Latest Mining Exploration News

Larvotto Resources has identified compelling new drill targets at its Kiarra Prospect within the Hillgrove Antimony-Gold Project, following a successful induced polarisation and resistivity survey. The findings suggest potential extensions of historic mineralisation, setting the stage for upcoming drilling campaigns.

Metal Bank Limited has announced a non-renounceable entitlement offer to raise approximately $2.32 million, partially underwritten, to fund its Western Australia gold strategy and Queensland graphite exploration. The offer closes on 31 October 2025 and coincides with a strategic acquisition of gold assets from Hastings Technology Metals.

Power Minerals confirms a high-grade carbonatite hard rock intrusion at its Santa Anna Rare Earth Elements Project in Brazil, with promising grades and ongoing drilling aimed at defining a maiden resource estimate.

RTG Mining’s latest drilling results at the Chanach Copper-Gold Project reveal significant high-grade mineralization, underscoring the project’s expansion potential beyond existing resources.

Altamin Limited has launched a $6.46 million retail entitlement offer to fund exploration at its Lazio Project and maintain the Gorno Project. Eligible shareholders can subscribe to new shares at $0.025 each on a 45-for-100 basis.

Altamin Limited has launched a $6.46 million accelerated entitlement offer to fund exploration at its Lazio and Gorno projects, while excluding shareholders in certain jurisdictions due to regulatory constraints.

Aguia Resources has responded to an ASX price query following a dramatic surge in its share price, confirming no new material exploration results have been received or withheld. The company asserts full compliance with continuous disclosure obligations despite market speculation.

Gold Mountain Limited has announced a fully underwritten $1.5 million entitlement offer alongside a $2 million placement to accelerate exploration activities in Brazil and Papua New Guinea. The capital raising, discounted by 40% to recent share prices, is underwritten by major shareholder José Luis Manzano, who may increase his stake to nearly 20%.

S2 Resources has significantly expanded its Jillewarra project area over a highly prospective gold shear zone and completed drilling at West Murchison, with assay results pending. Meanwhile, Glenlogan assays returned no significant mineralisation.

Enegex Limited has responded to ASX queries confirming the material impact of its acquisition of Famien Resources, related board changes, share consolidation, and a $5 million capital raising, while explaining the timing of disclosures and trading halt.

Indiana Resources Limited has had its trading suspension lifted following the release of new exploration results and a response to an ASX price and volume query, signaling renewed market activity.

American Uranium has received regulatory approval to commence a significant drilling campaign at its Lo Herma uranium project in Wyoming, aiming to boost its resource base amid a growing US nuclear revival.