Latest Mineral Exploration News

Pinnacle Minerals has scrapped its planned second tranche placement, aiming to reduce shareholder dilution and maintain a leaner capital structure as it advances exploration milestones.

Metals Australia has successfully expanded its Manindi West Vanadium-Titanium-Magnetite (VTM) discovery, confirming mineralisation over a strike length exceeding 1,000 metres and intersecting significant mineralisation in 13 of 14 drill holes. Early metallurgical results show promise for commercially attractive concentrate products, with further assay results pending.

Brazilian Critical Minerals Ltd has produced a high-grade mixed rare earth carbonate with 52.5% total rare earth oxides and 41.5% magnet rare earth oxides from its Ema Project field trials, validating a low-capital in-situ recovery process.

Ragnar Metals has confirmed multiple high-grade gold and silver zones at its Harnäs Project in Sweden, including a promising new target at Silvergruvan. The company is gearing up for a maiden diamond drilling campaign in early 2026 to further explore these discoveries.

Encounter Resources reports significant extensions of shallow, high-grade niobium mineralisation east of its Green Mineral Resource Estimate at the Aileron Project, with promising drill results and a major development program planned for 2026.

Skylark Minerals Limited has applied for ASX quotation of 17,577,446 fully paid ordinary shares linked to a previously announced placement, with further shares pending shareholder approval.

Sierra Nevada Gold (ASX – SNX) has won the rights to explore the expansive As Safra copper-gold project in Saudi Arabia, marking a strategic expansion into a high-potential mining district aligned with the Kingdom’s Vision 2030 ambitions.

Augustus Minerals announces the sudden resignation of CEO Dr James Warren, with interim leadership stepping in as the company begins its search for a successor.

Pacgold Limited has identified a significant 14-kilometre gold and antimony soil anomaly at its St George Project in northeast Queensland, setting the stage for a major drilling campaign in mid-2026.

Somerset Minerals Limited has launched a C$2.25 million flow-through share offer targeting Canadian investors, aiming to accelerate exploration activities at its Jura project. The capital raise complements a planned institutional placement and highlights both growth ambitions and inherent risks.

Zeus Resources has secured Forestry Department approval to begin trenching at its Casablanca Antimony Project in Morocco, clearing a key regulatory hurdle for exploration. The program aims to refine geological understanding and target high-grade antimony mineralization.

Nova Minerals Limited has voluntarily suspended trading of its shares on the ASX pending a capital raising announcement expected on 17 December 2025.