Latest Metals Exploration News

Nex Metals Explorations has secured a binding agreement to operate the North Hennai gold project in Egypt’s Eastern Desert, marking its strategic entry into one of the world’s most under-explored mining regions with promising production and exploration potential.

Charger Metals has secured approvals for a significant 4,600m drilling campaign at its Lake Johnston Lithium and Gold Project, fully funded by Rio Tinto Exploration. This move aims to build on recent resource milestones and explore new lithium targets in Western Australia.

Lunnon Metals has formalized an Ore Purchase Agreement with Gold Fields subsidiary St Ives Gold Mining, setting the stage for development of the high-grade Lady Herial gold deposit. The agreement outlines a 70, 30 free cash flow split and awaits shareholder and regulatory approvals.

DY6 Metals has completed a $245,000 placement to directors, with key insiders further demonstrating confidence through on-market share purchases and option exercises totaling over $115,000.

Tambourah Metals has announced the immediate departure of CEO and exploration manager Terry Topping, while reaffirming its strong funding position to continue advancing its gold and critical minerals projects.

Falcon Metals has confirmed exceptionally high-grade gold mineralisation at its Blue Moon project in Victoria’s Bendigo Zone, with drill results including 1.2 metres at 543 grams per tonne gold. This breakthrough underscores the untapped potential of the historic Bendigo Goldfield extending onto Falcon’s tenure.

Bastion Minerals has appointed seasoned geologist Ray Muskett to its board and secured shareholder approval to issue up to 750 million new shares, positioning the company for an accelerated exploration phase.

Cobalt Blue Holdings has raised $2.5 million through a $1 million institutional placement and a $1.5 million placement agreement with Lind Global Fund III, aiming to advance its cobalt refinery and exploration projects.

Marquee Resources has announced its inaugural inferred mineral resource at Eastern Hills, revealing 6,800 tonnes of antimony equivalent metal and setting the stage for further exploration in a promising underexplored district.

Askari Metals has agreed to sell its Australian gold assets to Forrestania Resources for A$700,000, enabling a strategic pivot towards its promising African exploration projects.

Tambourah Metals reports exceptional shallow gold intersections at its Tambourah King prospect, reinforcing the project's potential and setting the stage for further exploration and resource estimation.

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.