Latest Minerals Exploration News

Western Mines Group has completed diamond drill hole MTD030 at its Mulga Tank Project, intersecting extensive olivine cumulate ultramafic rock with multiple intervals of visible nickel sulphide mineralisation, including high-tenor blebs confirmed by spot pXRF readings up to 41.3% nickel. This confirms a dynamic komatiite system and reinforces the project's large-scale potential.

Triton Minerals has received the final A$8.5 million payment from NQM Gold 2 Pty Ltd under a key settlement agreement, marking a significant financial milestone for the company.

King River Resources has appointed seasoned geologist and executive Graham Gadsby as Managing Director, aiming to leverage his proven track record in gold exploration and operational turnarounds to drive the company’s future growth.

iTech Minerals has announced a $2 million equity raise, including a $1 million Share Purchase Plan offering shares at a 14.2% discount to fund key mineral exploration projects and working capital.

Estrella Resources has released its first assay results from the Ira Miri manganese prospect in Timor-Leste, revealing significant high-grade manganese intersections and reshaping its exploration strategy to focus on primary and secondary manganese beds.

FMR Resources has raised $3.4 million through a strategic equity placement to accelerate exploration at its Southern Porphyry target in Chile, aiming to unlock significant copper and gold potential.

Chilwa Minerals has verified rare earth elements in its first diamond drill hole at the Mposa anomaly within Malawi’s Chilwa Carbonatite system, marking a significant milestone in its critical minerals exploration program.

My Foodie Box Limited is set to pivot from meal kits to mining by acquiring Australian gold, copper, and rare earth projects, renaming itself Tarrina Resources, and relisting on the ASX with a $5 million capital raise.

Prospect Resources has identified a significant new shallow copper target at its West Mwombezhi prospect in Zambia, with diamond drilling now underway to test promising early results.

Moonlight Resources, partly owned by Lithium Plus Minerals, plans to acquire the Clermont Gold Project and pursue an ASX listing, aiming to become a focused gold and critical minerals explorer.

Kaili Resources has responded to ASX inquiries following volatile trading, confirming imminent rare earth element drilling in South Australia and revealing detailed shareholder data.

Askari Metals is gearing up for a pivotal shareholder meeting to approve its Ethiopian gold and copper acquisition, while restructuring debt and expanding European investor outreach.