Latest Minerals Exploration News

Australian Critical Minerals has appointed geologist Allister Caird as a Non-Executive Director, alongside key leadership shifts including Dean DeLargie's move to Executive Chairman. These changes underscore the company’s strategic push in critical minerals exploration across Australia and Peru.

Pacgold Limited has delineated multiple high-grade gold and antimony zones over a 5km strike at its St George Project in northeast Queensland, with first pass RC drilling set to commence imminently.

Power Minerals Limited updates its acquisition of the Gamma Heavy Rare Earths Project in California, clarifying historical data limitations and securing $4.1 million to fund exploration activities.

Terrain Minerals has successfully raised $1.32 million through a share placement to fund exploration at its Smokebush Project, targeting high-grade gold and silver deposits.

Renascor Resources has secured drilling approvals for its Bulloo Creek copper-cobalt-gold prospects and confirmed high-grade rare earth elements at Tumby Bay, while progressing uranium-copper targets at Marree.

Metal Bank Limited has successfully closed a $2.42 million entitlement offer, bolstering its capacity to advance gold projects in Western Australia and critical minerals exploration in Queensland.

Mount Hope Mining Limited launches a $1.25 million Share Purchase Plan at $0.20 per share, matching a recent placement, to fund drilling and land acquisitions at its Mount Hope Project.

Encounter Resources has completed the first tranche of its $25 million share placement, raising approximately $24.5 million to advance its mineral exploration projects. The second tranche, involving shares to a company director, awaits shareholder approval.

EnergyX’s share price hike to US$11 signals renewed investor confidence and a lithium market rebound, increasing Pantera Lithium’s holding value by A$5.4 million.

Tivan Limited has secured six new exploration licenses in Timor-Leste, boosting its critical minerals portfolio with copper, cobalt, and gold prospects. The $500,000 deal complements its existing Turiscai Project and positions the company for accelerated exploration in a largely untapped region.

Summit Minerals has closed its entitlement offer with just over a third of shares taken up, leaving a significant shortfall to be allocated by the underwriter. The funds raised will support exploration in Brazil and corporate activities.

McLaren Minerals Limited has announced a fully underwritten non-renounceable pro-rata entitlement offer to raise approximately $3.6 million, issuing new shares at 1.8 cents each with free-attaching options. The capital raise aims to fund exploration and development activities as the company advances its mining projects.