Latest Minerals Exploration News

Antares Metals Ltd has reported outstanding copper assay results from its initial RC drilling phase at the Surprise Copper Project in Queensland, confirming the presence of high-grade mineralisation and unveiling promising new exploration targets.

FMR Resources has initiated a 1,500-metre drilling campaign at its Fairfield Copper Project in Canada, targeting extensions of known copper mineralisation at the Demoiselle prospect. Results are expected within weeks, potentially advancing the company’s position in a prolific copper belt.

Patriot Battery Metals reported a Q3 net loss of $2.23 million and a nine-month loss of $5.60 million, reflecting heavy investment in its flagship Shaakichiuwaanaan lithium project. A strategic $69 million private placement with Volkswagen post-quarter end underscores growing industry confidence.

Macarthur Minerals Limited reported a comprehensive loss of AUD 252,771 for Q4 2024, marking a sharp reversal from the prior year's profit. The company is navigating reduced exploration spending and strategic asset sales while facing ongoing funding challenges.

Tivan Limited has formalised a Resourcing Protocol Agreement with the Kimberley Land Council, setting a clear path to negotiate an Indigenous Land Use Agreement for its Speewah Project.

Koonenberry Gold Limited has raised $2 million through a strategic placement to accelerate exploration at its Enmore and Lachlan projects, including an expanded drilling program at Sunnyside.

Miramar Resources has secured $1.8 million through a share placement to accelerate gold and critical minerals exploration, focusing on the promising Gidji JV Gold Project near Kalgoorlie.

Castle Minerals has reported compelling high-grade gold intercepts from its Kpali Gold Prospect in Ghana’s Upper West Region, confirming the site as a robust discovery with promising potential for a new West African mining camp.

Forrestania Resources has launched a second phase of reverse circulation drilling at its Ada Ann prospect within the Bonnie Vale Project, aiming to extend promising gold mineralisation both along strike and at depth.

Latitude 66 Limited is set to commence a pioneering Reverse Circulation (RC) drilling trial at its KSB North Project in Finland, aiming to unlock high-grade gold and cobalt mineralisation at the K6E and K6W Prospects. This move could significantly enhance exploration efficiency and reduce costs across the project.

Kula Gold Limited has reported a significant maiden drill intercept of 2 metres at 2.3 grams per tonne gold at its Mustang Gold Prospect near Kirup, Western Australia, supported by government co-funding. This discovery marks the emergence of a new gold system warranting further exploration.

Critical Resources Limited reports encouraging petrographic results from its Mayview Prospect in NSW, revealing a structurally controlled antimony-gold system akin to the nearby Hillgrove deposit. These findings bolster the prospect's exploration appeal with plans for detailed follow-up work.