Latest Mineral Targets News

Octava Minerals has outlined a colossal exploration target of up to 7.4 billion tonnes of mineralised black shale at its Byro Project, featuring rare earths, lithium, and vanadium grades that align with promising bioleaching recoveries. Further drilling and metallurgical testing aim to advance the project towards a maiden resource.

Norwest Minerals is raising $1.89 million through a partly underwritten 1-for-4 entitlement offer priced at $0.007 per share to fund key stages of its Bulgera Heap Leach Scoping Study and secure solvency for FY2026. The offer is supported by director and major shareholder commitments and opens to eligible shareholders on 21 July 2026.

Breakthrough Minerals has launched a significant diamond drilling program at its Turpentine copper-gold deposit in North West Queensland, aiming to expand its largest resource within the Hazel Creek Copper-Gold Project.

Pursuit Minerals has kicked off diamond drilling at the Mito tenement, aiming to unlock a vast lithium brine system that could significantly boost its Rio Grande Sur resource. The drill program follows advanced geophysical work and a recent resource upgrade, positioning the project for potential long-term growth.

Vertex Minerals launches a $2.5 million Share Purchase Plan at $0.10 per share, offering eligible shareholders a chance to invest ahead of commercial gold production at Reward Gold Mine.

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.

New Frontier Minerals is ramping up exploration at its Harts Range Project, focusing on 40 untested geophysical targets with an initial spotlight on the Kings Cross magnetic anomaly. Recent independent research underscores the district-scale copper-nickel-PGE potential of the region, reinforcing the strategic value of NFM's tenure.

Power Minerals is advancing its Morro do Ferro Rare Earth Project in Brazil with a mineralogical program focused on high-value magnet rare earth elements, aiming to improve project economics and streamline development.

Right Resources has significantly enlarged its Blue tungsten prospect near Tumbarumba, NSW, confirming strong geochemical signatures and advancing metallurgical testwork to assess recovery potential.

MRG Metals has reported strong initial assay results from 32 auger holes at its Fotinho Rare Earth Project in Mozambique, confirming a significant alluvial heavy mineral presence that complements prior findings at the adjacent Adriano project.

Legacy Minerals has kicked off an 8-hole, 4,000m diamond drilling program at its Emu Copper-Gold Prospect, marking the first modern exploration of this historically significant target within the Mt Carrington Project in northern NSW.

New Frontier Minerals is embarking on metallurgical testwork at its Pomme Rare Earth Element Project in Quebec, deploying both conventional methods and innovative Flash Joule Heating technology to enhance rare earth concentrates.