Latest Mineral Discovery News

Heavy Rare Earths Limited (ASX:HRE) is raising approximately $728,000 through a non-renounceable entitlement offer priced at 2.8 cents per share, accompanied by free-attaching options exercisable at 6 cents. The capital raise aims to fund maiden drilling programs and a strategic review across its key projects.

Stelar Metals has reported exceptional high-grade tungsten assays from Phase 2 sampling at Hill of Leaders, with grades up to 15.7% WO3 extending mineralisation beyond previous footprints. The company is gearing up for its first 3,000m reverse circulation drilling program amid strong market conditions for tungsten.

Blaze Minerals has reported significant copper, lead, and zinc mineralisation at its Krokodil Prospect within Botswana’s Dinokwe Project, supported by trenching and rock-chip sampling results. The company is advancing exploration amid tight cash reserves, aiming for a capital raise to sustain operations.

New Age Exploration (ASX: NAE) has revealed a significant new shear-hosted gold discovery at its Lammerlaw Project in New Zealand, with drill hole LAMRC015 intersecting 24 metres at 1.66 g/t Au. This breakthrough expands the potential of the Lammerlaw Mineral Trend, a 5-kilometre prospective zone hosting multiple metals.

Askari Metals is deepening government and community partnerships in Ethiopia while advancing operational readiness at its Nejo Gold-Copper Project, positioning for imminent exploration activity.

Nimy Resources (ASX: NIM) responds to ASX query following a sharp share price fall, confirming pending assay results from recent sampling but no undisclosed information explaining the trading.

Platina Resources has identified new gold mineralised corridors at its Mt McKenna project in WA, highlighted by significant aircore drill intercepts including 1m at 7.10g/t Au. The discovery supports plans for deeper reverse circulation drilling backed by a government grant.

Chilwa Minerals has more than doubled the Mineral Resource at its Mpyupyu heavy mineral sands deposit to 109.6 million tonnes, with nearly 90% now in Measured and Indicated categories, setting the stage for potential development within its Chilwa Critical Minerals Project in Malawi.

Litchfield Minerals, supported by BHP Xplor, has transformed its view of Harts Range into a belt-scale copper-nickel mineral system, identifying a key deep conductor beneath known prospects and planning detailed surveys to unlock drill targets.

Trek Metals has kicked off its first Reverse Circulation drilling campaign at the Kuro manganese discovery near Christmas Creek, aiming to test the depth and extent of high-grade mineralisation identified at surface.

Chilwa Minerals’ latest assays from drill hole MPYDD007 at Nakombe South in Malawi confirm a multi-commodity critical minerals system with significant niobium, tantalum, rare earth elements, and gallium mineralisation. The company has defined a maiden conceptual Exploration Target and is advancing drilling towards a maiden Mineral Resource.

Dreadnought Resources has identified three extensive gold trends at Illaara’s CRA Homestead target, with follow-up infill drilling set to sharpen the picture of this emerging system.