Latest Metals Exploration News

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.

MetalsGrove Mining Limited reports promising exploration results with four new gold-copper prospects identified at its Bruce Project and significant zinc-copper-lead mineralisation confirmed at Edwards Creek, underpinning its 2025 exploration plans.

Basin Energy has completed its acquisition of a promising uranium and green energy metals portfolio in Scandinavia, marking a significant expansion into a historically overlooked region. The move positions the company to leverage emerging opportunities in the Nordic green energy sector.

Nex Metals Explorations has repriced and partially completed its capital raise, securing $1.06 million at a reduced share price to fund development and exploration activities.

Basin Energy advances its Scandinavian uranium exploration with new land applications and awaits key sampling results, buoyed by Sweden's move to lift its uranium mining ban.

Advance Metals Limited has entered binding agreements to acquire significant interests in high-grade gold projects in Victoria, Australia, and a major silver project in Durango, Mexico, expanding its precious metals portfolio amid record metal prices.