Major shareholders plan to fully subscribe, using loan repayments to offset their entitlements.

S2 Resources reported significant progress across its Australian and Finnish projects during the March 2025 quarter, completing key geophysical surveys and drilling programs while maintaining a solid cash balance of A$2.2 million.

Ausmon Resources Limited has announced a Share Purchase Plan offering up to 300 million shares at a discounted price to raise $540,000, aiming to reduce borrowings and fund exploration activities.

EV Resources Limited has responded to ASX inquiries confirming the material impact of China's molybdenum export controls and recent high-grade antimony assay results on its securities.

Eagle Mountain Mining has closed its renounceable entitlement offer, raising $1.62 million to advance copper and base metals exploration at its Silver Mountain and Wedgetail projects in Arizona.