Latest Mining And Exploration News

Magnum Mining names Antonio Vitor Junior as Managing Director to spearhead major drilling campaigns at its Azimuth and Parker projects, aiming to convert promising early rare earth results into a formal resource.

Vita Resources has completed a $100,000 capital raise via a placement featuring a novel partly paid share class designed specifically for mining companies. This new share structure defers calls until at least 2030, offering investors flexibility and the company a unique capital management tool.

Magnum Mining and Exploration Limited has initiated a large-scale auger drilling program at its Piracanjuba prospect within the Azimuth Rare Earth Element Project in Brazil, aiming to define an Exploration Target and a JORC Mineral Resource Estimate by late 2026.

Marquee Resources has entered a 24-month patent license and option agreement with UT-Battelle LLC, granting access to advanced rare earth element separation technologies from Oak Ridge National Laboratory. This positions Marquee to explore downstream processing opportunities for its Redlings REE Project in Western Australia.

Golden Mile Resources Ltd (ASX: G88) has secured a binding joint venture to earn up to 95% interest in the Leviathan Porphyry Copper-Molybdenum Project in Arizona, with initial sampling confirming significant copper and molybdenum mineralisation and exploration set to begin in April 2026.

Magnum Mining and Exploration has verified exceptionally high-grade gold assays up to 178 g/t Au at its Red Breccia target within the Parker Project, Arizona, reinforcing it as a priority drill target alongside Eagle Nest and NSW Detachment. The company is progressing drill permitting with first-pass drilling planned upon approval.

Mammoth Minerals Limited has reported the identification of several high-grade gold and critical mineral targets at its Excelsior Project in Nevada following a comprehensive 2025 rock chip sampling and mapping program. The company is advancing multiple prospects towards drill readiness with ongoing exploration activities.

Lefroy Exploration Limited (ASX: LEX) reports encouraging grade control drilling results and successful initial gold production from its Lucky Strike Gold Mine in Western Australia, supporting resource growth and ongoing mining operations.

Broken Hill Mines Limited (ASX: BHM) has reported significant production increases at its Rasp silver-lead-zinc mine for the March 2026 quarter and secured a long-term renewal of its Consolidated Mining Lease 7, extending operational rights to 2047.

BMG Resources has commenced diamond drilling as part of a 10,000m program at its Abercromby Gold Project in WA, aiming to expand its 518,000oz gold resource. Results are expected within weeks, alongside a near-complete scoping study that could pave the way for near-term production.

Lunnon Metals reports steady progress at its Lady Herial gold mine alongside the discovery of a new gold-bearing structure northwest of the site, highlighting promising potential for future underground mining.

Pure Resources has launched a cutting-edge research collaboration with Rice University to develop carbon nanotube fibre thermal management systems, leveraging graphite from its Garnet Hills Project. The initiative is backed by a $3 million equity raise to fund exploration and downstream material innovation.