Latest Lithium Exploration News

Power Minerals Limited has launched a new options offer linked to a recent $1.3 million placement, alongside updates on key project acquisitions and divestments. The prospectus outlines significant risks and strategic directions as the company navigates growth and financial challenges.

New Age Exploration has finalized the sale of its Lochinvar Metallurgical Coal Project, entering a royalty agreement that could yield up to A$15 million, while sharpening its focus on gold and lithium assets in Australia and New Zealand.

IRIS Metals has expanded its lithium exploration footprint in South Dakota by acquiring the 752-hectare Tin Mountain Extension, advancing its position as a leading US lithium explorer. Phase II drilling is underway, with assay results and a maiden resource estimate expected by late 2025.

Lightning Minerals has inked a binding deal to acquire Lotus Minerals, gaining advanced gold and copper projects in Queensland and New South Wales, with drilling set to commence within eight weeks. This strategic move diversifies its portfolio and taps into buoyant commodity markets.

Critical Resources Limited has unveiled final assay results from its 2024 drilling campaign at the Mavis Lake Lithium Project, revealing high-grade spodumene mineralisation beyond its current resource estimate and highlighting significant expansion potential.

Charger Metals NL has secured a significant farm-in agreement with Rio Tinto Exploration to fund up to $43.7 million at its Lake Johnston lithium project, while confirming high-grade spodumene discoveries at multiple prospects. The company also highlights promising exploration potential at its Bynoe Lithium Project in the Northern Territory.

Macarthur Minerals has acknowledged breaching ASX conditions by issuing equity securities without approval and will seek shareholder consent to amend terms and comply with listing rules.

Wildcat Resources has announced a A$5 million on-market share buy-back, leveraging its strong cash position to enhance shareholder value and capital structure amid optimism for its Tabba Tabba Lithium Project.

Astute Metals has reported its broadest lithium mineralisation intersection to date at the Red Mountain Project in Nevada, with a standout 95-metre intercept grading 1,340ppm lithium. These results reinforce the project's potential as a high-grade lithium clay deposit in a prolific US lithium region.

Galan Lithium has locked in a A$20 million equity placement from strategic partner Clean Elements, providing crucial funding to complete Phase 1 construction of its Hombre Muerto West lithium project in Argentina, targeting first production in early 2026.

Zenith Minerals has opened a fully underwritten $3.5 million entitlement offer, inviting shareholders to subscribe for new shares with free attaching options, aiming to bolster its gold and lithium exploration projects.

Lithium Energy Limited has completed a 38km passive seismic survey at its White Plains Lithium Brine Project in Utah, revealing a promising Half Graben Basin structure up to 600 metres deep. This milestone sets the stage for advanced geophysical surveys and targeted drilling to define lithium resources.