Latest Mining Exploration News

Estrella Resources has inked an $8 million underwriting agreement with Million Link (China) Investment Ltd to support the exercise of 445 million listed options, aiming to strengthen its capital position ahead of the options’ December expiry.

Killi Resources has completed surface sampling at its Mt Rawdon West Project, revealing a significant gold-copper-molybdenum breccia linked to a large subvolcanic intrusive centre. Assay results expected in May will shape upcoming drilling plans.

Battery Age Minerals has expanded its Apex Germanium-Gallium Project in Utah by 40%, staking 51 new mining claims adjacent to the historic Apex Mine. This move strengthens its foothold in a vital US critical minerals hub amid growing demand for semiconductor and defence supply chains.

FMR Resources has completed a deep diamond drillhole at Target L within its Chilean Llahuin Project, intersecting extensive mineralised porphyry and stockwork breccia zones with visible copper and molybdenite sulphides. The results confirm a significant porphyry system beneath volcanic cover, setting the stage for targeted Phase II drilling.

Killi Resources Limited has successfully completed the first tranche of its share placement, issuing over 26 million shares to raise just over $1 million. The company confirms full regulatory compliance with no undisclosed information.

Reach Resources Limited has announced a pro-rata entitlement issue aiming to raise up to $3.15 million to fund exploration and working capital, with key directors and the CEO committing to participate.

Electrum Discovery Corp. shareholders have overwhelmingly approved a merger with MinRex Resources, setting the stage for a significant cross-continental consolidation in gold and base metals exploration.

ActivEX Limited has completed a $393,505 share placement, issuing nearly 20 million shares at 2 cents each, with funds earmarked for advancing exploration projects and supporting working capital.

Emu NL has announced a pro-rata non-renounceable rights issue aiming to raise approximately $3.67 million, offering new shares with free attaching options to eligible shareholders. The capital raise will primarily fund exploration activities at its Queensland projects and strengthen working capital.

TechGen Metals has reported significant copper intersections at its Mt Boggola Project in Western Australia, including a standout 20m at 1.14% copper. The discovery is complemented by anomalous gold and lead results, reinforcing the prospectivity of this emerging copper-gold system.

Lode Resources has extended high-grade mineralisation at its Montezuma Silver & Antimony Project to 270 metres depth, revealing robust assay results and confirming the deposit remains open for further growth.

ActivEX Limited has raised nearly $400,000 through a strategic placement of shares at a slight premium, locking in investor support with a 12-month escrow. The funds aim to fuel ongoing exploration efforts and bolster working capital.