Latest Mining Exploration News

Unico Silver has reported a transformative September quarter, highlighted by a 73% increase in its Cerro Leon Mineral Resource Estimate to 162 million ounces silver equivalent and the restart of a fully funded 30,000-metre drill campaign at Joaquin, backed by a $25 million equity placement.

Kingston Resources Limited reported a robust cash position of A$31 million at the end of September 2025, supported by significant investing inflows and prudent financing activity.

Magnum Mining & Exploration has reported promising leach test results from its Brazilian rare earth projects and announced plans for a critical minerals processing hub in Nevada, supported by a $7 million capital raise.

Codrus Minerals has completed its inaugural drilling campaign at the Bull Run Gold Project with promising assay results, while advancing uranium exploration in Canada and managing a cautious cash position.

Megado Minerals has secured all seven exploration permits for its flagship Iberian Copper Project in Northern Spain, advancing geological mapping and planning airborne geophysics and maiden drilling. The company also raised A$780,000 through an institutional placement and appointed a new independent director.

Mount Hope Mining has completed its maiden drilling at the Mt Hope Project, revealing promising high-grade gold intercepts and securing $2.48 million to accelerate exploration efforts.

Oceana Lithium advances exploration at its Bangemall, Solonópole, and Napperby projects, deploying new geophysical surveys and preparing trenching programs while maintaining a solid cash position of nearly AUD 2.9 million.

Bellavista Resources confirms successful initial bioleaching tests at its Brumby deposit, recovering key critical minerals, while progressing due diligence on over 50 potential projects to expand its portfolio.

Estrella Resources has reported significant high-grade manganese intersections at its Ira Miri project and initiated a major limestone drilling campaign at Werumata, marking a pivotal quarter in its Timor-Leste exploration efforts.

James Bay Minerals reports promising high-grade gold-silver drill results at its Independence Gold Project in Nevada and announces a strategic acquisition of the Shafter Silver Project in Texas, backed by a $30 million capital raise.

Metal Hawk Limited has reported promising high-grade gold intersections from its maiden drilling campaign at Leinster South, alongside strategic asset sales that reshape its portfolio and bolster cash reserves.

Golden Deeps Ltd has reported exceptional high-grade copper, silver, zinc, lead, and germanium assay results from its Central Otavi Project in Namibia, advancing exploration with a $3.54 million capital raise to fund upcoming drilling.