Latest Metals Exploration News

Rapid Critical Metals has agreed to sell its Ingersoll project and completed the sale of Tin Mountain, both in South Dakota, to Iris Metals, receiving a mix of shares and cash payments.

Lunnon Metals reports significant high-grade gold assay results from infill drilling at its Hustler prospect, confirming two distinct mineralised structures and moving closer to an initial Mineral Resource estimate. Meanwhile, exploration at Defiance West reveals structural complexity with anomalous base metals but no significant gold yet.

S2 Resources has commenced RC drilling at its West Murchison Project, targeting a significant copper-platinum-palladium-gold soil anomaly. Results expected by early October could unlock new resource potential.

Golden Deeps Ltd has contracted Terratec to conduct a comprehensive Induced Polarisation survey at its Graceland Prospect in Namibia, aiming to pinpoint high-grade copper, silver, zinc, lead, and germanium sulphide targets along a 2km mineralised corridor.

Enterprise Metals Limited has addressed recent sharp price and volume movements in its shares, attributing the activity to upcoming drilling programs and positive market sentiment in rare earth elements and critical minerals.

NIMY Resources is set to release its maiden JORC Inferred Resource for gallium at the Mons Project in Western Australia, amid promising copper exploration results and strategic US market partnerships.

Kali Metals Limited has successfully completed a placement raising approximately A$1.2 million through the issuance of new shares at A$0.14 each, reinforcing its capital position amid ongoing exploration efforts.

Nex Metals Explorations has partnered with the Wangkatja Tjungula Aboriginal Corporation to reprocess historic gold tailings at Kookynie, sharing profits and embedding cultural stewardship in rehabilitation efforts.

Resource Minerals International Ltd has acquired a 50% interest in a Saudi Arabian joint venture, gaining access to the highly prospective Shaib Marqan gold and base metals exploration licence. This move positions RMI to leverage Saudi Arabia’s expanding mining sector under Vision 2030 reforms.

Nimy Resources has identified three key conductive plates near a major magnetic anomaly at its Masson discovery, suggesting a significant extension of copper-nickel mineralisation at depth within the Mons Project, WA.

Dreadnought Resources has completed a comprehensive drilling campaign at its Mangaroon project, revealing encouraging gold intercepts at Steve’s Reward and significant niobium mineralisation at Stinger. Further assay results are anticipated in the coming months, underpinning the company’s push towards open pit mining.

Fortuna Metals Limited has officially changed its name from Lanthanein Resources Ltd and updated its ASX ticker from 'LNR' to 'FUN', effective 20 August 2025. The company also unveiled a new website and detailed its post-consolidation capital structure.