Latest Mining Exploration News

Conico Ltd is set to raise $85,000 through a follow-on share placement at $0.008 per share, targeting strategic shareholders to meet excess demand from its recent entitlement offer.

Cannindah Resources has announced a two-tranche placement raising approximately $15 million and a concurrent Share Purchase Plan offering eligible shareholders the chance to invest up to $30,000 at a discounted price. The funds will support drilling and exploration at the Mt Cannindah Copper-Gold Project.

New Age Exploration Limited has issued a prospectus to facilitate secondary trading of new options issued under a recent $3.75 million placement, offering 1,000 new options at $0.01 each. The move aims to remove trading restrictions and improve liquidity for option holders.

Larvotto Resources continues to deliver robust drilling results at its Freehold prospect, revealing significant gold, antimony, and tungsten mineralisation that bolsters the Hillgrove Project’s growth outlook.

Aguia Resources has successfully raised $5 million through a well-supported placement to fund key developments in its Colombian gold and Brazilian phosphate projects. The capital injection aims to boost production and strengthen the company's balance sheet.

FMR Resources has extended its latest diamond drillhole at the Llahuin Project’s Target C, intersecting visual copper and molybdenum mineralisation linked to a key geophysical anomaly. This marks a promising step towards pinpointing the core of a significant porphyry copper-gold-molybdenum system.

Askari Metals has addressed an ASX query regarding the late filing of a director's securities interest notice, attributing the delay to awaiting regulatory guidance following an inadvertent related party securities breach.

WIN Metals Ltd has launched a prospectus offering up to 78.57 million free attaching options to recent placement participants and its Executive Chairman, aiming to remove trading restrictions and enable market liquidity. The offer follows a $5.5 million capital raise and comes amid ongoing litigation risks.

Fortuna Metals has confirmed significant high-grade rutile mineralisation across broad areas of its Mkanda project in Malawi, with 675 drill holes completed and assays pending for the majority. The discovery positions the company alongside a world-class deposit and taps into surging demand for titanium in robotics.

Koba Resources has secured $4.35 million to advance exploration at its newly acquired Stannary Hills and Mt Garnet tin-tungsten projects, with drilling scheduled to begin in late Q1 2026. The company also plans to recommence uranium drilling at its Yarramba Project in February, following promising high-grade intercepts.

Lodestar Minerals has secured a binding option to acquire the Virgin Mountain Heavy Rare Earth Elements project in Arizona and defined a significant gold exploration target at Ned’s Creek, while gearing up for its first Chilean drill program.

Riversgold has locked in a full funding and operational deal with MEGA Resources for its Northern Zone Gold Project near Kalgoorlie, while also advancing exploration in Canada and raising $2 million to fuel growth.