Latest Minerals Exploration News

Industrial Minerals has completed its shift from an industrial-minerals explorer towards Western Australia gold, adding a 205 square kilometre Laverton portfolio after year end. The company enters the next phase with historical high-grade intercepts, a planned maiden drilling campaign and $2.08 million in cash at 30 June.

AuKing Mining has reported wide, high-grade rare earth intersections from maiden RC drilling at its Tundulu project in Malawi, including 91 metres at 1.51% TREO. The results also reveal unusually strong heavy rare earth enrichment and have prompted the company to fast-track a maiden resource estimate targeted before the end of 2026.

Mindax Limited has locked in a total of A$3.9 million in convertible note funding from Singapore-based L&Y Investment Holdings, contingent on Foreign Investment Review Board approval. The unsecured notes carry 10% interest and could dilute existing shareholders by up to 4.63%.

Noronex Limited has exercised its option to acquire Alaskan Critical Minerals, unlocking ownership of the Sleitat Tin Project in Alaska. The company secured an ASX waiver allowing milestone-based share issuance beyond the usual timeframe, tying payments to resource milestones and a decision to mine.

Manhattan Gold Corporation has delivered robust drilling results at its Jaws target in Nunavut, expanding the known gold mineralised system by over 290 metres along strike and confirming high-grade zones to a vertical depth of 223 metres. The ongoing exploration campaign bolsters the project's scale and economic potential.

Discovery Alaska Limited posted a $459,211 loss for FY2026 amid exploration write-offs and ongoing project development. The company secured $354,000 in a private placement and lined up a $900,000 placement to fund its Idaho and Western Australia gold-silver ventures.

Lithium Plus Minerals has significantly upgraded its Lei Lithium Project resource and secured a 20-year mining lease, positioning the company for near-term development and commercialisation.

Yandal Resources shakes up its leadership with the appointment of seasoned geologist Eduard Eshuys as Non-Executive Chair and the departure of CEO Chris Oorschot, signaling a pivotal moment as the company advances its gold exploration projects in Western Australia.

Amara Minerals has taken a strategic legal step by filing a cross-claim against Great Divide Mining amid a GST indemnity dispute linked to Challenger Mines, intensifying a court battle that remains unresolved.

Mammoth Minerals has intersected a fresh high-grade gold zone over 700 metres from its historic Buster Gold Mine in Nevada, expanding the Excelsior Project's mineral footprint. Concurrent surface sampling at the Blue Dick Prospect confirms extensive silver and gold mineralisation, underpinning a robust drilling campaign across multiple targets.

SSH Group delivered a 23% revenue increase and 79% profit rise in FY26, fueled by the strategic acquisition of Elphinstone Mechanical Services and strengthened partnerships.

Tartana Minerals has lodged a cleansing prospectus to enable ASX quotation of over 129 million options linked to a $4.5 million placement, with exercise price set at 5.5 cents and expiry in April 2029.