Latest Mining Exploration News

Australian Rare Earths (ASX: AR3) has discovered a promising niobium-rare earth carbonatite system at its Overland Project, marked by significant mineralisation in a single drill hole and linked to a large magnetic anomaly.

Marquee Resources (ASX:MQR) is raising just over $1 million through a non-renounceable rights issue priced at half a cent per share, accompanied by free attaching options. The capital raise aims to support ongoing exploration and the recent acquisition of the Tungsten Mountain Project in Nevada.

Mount Ridley Mines secures $50,000 co-funding from CSIRO to kick-start research on scandium alloys for additive manufacturing, leveraging one of the world’s largest scandium resources at Grass Patch.

NewPeak Metals has confirmed a significant polymetallic discovery at its Las Opeñas project in Argentina, with the first drill hole returning 663 metres at 0.41g/t gold equivalent including notable zinc and silver credits. The results position the company to advance towards a maiden resource declaration.

Diablo Resources has secured final permits to start a maiden diamond drilling program at its high-grade North Star Prospect in Utah, targeting silver, antimony, and copper. The company also completed the second tranche of a $3.5 million placement to fund exploration and the Horn Silver acquisition.

AuMEGA Metals appoints Rafael Gradim as President, replacing Michael Skead, to spearhead exploration across its significant Newfoundland gold portfolio.

Kingston Resources has launched a fully underwritten $8.47 million rights issue priced at 3.5 cents per share to support a major drilling campaign and plant expansion at its Mineral Hill project.

Flynn Gold’s first modern drilling at the Silver King Trend in Tasmania confirms extensive high-grade silver-lead-zinc mineralisation, underpinning a promising district-scale exploration model.

GreenTech Metals is gearing up for a substantial 8,300-metre drilling campaign across its Munni Munni and Whundo projects, backed by government co-funded geophysics and advancing metallurgical work to sharpen copper recovery.

Sabre Resources (ASX:SBR) has lodged a prospectus offering up to 530 million new options, aiming to clear trading restrictions and raise capital for exploration and acquisitions.

Constellation Resources has launched a one-for-three entitlement offer priced at $0.12 per share, inviting eligible shareholders across four countries to participate in a $3.22 million capital raise.

Krakatoa Resources has launched its second underground drilling season at the Zopkhito Antimony-Gold Project, aiming to convert a foreign resource estimate into a JORC-compliant Mineral Resource Estimate while pushing early mine development.