Latest Mining Exploration News

Podium Minerals' recent share purchase plan secured $1.56 million, significantly below its $4 million underwritten target, leaving a $2.44 million shortfall to be addressed.

Daly Resources advances exploration across 6,451 km² in the Northern Territory, revealing fluorite assays up to 95.1% CaF₂ and significant copper-zinc potential backed by strategic investors and government funding.

FMR Resources has completed preliminary 3D inversion modelling of induced polarisation data at its La Martuca Prospect in Chile, refining key chargeability anomalies linked to known mineralised structures and advancing a first-pass drill plan for Q4 2026.

C29 Metals has locked in binding commitments for a $2.4 million share placement at 1.2 cents per share, pending shareholder approval at the upcoming AGM. The funds aim to accelerate exploration at its Sampsons Tank project and fuel global acquisition ambitions.

Alvo Minerals has secured an earn-in agreement for a 656-hectare tenement adjacent to its Bluebush Heavy Rare Earth Element project in Brazil, extending its footprint over the prolific Northern Serra Dourada granite.

Tartana Minerals has lodged a cleansing prospectus to enable ASX quotation of over 129 million options linked to a $4.5 million placement, with exercise price set at 5.5 cents and expiry in April 2029.

Black Bear Minerals (ASX: BKB) has raised $12.5 million through a placement at a 16% discount to fund underground drilling and resource validation at its Shafter Silver Project in Texas, signaling strong institutional support for advancing mine restart plans.

Future Metals has completed the first tranche of its placement, issuing over 214 million shares to raise A$3 million, with shareholder approval sought for the second tranche in early October.

NewPeak Metals has finalised its second tranche placement, issuing over 231 million shares and raising $2.86 million before costs, including repayment of director entitlements.

Heavy Rare Earths Limited (ASX:HRE) has opened a non-renounceable entitlement offer to raise approximately $728,000, offering shareholders new shares at 2.8 cents each plus free options exercisable at 6 cents.

Brazilian Rare Earths (ASX: BRE) has delivered a substantial expansion of its Monte Alto rare earths deposit with approximately 10,000 meters of new drilling revealing ultra-high-grade mineralisation beyond the existing resource boundaries and opening a northern growth corridor.

Black Canyon has launched a 5,000m RC drilling campaign at its Wandanya Project, extending the manganese mineralisation footprint to 3.4km and targeting further iron-rich zones along a 9km trend. The maiden resource estimate remains on track for September 2026.