Latest Metals News

Mithril Silver and Gold Limited has announced a C$10 million brokered private placement to fund expanded exploration at its Copalquin district project in Mexico. The raise includes an option for agents to increase the placement by 15%, underscoring strong investor interest.

Iltani Resources has reported updated diamond drilling results confirming high-grade silver-indium mineralisation at its Orient West project, setting the stage for a JORC-compliant resource estimate by July 2025.

Perpetual Resources has intersected over 200 meters of continuous lithium-caesium-tantalum pegmatite at its Igrejinha Project in Brazil, revealing promising signs of strategic caesium mineralisation alongside lithium. Initial assay results are expected soon, with further drilling underway to expand the discovery.

European Lithium has sold 0.5 million shares of Critical Metals Corp for US$1.625 million, underscoring the substantial value of its remaining CRML stake, now valued at approximately US$205 million.

Kingsland Minerals has initiated metallurgical testing to explore rutile and gallium extraction from its Leliyn Graphite Project, aiming to enhance project value amid shifting global supply chains.

Strickland Metals reports strong gold assay results from its Gradina Prospect within the Rogozna Project, reinforcing the potential for a maiden resource estimate by late 2025.

Winsome Resources has resumed targeted exploration for high-grade cesium mineralisation at its Sirmac-Clapier Project in Quebec, aiming to define drill targets following promising 2024 results.

Polymetals Resources Ltd has successfully restarted its Endeavor Silver Zinc Mine in NSW, achieving first concentrate production and initial revenues. The company is advancing exploration and strengthening its balance sheet with a recent equity raise.

BPM Minerals has agreed to sell its Claw Gold Project to Capricorn Metals for $1.5 million upfront, with potential milestone payments doubling the deal value. This transaction strengthens BPM’s cash position to fund exploration at its promising Forelands Gold Project near Kalgoorlie.

Resolution Minerals has secured final US Forest Service permits to begin drilling at its Horse Heaven Project, targeting gold, antimony, and tungsten. The company also advances its acquisition, setting the stage for exploration later this year.

Sunshine Metals has launched fieldwork and plans drilling at its Sybil gold project in Queensland, revealing promising geological signs and historic high-grade samples that hint at significant gold potential.

NewPeak Metals has raised A$1.14 million by selling part of its shares in Lakes Blue Energy, aiming to fund its own exploration plans while maintaining a significant stake in Lakes’ promising gas projects.