Latest Minerals Exploration News

FMR Resources has reported promising assay results from its inaugural drilling at the Demoiselle prospect, revealing extensive copper-silver mineralisation and a new geological model to guide further exploration in Canada’s Fairfield Project.

Shareholders of Aston Minerals and Torque Metals have overwhelmingly approved the proposed merger schemes, setting the stage for final court approval and implementation in June 2025.

Aston Minerals Limited held crucial shareholder and optionholder meetings to approve its merger with Torque Metals Limited, marking a significant step toward consolidation in the minerals exploration sector.

Carbine Resources Limited has announced a pro-rata entitlement offer aiming to raise approximately $1.1 million to fund exploration and working capital. The offer includes broker options subject to shareholder approval and targets shareholders in select jurisdictions.

Nimy Resources has raised $2.75 million through a share placement to fast-track exploration and resource definition at its promising Block 3 gallium discovery in Western Australia amid soaring global gallium prices.

Mithril Silver and Gold Limited reports a significant maiden drill intercept at its Copalquin project in Mexico, revealing high-grade gold and silver mineralization at the Target 2 area. The company advances multiple exploration fronts, underscoring the district’s growing potential.

UVRE Limited is set to acquire New Zealand gold explorer Otagold Limited, issuing 75 million shares as consideration and raising $4 million to fund exploration. The move significantly broadens UVRE’s exposure to high-potential gold projects in a tier 1 mining jurisdiction.

Uvre Limited is set to acquire New Zealand gold explorer Otagold, backed by a $4 million equity raise and the appointment of mining veterans Norman Seckold and Peter Nightingale to its board.

Agrimin Limited progresses its strategic review of the Mackay Potash Project while supporting Tali Resources’ corporate restructuring and planned IPO, offering shareholders a priority investment opportunity.

Classic Minerals Limited has announced the resignation of CEO Dean Goodwin, effective April 7, 2025, with Chair John Lester stepping in as interim leader. The delayed disclosure raises questions about governance timing.

Marquee Resources has successfully raised nearly $600,000 through an oversubscribed share placement, signaling strong investor confidence ahead of a key drilling campaign at its Mt Clement project.

Celsius Resources Limited has launched an offer of up to 423.95 million new options to key placement participants, including Silvercorp Metals and its lead manager, aiming to support ongoing project funding without immediate capital inflow.