Latest Metals News

Terrain Minerals has reported robust high-grade gold intersections from its latest drilling at the Lightning prospect within the Smokebush Project, reinforcing the potential for a significant new gold system in Western Australia.

S2 Resources has significantly expanded its Jillewarra project area over a highly prospective gold shear zone and completed drilling at West Murchison, with assay results pending. Meanwhile, Glenlogan assays returned no significant mineralisation.

FBR Limited has successfully placed the shortfall from its recent Share Purchase Plan, raising an additional $288,910 through issuing over 64 million shares. This capital injection supports the company’s ongoing development of its innovative robotic technologies.

Venari Minerals has completed a $4.1 million placement, bolstering its efforts to advance key lithium and gold projects, including a maiden resource estimate at Red Mountain.

Warriedar Resources Limited (ASX, WA8) has moved closer to acquisition by Capricorn Metals Ltd (ASX, CMM) through a court-approved scheme offering Warriedar shareholders a significant premium. The transaction promises exposure to Capricorn's producing assets and diversification benefits.

Advance Metals Limited has responded to an ASX query clarifying its compliance with disclosure rules and marketing practices, while updating on its funding status and capital raise plans.

Manuka Resources has gained approval for a secondary listing on the New Zealand Stock Exchange, enhancing trading access for local shareholders and supporting its strategic growth in critical and precious metals projects across New Zealand and Australia.

Future Metals NL has responded to an ASX price query following a sharp rise in its share price and trading volume, confirming no undisclosed information but highlighting progress on appointing a new CEO.

Everest Metals Corporation Ltd has completed a $4 million capital raise through a share placement, issuing over 38 million new shares to sophisticated investors. The move, approved by shareholders, strengthens the company’s financial position without triggering additional disclosure requirements.

QMines Limited has raised $7.5 million through a strongly supported placement to accelerate exploration at its Mt Mackenzie, Mt Chalmers, and Develin Creek projects, positioning the company for growth in gold and base metals.

IperionX has received an additional $25 million from the U.S. Department of War to accelerate titanium production at its Virginia facility, reinforcing domestic supply chains for critical defense materials.

Lightning Minerals has completed its first drilling campaign at the Esperança lithium project in Brazil, intersecting multiple thick pegmatite zones that hint at promising lithium potential despite currently low grades.