Latest Lithium Exploration News

Zenith Minerals advances its Split Rocks Project with the discovery of new regional shear structures and encouraging gold results from initial drilling at the Fuego prospect, signaling untapped potential beyond its flagship Dulcie Far North site.

Trinex Minerals is set to seek shareholder approval for a significant 127:1 share consolidation aimed at streamlining its capital structure and enhancing investor appeal. The move also adjusts options and performance rights accordingly.

Pioneer Lithium has completed the second tranche of its capital raising, issuing 1.6 million shares to directors following shareholder approval. This move strengthens the company’s capital base as it advances its lithium exploration ambitions.

Resource Mining Corporation has raised $2 million through a share placement to accelerate copper-gold exploration in Tanzania, with strong backing from directors including Chairman Asimwe Kabunga.

Atlantic Lithium has announced the discovery of spodumene pegmatite with high-grade lithium assays at its Agboville and Rubino licences in Côte d’Ivoire, marking a significant expansion beyond its flagship Ghana project.

Oceana Lithium Limited has successfully raised $667,000 through a discounted share placement, attracting strong support from institutional and high-net-worth investors. The funds will accelerate exploration and development across its Australian and Brazilian lithium assets.

Macarthur Minerals has secured $250,000 through unsecured convertible notes to bolster its working capital and support ongoing operations amid challenging market conditions.

Great Divide Mining has confirmed the Challenger Gold Mine is ready for commissioning, marking a key step towards first gold production under the Adelong Venture Agreement.

Trinex Minerals announces a A$1 million two-tranche capital raising, including director participation and plans for a potential share consolidation.

Yari Minerals has agreed to acquire the Rolleston South Coal Project, adding a JORC-compliant inferred resource of 78.9 million tonnes in Queensland’s Bowen Basin. The deal includes shares and performance rights, with plans to expand and upgrade the resource through drilling.

Medallion Metals and IGO have revised terms for Medallion’s acquisition of the Forrestania Nickel Operation, securing full asset ownership with a royalty on future gold production. The transaction targets completion by late 2025, underpinning a new gold-copper producer in Western Australia.

Perpetual Resources has appointed ServDrill Brazil to begin its inaugural lithium drilling campaign at the promising Igrejinha Project in Brazil’s Lithium Valley, targeting high-grade spodumene mineralisation along a 1.4km pegmatite corridor.