Latest Lithium Exploration News

Chariot Corporation has extended the deferral period on its convertible notes with Obsidian Global, issuing 1.75 million shares as part of the amendment. This move delays potential dilution while reinforcing investor support.

Perpetual Resources is set to commence its first-ever drilling campaign at the Igrejinha Lithium Project in Brazil’s Lithium Valley, targeting high-grade spodumene pegmatites with results expected in July.

Galileo Mining has agreed to extend key terms of its lithium joint venture with Mineral Resources at the Norseman project, adjusting payment timelines and earn-in periods to support ongoing exploration.

Askari Metals has reported partial uptake in its recent entitlement offer for new options, raising about half of the targeted funds, with plans underway to complete the shortfall. The move supports ongoing exploration projects in lithium and uranium.

Astute Metals has intersected two distinct lithium mineralisation zones in its latest drill-hole at the Red Mountain Project, Nevada, reinforcing its Exploration Target and geological model.

Perpetual Resources has identified a significant high-grade lithium soil anomaly extending over 1.4 kilometres at its Igrejinha Project in Brazil’s Lithium Valley, setting the stage for maiden drilling in June.

Greenwing Resources confirms NIO Inc.'s subsidiary did not exercise its call option on Andes Litio SA, while advancing exploration at the San Jorge Lithium Project in Argentina.

Bubalus Resources has secured heritage clearance for a key 40-hectare area at its Yinnietharra Lithium Project, paving the way for exploration drilling at the promising Malinda East target adjacent to a major lithium deposit.

Askari Metals has launched Phase I exploration on its EPL 7626 licence at the Uis Project in Namibia, aiming to uncover polymetallic mineralisation including lithium, tin, and tantalum. The program leverages advanced remote sensing and rapid on-site analysis technologies to identify buried pegmatite targets.

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.