Latest Mining Exploration News

Prospect Resources has completed its Phase 2 drilling at the Mumbezhi Copper Project in Zambia, revealing extended copper mineralisation and significant gold by-product potential. The company is well-funded and poised for updated resource estimates in early 2026.

Canadian Phosphate Limited reported a solid cash position of AUD 2.44 million at the end of December 2025, supported by financing activities and ongoing preparations for bulk sample mining in Canada.

Odessa Minerals has identified multiple new base metal and gold prospects at its Lyndon Project through advanced hyperspectral mapping, supported by a recent $1.15 million capital raise to accelerate exploration.

Brazilian Critical Minerals Limited reported a solid cash position of AUD 6.75 million at the end of December 2025, bolstered by a AUD 6 million equity raise and a loan facility extension. The company’s liquidity supports over seven quarters of operations, underpinning its ongoing exploration efforts.

Jindalee Lithium Limited reported a cash outflow for the December 2025 quarter but maintains a solid cash position of A$6.5 million, with an estimated funding runway of 1.67 quarters. The company remains confident in securing additional financing to support its pre-development activities.

Codrus Minerals reports encouraging initial diamond drilling results at its Bull Run Gold Project in Oregon, while progressing uranium exploration in Canada and executing a significant asset sale in Western Australia.

King River Resources advances exploration with new drill and soil sampling results at Tennant Creek, revealing promising IOCG-style mineralisation corridors and appointing a new Managing Director.

Albright Metals has completed a key diamond drilling program at its Golden Pike Project in Canada and initiated antimony drilling at Bond Road, supported by a successful $1.98 million capital raise.

Liberty Metals has announced a significant discovery of high-grade monazite mineralisation rich in critical rare earth elements at its Paraiba Rutile and Monazite Project in Brazil, opening new avenues for exploration and processing.

Buxton Resources reported robust exploration progress in the December 2025 quarter, highlighted by significant silver and copper-gold assay results and strategic tenement expansions. Leadership changes and cost management measures position the company for focused discovery efforts ahead.

Neometals has reported promising gold assay results from its Barrambie drilling program and secured substantial conditional funding for its Vanadium Recovery Project in Finland, while progressing new critical minerals opportunities in the US.

Pivotal Metals has raised $5.4 million, including $1.1 million in non-dilutive funding, to ramp up exploration across its Québec copper, gold, PGM, and nickel projects, unveiling multiple high-priority drill targets and advancing resource optimisation at Horden Lake.