Latest Mineral Exploration News

Vita Resources has raised $2.9 million through a heavily supported share placement to accelerate exploration at its Australian and Canadian projects, while pursuing new gold and critical minerals opportunities.

Evolution Energy Minerals (ASX:EV1) is set to launch its maiden drilling campaign at Tanzania's Chikundo Copper Project, targeting multiple high-confidence copper anomalies defined by recent soil sampling and historical data.

Heavy Rare Earths Limited has appointed Jason Barnett as Managing Director and CEO, aiming to leverage his extensive mining experience as the company advances its critical minerals projects and prepares for a maiden drilling campaign.

Burley Minerals has closed its Share Purchase Plan (SPP) after receiving applications beyond the $300,000 target, following a recent $700,000 placement. The company may scale back or accept all applications at its discretion, with shares expected to be issued on 12 June 2026.

Lightning Minerals has locked in A$1.85 million through a two-tranche placement to accelerate drilling and exploration at its Mt Turner Gold Project, underpinning its strategic pivot to gold-led growth.

Cosmo Metals has reported robust rock chip assays from its Everest-Mona-Victory Trend in NSW, revealing significant copper, gold, and silver mineralisation and advancing towards its first drill program.

TG Metals has lodged a mining lease application for its Burmeister lithium deposit, targeting early-stage direct shipping ore development amid a buoyant lithium market.

Altair Minerals has brought on geoscience veteran Simon Bolster as Technical Advisor to refine drill targets and accelerate exploration at its Greater Oko gold project, leveraging his expertise in regolith geochemistry and rapid assay technology.

FMR Resources has received final assays from drillhole 26LHDD073 at its Southern Porphyry target, confirming extensive copper-gold-molybdenum mineralisation and supporting the interpretation of a large porphyry system. Ongoing integration of geological and geophysical data aims to refine targets ahead of Phase II drilling.

Hawk Resources has dispatched materials for a $1.97 million non-renounceable entitlement offer priced at 3 cents per share, offering shareholders free options and a chance to apply for shortfall shares.

Manhattan Gold Corporation has gained final regulatory approval and a CA$250,000 grant to kick off its maiden 4,000m RC drilling campaign at the Hook Lake Project in Nunavut, Canada.

Magnetite Mines initiates a leadership overhaul and strategic reset to cut costs and pursue phased development of its Razorback Iron Ore Project amid challenging market conditions.