Latest Mining Exploration News

Kalamazoo Resources has initiated a $2 million underwritten Share Purchase Plan, offering eligible shareholders shares at a 16.4% discount to recent prices. The offer aims to fund exploration and development activities across its Victorian and Western Australian projects.

Norwest Minerals reported a cash outflow in the December 2025 quarter driven by an intensive drilling program, ending with A$1.64 million in cash. The company signals potential capital raising while maintaining confidence in ongoing operations.

Norwest Minerals has advanced its gold and silver projects with significant drilling campaigns and a strategic focus on its high-grade silver discovery, leveraging soaring silver prices and new geophysical data.

High-Tech Metals has signed a non-binding MoU with Wiluna Mining to assess toll treatment options for ore from its Mt Fisher and Mt Eureka projects, aiming to leverage existing processing infrastructure for capital-efficient development.

American Tungsten & Antimony Ltd is set to submit a Notice of Intent for its first diamond drilling program at the Tennessee Mountain Tungsten Project in Nevada, aiming to validate historic high-grade mineralisation and establish a formal resource estimate.

Terrain Minerals has made significant progress across its gold, lithium, and rare earth projects during the December 2025 quarter, including drilling milestones and a successful $2.76 million capital raise. The company targets a maiden resource at its Lightning gold prospect by mid-2026.

NT Minerals Limited faces suspension from ASX trading starting January 2026 due to insufficient operational activity, though it remains listed and committed to future exploration.

Indiana Resources has resolved its long-standing arbitration dispute with Tanzania, clearing the way to concentrate on its promising Australian gold exploration projects.

Truscott Mining Corporation has successfully raised $1.44 million through a placement, issuing 27 million new securities, and plans to kick off drilling activities early next year.

ActivEX Limited has completed a $100,000 share placement with Business Victor Investments Limited, aiming to accelerate its exploration activities and strengthen working capital.

Corella Resources has completed the first tranche of a $1 million share placement, issuing over 142 million shares at $0.0035 each. The second tranche and attached options await shareholder approval in early 2026.

Riedel Resources has successfully raised approximately $1.78 million through a pro rata entitlement offer and subsequent shortfall placement, positioning the company to advance its Kingman Gold Project.