Latest Mining Exploration News

FireFly Metals has launched a dual capital raising initiative, combining a $5 million Share Purchase Plan for eligible shareholders and a C$15 million Canadian flow-through share offer, aimed at funding key development and exploration activities at its Green Bay Copper-Gold Project.

Lindian Resources has successfully arranged a A$5 million options underwriting with Petra Capital, reinforcing institutional confidence as the options near expiry.

OD6 Metals has responded to an ASX price query following a notable rise in its share price and trading volume, confirming no undisclosed information exists and attributing the market activity to an independent research report.

Conico Ltd has raised $2.8 million through a share placement and entitlement offer, appointing Guy Le Page as Executive Chairman to steer its next exploration phase.

Diablo Resources has validated exceptional high-grade silver and antimony mineralisation at its Star Range project in Utah, setting the stage for maiden drilling amid strong market demand for critical minerals.

Koba Resources has completed a $4.35 million placement of 87 million shares at 5 cents each, accompanied by 43.5 million free attaching options exercisable at 8 cents until mid-2028, following shareholder approval.

DMC Mining's progress in Guinea is stalled as the government halts new exploration licences until after the December presidential election, prompting a 12-month extension on acquisition terms.

Terra Metals reports promising assay results from the Southwest SW1 Prospect, revealing multiple near-surface Bushveld-style reef layers and a newly identified magmatic sulfide zone, expanding the polymetallic footprint of the Dante Project.

Bastion Minerals has entered a three-year At-The-Market subscription agreement with Dolphin Corporate Investments, unlocking up to $500,000 in standby equity capital with minimal dilution and full control over issuance timing.

Panther Metals has successfully closed a $502,000 entitlement offer, backed strongly by major shareholders and directors, to fund key exploration projects in Western Australia and the Northern Territory.

New Frontier Minerals has completed a $2.25 million placement to professional investors, issuing over 107 million shares and promising additional attaching options early next year. This capital injection aims to accelerate exploration at its key projects in the Northern Territory and Queensland.

Red Mountain Mining has launched an expanded exploration program at its Armidale Antimony-Gold Project, revealing promising visible antimony mineralisation early in the campaign. The company aims to define drill targets for 2026 following extensive soil and auger sampling.