Latest Metals Exploration News

Infinity Mining has significantly broadened its exploration portfolio across Eastern Australia through key acquisitions and a $2 million capital raise, setting the stage for an active 2025 drilling campaign.

Future Metals NL has identified a promising new mineralised zone at its Eileen Bore Prospect and continues to advance drilling at Target 2, all while implementing strategic cost reductions amid subdued PGM prices.

Asian Battery Metals reports significant high-grade copper-nickel-PGE intercepts at its Yambat Oval project, confirming the potential for a sizeable magmatic sulphide system. The company plans an aggressive exploration campaign in 2025, backed by a solid cash position.

Hammer Metals Limited reports steady progress in its December 2024 quarter with multiple drilling programs underway across its Mount Isa copper-gold projects, while assay results from recent campaigns are eagerly awaited.

Stelar Metals advances exploration at its Baratta Copper Project with new geophysical targets identified in the Bibliando Diapir, reinforcing its potential as a sediment-hosted copper province akin to Africa’s Central Copper Belt.

Energy Metals Limited’s recent drilling at Walbiri South confirms the presence of a key uranium-hosting stratigraphic unit, setting the stage for expanded exploration in the Ngalia Basin.

Leeuwin Metals Limited (ASX:LM1) has secured a transformative acquisition of the Marda Gold Project, significantly enhancing its portfolio with a high-grade gold asset in Western Australia. The company also announced a $3.25 million capital raising to fund extensive exploration across its Australian and Canadian projects.

Sunshine Metals has reinterpreted the Liontown stratigraphy, revealing a 3.5km folded dome structure that opens up six new exploration targets. Drilling at the shallow Tigertown prospect is scheduled to begin in February 2025, potentially expanding the Liontown resource base.

Kali Metals Limited has acknowledged a delay in lodging director interest notices due to an administrative oversight, reaffirming its commitment to ASX compliance and outlining existing disclosure procedures.

Oceana Lithium Limited reports steady progress across its Northern Territory, Western Australia, and Brazil projects, underpinned by a successful $1.2 million capital raise and a solid cash position of $2.7 million.

Buru Energy is progressing steadily on its Rafael Project, aiming for commercial agreements in early 2025 and production by late 2027, while implementing significant cost reductions to sharpen its financial position.

Great Boulder Resources has announced a promising new gold discovery at its Side Well South project, with recent AC drilling intersecting high-grade gold mineralisation near historic workings. Drilling is ongoing, aiming to expand this emerging zone.