Latest Minerals Exploration News

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.

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.

Felix Gold Limited reports outstanding high-grade antimony and gold results from trench sampling at its Treasure Creek Project, highlighting potential for near-term production amid critical supply concerns.

IMDEX Limited reported resilient half-year results for FY2025, achieving half-on-half revenue growth and maintaining margins despite a challenging mining exploration environment. The company strengthened its balance sheet and declared an interim dividend, positioning itself for future growth.

Sarama Resources has completed the second tranche of its A$2 million equity placement, issuing options to institutional investors after shareholder approval. The funds are earmarked for advancing exploration and supporting working capital.

Scorpion Minerals Limited has voluntarily suspended trading of its shares as it finalises a capital raising and a potential joint venture agreement, signaling significant corporate developments ahead.

Enova Mining has completed a pivotal drilling campaign at CODA Central, uncovering significant zones of rare earth elements and titanium mineralisation. Over 200 samples are now en route to laboratory analysis, marking a key step in the company’s resource development strategy.

NT Minerals Limited reveals promising initial assay results from its Ultrafine Soil Sampling Program at the Twin Peaks Project, highlighting significant copper and gold anomalism that paves the way for targeted drilling in 2025.