Latest Mining Exploration News

Terra Metals Limited has responded to an ASX price query following a sharp rise in its share price, confirming no undisclosed information is driving the movement and highlighting the start of Phase 3 drilling at its Dante Project.

Rumble Resources has launched a $9 million capital raise to accelerate development at its Western Queen gold and tungsten projects, targeting near-term production by late 2026. The company also highlights significant resource upgrades and seeks partners for its Earaheedy base metals project.

29Metals Limited reports promising high-grade copper and zinc drill results from its 2025 exploration program at Golden Grove, highlighting potential mine life extensions and resource growth opportunities.

Black Cat Syndicate reports promising early drilling results at its Paulsens West and Big Sarah gold projects in Western Australia, with mineralisation intersected and assays pending.

Bayan Mining and Minerals Limited has launched a pro-rata non-renounceable entitlement offer of Loyalty Options to existing shareholders, aiming to raise $33,319 initially with potential future capital of $2.5 million if options are exercised. The offer highlights shareholder rewards alongside significant risks including dilution and geopolitical factors.

PolarX Limited's trading suspension has been lifted immediately following its announcement of a new capital raising, signaling renewed market activity for the mining explorer.

EMU NL has announced a non-renounceable entitlement offer to raise approximately $1.83 million to fund exploration at its Georgetown and Badja projects, while facing significant governance challenges ahead of a pivotal shareholder meeting.

Matsa Resources has entered an underwriting agreement to guarantee the exercise of up to 10 million unlisted options expiring this September, potentially raising $700,000 in fresh capital.

EMU NL has announced a $1.83 million non-renounceable entitlement offer to fund exploration at its Georgetown and Badja projects, while facing potential board upheaval at an upcoming general meeting.

Rubix Resources (ASX, RB6) has resumed trading after lifting its suspension, following key announcements on its drilling program, capital raising, and a proposed acquisition.

Rubix Resources Limited has responded to ASX inquiries about unusual trading activity by disclosing initial drilling observations at its Paperbark Project and preliminary discussions on a potential acquisition, while cancelling a planned capital raising.

Magnum Mining & Exploration Limited has appointed Leslie Pereira as a Non-Executive Director while Neil Goodman steps down from the board, marking a strategic shift aimed at enhancing shareholder value and project development.