Latest Mining Exploration News

Hawk Resources has dispatched materials for a $1.97 million non-renounceable entitlement offer priced at 3 cents per share, offering shareholders free options and a chance to apply for shortfall shares.

Novo Resources Corp has closed Tranche 2 of its placement, raising approximately C$1.93 million and issuing options to joint lead managers and participants, while Northern Star retains a near 10% stake.

Xingye Gold (Hong Kong) Mining Company Limited has launched an off-market takeover offer for all remaining shares in Far East Gold Ltd (ASX:FEG) at $0.13 cash per share, offering shareholders a premium amid stalled projects and funding concerns.

Hillgrove Resources detailed its 2026 growth strategy at the AGM, highlighting a copper production increase, exploration advances, and a farm-in deal at Mutooroo to leverage existing infrastructure amid a tightening global copper market.

Perpetual Resources has verified a continuous pegmatite system across four trenches at its Mauricio Target within Brazil’s Igrejinha Lithium and Caesium Project, tracing a 167-metre strike open in multiple directions. Assay results are awaited ahead of planned drilling.

Felix Gold’s 2025 drilling at NW Array within the Treasure Creek Project reveals multiple broad zones of near-surface high-grade gold and exceptional antimony mineralisation, reinforcing its dual-commodity strategy amid advancing US critical minerals supply.

Ragusa Minerals has started an induced polarisation geophysical survey at the Black Rock Manganese Mine within its Purple Pansy Project in Arizona, aiming to map high-grade manganese mineralisation and prepare for drilling.

ChemX Materials remains suspended from ASX trading since December 2024, with no exploration activity reported in Q1 2026. The company secured an unsecured $1.2 million loan facility to support its recapitalisation and operational needs.

Burley Minerals Ltd is offering eligible shareholders in Australia and New Zealand the chance to buy up to $30,000 of shares at a 17.9% discount through a $300,000 Share Purchase Plan, aiming to bolster its exploration funding without brokerage costs.

Belararox Limited has confirmed additional high-grade silver, copper, and zinc mineralisation at its Toro Central prospect in Argentina, with narrow but rich intercepts from recent diamond drilling. The company is refining its structural understanding to guide an expanded 2026/2027 exploration campaign.

ACDC Metals has opened a non-renounceable entitlement offer aiming to raise $1.56 million through new shares priced at 5 cents each, accompanied by free attaching options exercisable at 7.5 cents within two years.

Hawk Resources is raising up to $5.87 million through a placement and entitlement offer to fund drilling and soil sampling at its US copper and WA scandium projects. The raise includes a non-renounceable entitlement offer and options issuance, with dilution risks for non-participating shareholders.