Latest Metals Exploration News

Kinterra Capital has increased its takeover offer for New World Resources to A$0.067 per share after securing a 39.46% stake, with the New World board unanimously backing the bid and urging shareholders to accept before the August deadline.

Dalaroo Metals has initiated its maiden field program at the Blue Lagoon zirconium, niobium, and rare earth project in Greenland, aiming to validate historic geochemical anomalies and unlock strategic critical minerals. The work is led by a seasoned Greenland geologist and aligns with growing US interest in diversifying rare earth supply chains.

New Frontier Minerals has identified a new heavy rare earth prospect, Old Trafford, at its Harts Range Project, extending mineralisation and advancing plans for maiden drilling.

DY6 Metals has significantly expanded its rutile and heavy mineral sands footprint in Cameroon while uncovering high-grade gallium mineralisation in Malawi, backed by a fresh A$4.625 million capital raise.

Blaze Minerals has completed its acquisition of an 80% interest in the Loulombo Base Metals Project in the Republic of the Congo and is advancing preparations for its maiden drilling campaign.

G50 Corp Limited attributes its recent share price jump to earlier announcements about a new precious metals discovery, confirming no undisclosed information is driving the trading activity.

Sun Silver Limited’s re-assay program at its Maverick Springs Project in Nevada has uncovered silver grades up to 26% higher than historical data, suggesting a significant underestimation in the existing resource. This finding could reshape the project’s valuation and future development plans.

New World Resources has acknowledged an increased takeover offer from Kinterra, triggering a matching rights process with Central Asia Metals. The board signals potential for a superior proposal amid a competitive bidding landscape.

CGN Resources has completed a significant drilling campaign at its Webb Project, uncovering new geological insights, while also expanding its tenement holdings in Western Australia's Leonora gold district and the Paterson Province's Broadhurst Project.

Bryah Resources has exercised its option to acquire the Golden Pike Project in New Brunswick, revealing significant high-grade antimony and gold mineralisation potential supported by historical data and recent drilling.

Midas Minerals has validated three significant gold trends spanning 9km at its Challa Project in Western Australia, using innovative detectORE™ pXRF technology. The company plans further infill sampling to define drill targets while advancing exploration preparations for its Otavi Copper Project in Namibia.

Iltani Resources has completed its JORC infill drilling program at the Orient West Silver-Indium Project in Queensland, delivering multiple high-grade assay results that confirm mineralisation continuity and set the stage for an initial JORC Resource estimate by July’s end.