Latest Mining Exploration News

Aguia Resources has responded to an ASX price query following a dramatic surge in its share price, confirming no new material exploration results have been received or withheld. The company asserts full compliance with continuous disclosure obligations despite market speculation.

Warriedar Resources Limited (ASX, WA8) has moved closer to acquisition by Capricorn Metals Ltd (ASX, CMM) through a court-approved scheme offering Warriedar shareholders a significant premium. The transaction promises exposure to Capricorn's producing assets and diversification benefits.

Enegex Limited has responded to ASX queries confirming the material impact of its acquisition of Famien Resources, related board changes, share consolidation, and a $5 million capital raising, while explaining the timing of disclosures and trading halt.

Indiana Resources Limited has had its trading suspension lifted following the release of new exploration results and a response to an ASX price and volume query, signaling renewed market activity.

ENRG Elements Limited has announced a renounceable entitlement offer to raise approximately A$1.63 million through the issue of new shares and attaching options, partially underwritten by Mahe Capital Pty Limited. The capital raise aims to fund exploration and corporate activities amid ongoing geopolitical and market risks.

Aldoro Resources has updated the timetable for distributing Sultan Consideration Shares following recent asset divestments, with shareholder approval set for November.

Artemis Resources has completed a $4.925 million capital raise through the issuance of over 1.23 billion shares, exceeding its initial target. This update finalizes the company’s recent funding efforts, signaling strengthened financial footing.

Indiana Resources Limited has voluntarily suspended trading on the ASX pending a significant announcement related to exploration results and a regulatory price query response.

Flagship Minerals reveals promising expansions at its 1.05 million ounce Pantanillo Gold Project in Chile, with many drill holes ending in mineralisation and potential for higher-grade zones near surface. The company aims to fast-track a JORC-compliant resource estimate and advance project development.

Cavalier Resources has initiated a 5,000m extensional drilling program at its Crawford Gold Project, aiming to expand mineral resources and underpin future mining stages backed by a robust Pre-Feasibility Study.

Altamin Limited has successfully closed the institutional tranche of its 45-for-100 entitlement offer, raising $3.43 million with full participation from its major shareholder, the Victor Smorgon Group. The retail offer opens on 29 September, presenting shareholders with a chance to invest at the same price.

Magnum Mining & Exploration is moving forward with plans to establish a modular processing hub for critical minerals in Nevada, targeting antimony and rare earth elements to support U.S. supply chains.