Latest Mining Exploration News

Sunshine Metals Limited reported a solid cash position of AUD 5.1 million at the end of Q3 2025, supported by a strong financing inflow that offsets ongoing exploration expenditures.

OD6 Metals has selected a cutting-edge rare earth processing flowsheet delivering ~75% recovery of key elements and completed metallurgical drilling at Splinter Rock, supported by a $2.5 million capital raise. The company also commenced Phase 2 drilling at its Gulf Creek Copper Project, maintaining a strong cash position.

Tesoro Gold Limited reported a challenging quarter with significant cash outflows but secured $26.7 million in capital to advance its El Zorro Project. The company aims to sustain operations through a planned second tranche of funding.

Fulcrum Lithium has reported a significant lithium mineralisation discovery at its Alkali Flats project in Nevada, with high-grade assays over thick claystone intervals and a large mineralised area. The company is advancing to appraisal with expanded claims and ongoing metallurgical work.

Litchfield Minerals’ latest Downhole Electromagnetic survey confirms a large, highly conductive massive sulphide body at the VT2 target, prompting a new high-priority drillhole to test its core.

Brazilian Rare Earths Limited has inked a decade-long heavy rare earths offtake deal with Carester and announced a major maiden resource at its Amargosa bauxite project, backed by a $120 million capital raise to accelerate development.

Develop Global Limited reported a robust cash position of $203.8 million at the end of September 2025, supported by a significant $161 million inflow from financing activities. Despite operating and investing cash outflows, the company maintains a strong liquidity runway.

Australian Critical Minerals has completed a strategic acquisition of Circuit Resources, adding six multi-commodity projects in Peru and initiating exploration activities with drilling planned for late 2025.

Kingfisher Mining secures shareholder approval for NSW tenement acquisition and accelerates exploration at Copper Blow and Mick Well REE projects, backed by a solid $2.35 million cash position.

Dynamic Metals Limited reports promising gold and copper assay results from its Widgiemooltha Project, alongside a strategic joint venture update with Mineral Resources Limited.

Cosmos Exploration deepens its foothold in Bolivia’s lithium sector through advanced brine testing and a strategic pilot plant purchase, positioning itself at the forefront of sustainable lithium extraction.

E79 Gold Mines Limited reported a net cash outflow of AUD 827,000 for the September 2025 quarter but bolstered its financial position through a successful capital raising in October. The company plans to reduce exploration expenditure in the coming quarter while maintaining operational continuity.