Latest Mining Exploration News

Alma Metals Limited has responded to an ASX price query following a sharp rise in its share price and trading volume, denying any undisclosed information and confirming compliance with ASX rules.

Bastion Minerals has confirmed it is finalising a JORC Mineral Resource Estimate for its ICE Copper Gold Project, explaining recent sharp price and volume movements in its shares. The company plans to announce the estimate by June 10, 2025.

Resolution Minerals Ltd has had its trading suspension lifted immediately following the announcement of a material acquisition, signaling a pivotal moment for the exploration company.

North Stawell Minerals Ltd (ASX, NSM) is advancing its gold exploration ambitions with a $3.6 million equity raising aimed at funding key projects near the prolific Stawell Gold Mine in Victoria. The capital injection will support drilling and geological modelling to unlock new gold discoveries under a thin sediment cover.

North Stawell Minerals has announced a combined $3.6 million capital raise through a placement and a pro-rata entitlement offer, aiming to bolster its exploration activities without materially altering company control.

DeSoto Resources has commenced earthworks and is preparing to launch its maiden drilling program at the Spectrum REE-Au-Cu Project in the Northern Territory, targeting promising copper, gold, and rare earth element prospects.

Tempest Minerals has completed a pro-rata entitlement offer, raising over $600,000 to fund exploration in Western Australia, though a significant shortfall remains to be allocated.

Torque Metals has completed its acquisition of Aston Minerals through a court-approved scheme of arrangement, issuing new shares to Aston securityholders and delisting Aston from the ASX. The combined entity will operate under Torque’s leadership with a refreshed board.

Argent Minerals has identified three extensive VTEM anomalies at its Kempfield NW Prospect, including two untested trends, signaling significant potential to expand its flagship silver-base metals deposit in New South Wales.

Krakatoa Resources is set to begin its maiden drilling campaign at the Zopkhito Sb-Au Project in Georgia, aiming to convert a foreign resource estimate into a JORC-compliant mineral resource and advance economic assessment.

Battery Age Minerals has initiated a comprehensive tailings sampling campaign at its Bleiberg-Hochobir project in Austria to assess germanium concentrations, aiming to secure a critical semiconductor material amid global supply constraints.

Lanthanein Resources is set to raise $2.4 million through a placement and a fully underwritten rights issue, while proposing a strategic name change and share consolidation to streamline its capital structure.