Latest Metals News

Latrobe Magnesium Limited has successfully closed an oversubscribed Share Purchase Plan, raising $836,800 to fund its Demonstration Plant operations in Victoria. This capital injection supports the company’s pioneering sustainable magnesium extraction efforts.

Novo Resources reported a reduced net loss of CAD 1.625 million in Q1 2025, progressing exploration with a new aircore drilling program in Western Australia while facing liquidity challenges that cast doubt on its near-term financial sustainability.

FireFly Metals reports significant high-grade copper and gold intersections extending over 200m beyond its current Mineral Resource at the Green Bay Project, prompting an aggressive expansion to seven drill rigs. Strong geophysical signals suggest substantial further resource growth potential.

Marmota Limited has agreed to sell its West Melton copper tenement to G4 Metals in a $1 million share deal, tying its returns to G4’s planned 2026 IPO and resource milestones.

Lunnon Metals has announced its inaugural Mineral Resource Estimate for the Lady Herial gold deposit, marking a rapid progression from discovery to resource in just 15 months. The shallow, high-grade deposit is poised for fast-tracked development amid strong gold prices.

Leeuwin Metals has confirmed extensive shallow, high-grade gold mineralisation across a 1.6km trend at its Evanston Prospect within the Marda Gold Project, Western Australia, setting the stage for a busy exploration season.

Antares Metals has kicked off a second phase of RC drilling at its Surprise Copper Project in Queensland, targeting new geophysical anomalies and high-grade zones to expand mineralisation.

Alligator Energy has announced a significant upgrade to its Blackbush Deposit uranium resource, increasing the Indicated Mineral Resource by 10% following a successful 2024 drilling campaign. This enhancement strengthens the Samphire Project’s feasibility outlook and supports plans for higher production rates.

Askari Metals has revealed a promising reinterpretation of historical data at its Uis Project in Namibia, highlighting significant tin, tantalum, and rubidium mineralisation adjacent to an operating mine. The findings set the stage for an expanded exploration campaign.

AuMEGA Metals has reported significant gold mineralization from its winter drilling program at the Bunker Hill Project in Newfoundland, revealing a major structure with strong assay results and setting the stage for expanded mid-year diamond drilling.

Augustus Minerals advances exploration at its Ti-Tree Money Intrusion project, planning a detailed Moving Loop EM survey to refine drill targets following promising VTEM results and nearby discoveries.

Ioneer Ltd reveals promising Falcon gravity concentration testwork results that enhance lithium grade and yield at its Rhyolite Ridge project, underpinning future expansion potential.