Latest Metals Exploration News

Askari Metals has successfully closed an oversubscribed rights issue raising approximately $1.6 million to accelerate exploration at its promising Nejo Gold and Copper Project in Ethiopia and the Uis Project in Namibia.

Magmatic Resources has launched a $3.5 million exploration drilling program at its Myall FJVA Project in partnership with Fortescue, targeting promising gold-copper porphyry deposits. The program includes both aircore and diamond drilling, alongside a geophysical survey, with initial results expected in early 2026.

Venari Minerals reports robust lithium assay results from two drill holes at its Red Mountain project in Nevada, setting the stage for a maiden resource estimate and a wave of upcoming news.

Marimaca Copper Corp. reports a robust working capital position supported by recent capital raises, while managing a complex receivable linked to a liquidation process. The company remains well-positioned to fund operations over the next year but faces uncertainties beyond that horizon.

Celsius Resources has raised £0.53 million through a share placement on AIM, providing essential working capital as it progresses feasibility studies and financing for its MCB Project.

Mount Hope Mining has completed Phase 1 drilling at its Mt Solitary gold target with promising results and is set to begin Phase 2 drilling, while advancing a broader portfolio of base metal prospects and regional land acquisitions in the prolific Cobar Basin.

Reward Minerals has signed a binding Letter of Intent to acquire the Copper Lance Project in Newfoundland, a promising volcanogenic massive sulphide deposit with historic high-grade copper and silver results. The company plans to fast-track exploration to unlock value in this underexplored Canadian terrane.

Galileo Mining has initiated a large-scale gravity survey at its Norseman project in Western Australia, aiming to deepen geological insights ahead of a targeted drilling campaign. The survey covers key prospective zones near the significant Callisto deposit and Mission Sill prospect.

Charger Metals has launched a fresh reverse circulation drilling campaign at its Lake Johnston project, targeting overlooked gold and lithium zones with backing from Rio Tinto Exploration. Historic gold intercepts at the Richard Gold Prospect are now being revisited after a decade-long hiatus.

Impact Minerals is reigniting exploration at its vast Broken Hill project in NSW, leveraging rising metal prices and a proprietary multi-metal ratio to uncover high-grade platinum group metals and base metals.

Basin Energy has engaged contractors and secured land access to begin maiden drilling at its Sybella-Barkly project, targeting uranium and rare earth elements with government support. The program aims to test district-scale sediment-hosted and paleochannel targets in Queensland.

Battery Age Minerals has successfully raised A$5.5 million to accelerate drilling and exploration across three continents, targeting strategic metals vital for future technologies.