Latest Metals Exploration News

Power Minerals Limited has identified significant rare earth element potential at its prospective Santa Anna niobium carbonatite project in Brazil, signing a binding letter of intent to acquire the asset and planning immediate drilling to define an exploration target.

Future Metals NL has addressed an ASX price query by confirming the release of drilling results from its Eileen Bore Prospect, attributing recent trading activity to investor anticipation and compliance with disclosure rules.

Pivotal Metals’ recent FLTEM survey at Horden Lake reveals large undrilled conductors, signaling significant potential for resource expansion both near surface and at depth. The findings set the stage for a robust drilling campaign aimed at unlocking substantial copper-nickel-PGM mineralisation.

Perpetual Resources has reported outstanding high-grade tin, tantalum, titanium, and niobium mineralisation from reconnaissance sampling at its Itinga Project in Brazil, revealing significant exploration upside in a historically underexplored region.

MinRex Resources has closed its pro-rata non-renounceable entitlement option offer, raising $97,581 with a significant shortfall still available for subscription over the next three months.

Eagle Mountain Mining has closed its renounceable entitlement offer, raising $1.62 million to advance copper and base metals exploration at its Silver Mountain and Wedgetail projects in Arizona.

Arika Resources has identified extensive gold-bearing quartz reefs stretching over 4.5 kilometres at Banjo's Camp within the Yundamindra Gold Project, with rock chip samples grading up to 5.3 g/t Au. This discovery significantly expands the project's exploration potential ahead of planned drilling campaigns.

DMC Mining Limited has extended the closing date for its public share offer to May 8, 2025, due to delays in obtaining exploration licenses for its Firawa and Labe Projects in Guinea. The company plans to lodge a second supplementary prospectus to adjust regulatory conditions accordingly.

Enova Mining reports multiple drill intercepts exceeding 15% titanium dioxide at its CODA North project, highlighting significant co-mineralisation with rare earth elements and reinforcing the project's multi-commodity potential.

Antares Metals has identified several promising exploration targets at its Conglomerate Creek project through detailed magnetic and gravity surveys, with 3D modelling underway to refine these findings.

Tyranna Resources reports promising diamond drilling results at its Namibe Lithium Project in Angola, intersecting well-mineralised spodumene pegmatites and high-grade pollucite. The company is advancing exploration with plans for further drilling and new prospecting titles.

Nex Metals Explorations Ltd reports steady progress on its Kookynie Gold Tailings Project and updates on Yundamindra drilling results, supported by a robust funding position.