Latest Mineral Exploration News

Moonlight Resources Limited is set to raise A$10 million through a fully underwritten IPO, targeting exploration and development of its diverse mineral projects across Australia. The offer includes 50 million shares priced at $0.20 each, with free options attached.

Regis Resources revises its exploration update, reaffirming strong growth prospects at key underground and open pit targets across its Duketon and Tropicana gold projects.

Pure Resources has verified the presence of large to jumbo flake graphite at its Garnet Hills project in Western Australia, highlighting its potential for premium pricing and strategic US downstream applications.

Ariana Resources has inked a strategic term sheet with Hongkong Xinhai Mining Services Ltd., unlocking A$8 million in immediate funding and technical support to fast-track the Dokwe Gold Project in Zimbabwe.

Forrestania Resources has launched a conditional all-scrip takeover offer for Kula Gold, valuing the company at approximately $42.7 million. The Kula board unanimously recommends acceptance, highlighting strategic regional consolidation and operational synergies.

APC Minerals Limited has initiated a fully underwritten pro-rata renounceable entitlement offer to raise approximately $1.38 million at $0.004 per share, aiming to fund its exploration projects and working capital needs.

Core Energy Minerals has raised $2.75 million through a share placement to fund critical minerals exploration and the acquisition of the Itambe Rare Earth Project in Brazil, backed by strong institutional support.

TechGen Metals reports impressive high-grade gold assays up to 39.3g/t from rock chip samples at its newly acquired Dalgaranga Gold Project in Western Australia, highlighting a promising exploration opportunity along a major regional shear zone.

Rox Resources has opened a $10 million Share Purchase Plan at a 19.9% discount, inviting eligible shareholders to invest in the development of its Youanmi Gold Project. The offer runs through mid-December, aiming to bolster exploration and working capital.

Minerals 260 Limited has doubled the Mineral Resource Estimate for its Bullabulling Gold Project to 4.5 million ounces, positioning it among Australia’s top gold assets. The update follows extensive 2025 drilling and sets the stage for a Pre-Feasibility Study targeting production by late 2028.

Mithril Silver and Gold Limited reports exceptional high-grade gold and silver assay results from its Copalquin district in Mexico, underpinning a major expansion of this epithermal system ahead of a fully funded 2026 drilling campaign.

Alvo Minerals Limited has issued a small, invitation-only share offer to remove trading restrictions on recently issued shares, while highlighting ongoing funding and operational risks tied to its Brazilian copper-zinc projects.