Latest Mining Exploration News

DGR Global is sharpening its focus on copper and gold exploration in Queensland and Ecuador while pursuing a potentially lucrative damages case linked to Armour Energy's liquidation. The company also plans a share buy-back to unlock shareholder value.

Kingston Resources launches a $8.47 million rights issue at a 12.5% discount, backed by a $4.4 million placement, to finance a major drilling campaign and plant expansion at Mineral Hill following the closure of its Pearse South open pit.

Core Energy Minerals (ASX:CR3) has reinforced the prospectivity of its Tunas Rare Earth Element Project in Brazil with new assay results confirming thick, near-surface mineralisation and elevated yttrium levels, while mineralisation remains open at depth.

Pacgold has poured its second gold doré bar at White Dam and is fast-tracking plans to restart mining at Vertigo pit six months ahead of schedule.

Polymetals Resources has confirmed that substantial high-grade mineralisation remains intact near a previously assumed collapse zone at the Endeavor Mine, with initial drilling results exceeding expectations.

Constellation Resources is raising $3.22 million through a non-renounceable entitlement offer priced at $0.12 per share, aiming to bolster exploration in Western Australia and support general working capital.

Canadian Phosphate (ASX: CP8) secured $5.2 million through a rights issue and follow-on placement, positioning itself to accelerate exploration and development across key projects in Canada and the US.

Hawk Resources has secured $1.11 million through a rights issue to fund its critical minerals projects across Western Australia and the US, with directors backing the raise in full.

Dalaroo Metals has kicked off mobilisation for its most ambitious exploration program yet at the Blue Lagoon Rare Earth Elements Project in southern Greenland, aiming to extend a 2.7km mineralised corridor offshore and onshore.

Altair Minerals has strengthened its exploration leadership by appointing Dr. Sonia Scarselli as Specialist Advisor and forming a joint Technical Committee with Endeavour Mining to accelerate its Greater Oko Project in Guyana.

Godolphin Resources has hit a significant new polymetallic sulphide system named Cousin Jack at its Lewis Ponds project, with maiden drilling revealing broad zones of high-grade zinc, copper, lead, silver, and gold mineralisation.

McLaren Minerals reports exceptional heavy mineral assay results from its ongoing drilling at the McLaren Titanium Project, with bonanza grades up to 34.6% HM and promising extensions beyond current resources.