Latest Mining Exploration News

Kali Metals reports outstanding tin assay results up to 16.7% SnO2 from rock-chip samples at its Sweetwater Prospect in NSW, confirming mineralisation over a 3.9km strike. Concurrently, exploration advances at Mt Cudgewa with LiDAR surveys and soil sampling underway.

Gladiator Resources Limited reported a $703,000 net cash outflow for the December 2024 quarter, driven by exploration and evaluation expenses, yet maintains sufficient capital to fund operations into 2025.

Marmota Limited has completed an extensive 91-hole drilling campaign at its Muckanippie project, extending exploration westward based on promising visual heavy mineral feedback. Laboratory assays are expected within weeks, potentially confirming a significant titanium resource expansion.

Javelin Minerals has reported exceptional high-grade gold and copper assay results from its inaugural drilling campaign at the Coogee Project in Western Australia, highlighting new mineralised shoots that could significantly enhance the project's resource base.

Mount Hope Mining Limited has confirmed robust copper, lead, silver, and zinc mineralisation at its Mount Hope Project through a recent soil survey, reinforcing the project's exploration potential ahead of planned drilling.

Orbminco Limited has defined significant new drill targets at its Bronze Fox Copper-Gold Project in Southern Mongolia, following promising trench sampling results and geophysical surveys. The company is gearing up for an expanded drilling campaign in mid-2025 to explore these high-potential zones.

Magnum Mining and Exploration Limited has announced a pro-rata non-renounceable entitlement offer to raise up to $1.94 million, aiming to fund exploration at its Palmares and Buena Vista projects. The offer includes new shares and free options, presenting both opportunity and dilution risks for shareholders.

Magnum Mining and Exploration Limited has launched a $1.9 million non-renounceable entitlement offer to fund its key projects, alongside significant board changes aimed at conserving cash.

Corazon Mining has completed a comprehensive VTEM™ geophysical survey over its MacBride Base and Precious Metals Project in Canada, revealing multiple conductive anomalies that could signal new massive sulphide deposits. The company is now prioritising drill targets with plans to commence drilling in late Q1 2025.

Polymetals Resources reports solid progress in restarting its Endeavor Silver Zinc Mine, with key hires completed and mining activities underway, aiming for cash flow in the first half of 2025.

Noronex Limited reports compelling initial drilling results at its Fiesta Project, revealing significant copper and silver mineralisation, while advancing exploration across the Kalahari Copper Belt with South32 funding.

Riversgold Ltd has submitted a Mining Lease application for its Northern Zone Gold Project near Kalgoorlie and reported outstanding high-grade rock chip results from its Saint John Copper Gold Silver Antimony Project in New Brunswick, Canada.