Latest Mining Exploration News

Zeta Resources has received Foreign Investment Review Board approval to increase its stake in Future Metals and has fully underwritten the company’s A$2.64 million entitlement offer, ensuring the capital raise is secured.

Enova Mining has revealed promising high-grade rare earth element targets at its East Salinas project in Brazil, with surface samples returning up to 1.87% total rare earth oxides and strong magnetic REE signatures.

PVW Resources has confirmed widespread, near-surface rare earth element mineralisation at its Capão Bonito East Block in Brazil, with high-grade intercepts up to 5,662 ppm TREO. The company is advancing metallurgical testing and expanding exploration across its Brazilian portfolio.

Asra Minerals Limited has launched a substantial options offer linked to a recent $3 million placement, aiming to enhance liquidity and satisfy obligations under the placement. The company plans to list these options on the ASX by the end of June 2025.

Magnum Mining and Exploration has initiated a $2.2 million entitlement offer at a significant discount, aiming to strengthen its capital base and fund key projects in Australia and the US.

Litchfield Minerals has revealed compelling assay results from its Phase 1 drilling at the Oonagalabi Project, confirming a large polymetallic copper-zinc system alongside a newly identified gold-silver-bismuth mineralisation linked to the Bomb Diggity magnetic intrusion.

Mithril Silver and Gold has acknowledged undisclosed channel sample results at its El Apomal target, explaining recent unusual trading activity. The company has entered a trading halt ahead of a formal announcement expected by 3 June 2025.

Alvo Minerals has updated its entitlement offer to include free attaching options, aiming to raise $1.56 million to fund exploration and working capital. The offer targets eligible shareholders with a $0.02 share price and options exercisable at $0.05 over three years.

Alvo Minerals has announced an accelerated pro-rata entitlement offer to raise approximately $1.56 million, aiming to fund its Palma Cu/Zn Project and other exploration activities in Brazil. The offer includes new shares and free attaching options, presenting shareholders with a discounted opportunity to increase their holdings.

M3 Mining Limited has announced significant board changes following shareholder requisitions withdrawal, appointing new directors and initiating a strategic review focused on operational discipline and shareholder value.

Sultan Resources Ltd has announced a pro rata non-renounceable rights issue to raise approximately $1.16 million, aiming to fund exploration activities and strengthen working capital. The offer opens on June 11 and closes on June 20, 2025.

Sultan Resources Ltd has announced a non-renounceable entitlement offer to raise up to $1.15 million, aiming to fund exploration and working capital across its diverse mineral projects.