Latest Lithium Exploration News

Patagonia Lithium has advanced drilling at its Formentera lithium project in Argentina to 308 metres, revealing encouraging porosity and brine characteristics that suggest strong lithium potential. Six successful packer tests indicate increasing brine concentration and flow rates, with further drilling planned to deepen the resource understanding.

Patagonia Lithium Ltd has successfully raised A$2.9 million through a private placement, aiming to fast-track drilling and feasibility studies at its flagship Formentera Project in Argentina.

PMET Resources has delivered a positive feasibility study for its flagship Shaakichiuwaanaan lithium project, announcing a maiden mineral reserve and advancing exploration and corporate initiatives. The company also acquired the adjacent Pikwa Property and reported strong drilling results, maintaining a solid cash position.

Venari Minerals has announced a maiden inferred Mineral Resource Estimate of 3.03 million tonnes of Lithium Carbonate Equivalent at its Red Mountain Lithium Project in Nevada, positioning it as a major new lithium contender in North America.

Scorpion Minerals has taken a significant step forward with a binding option to acquire the Old Prospect gold tenements and forged strategic partnerships to advance its gold and lithium projects in Western Australia.

First Lithium Limited is progressing towards critical milestones with pending license renewals in Mali expected soon and a maiden Mineral Resource Estimate on the horizon, supported by recent funding injections.

Rubix Resources has reported assay results from its Queensland Paperbark Project that align with expectations, revealing significant zinc, lead, and copper mineralisation. The company also advances exploration across multiple projects and pursues new asset acquisitions.

European Lithium Limited has bolstered its cash reserves with over A$300 million from share sales in Critical Metals Corp, while delivering promising high-grade rare earth drilling results at its Greenland Tanbreez Project.

Alchemy Resources reported strong exploration progress in lithium, iron ore, and base metals across Western Australia and New South Wales, highlighted by promising drill results and strategic joint ventures.

Cassius Mining Limited is progressing joint venture discussions for its high-purity Soalara Limestone Project in Madagascar while pursuing a significant international arbitration claim against Ghana. The company also raised $1.16 million in a recent share placement, bolstering its cash position.

Charger Metals NL has retained 100% ownership of its Lake Johnston Lithium and Gold Project after Rio Tinto Exploration withdrew from their farm-in agreement. The company also reported a maiden lithium resource at Medcalf and uncovered significant high-grade gold intercepts at the Xmas Gold Discovery.

Energy Transition Minerals signals the end of its strategic partnership with Shenghe, seeking ASX approval to lapse the Top-Up Right tied to their 2016 agreement. This marks a pivotal change as ETM diversifies beyond its Greenland rare earths project.