Latest Mining Exploration News

Hammer Metals has launched a targeted drilling campaign at its Bronzewing South project in Western Australia, aiming to unlock high-grade gold mineralisation adjacent to a major historic mine. The program focuses on previously underexplored zones with promising historical intercepts, potentially setting the stage for significant resource growth.

Truscott Mining Corporation has confirmed a $577,890 capital raise through a rights issue, explaining its exploration expenditure and operational status amid a drilling hiatus since late 2022. The company underscores its commitment to long-term project development and compliance with ASX listing requirements.

Orbminco Limited reports promising new geophysical survey results at its Bronze Fox Project in Mongolia while navigating a significant tax dispute currently under appeal.

Metal Bank Limited has announced its withdrawal from exploration activities in Jordan, citing geopolitical instability and financial guarantees demanded by local authorities as key reasons.

Advance Metals Limited has reported strong assay results from its maiden diamond drilling program at the Yoquivo Silver-Gold Project in Mexico, revealing high-grade silver-gold mineralisation extending 60-70 metres deeper in the Pertenencia Vein. These findings pave the way for potential resource upgrades.

Audalia Resources has reported significant assay results from its recent infill drilling at the Medcalf vanadium-titanium-iron project in Western Australia, confirming consistent mineralisation and progressing towards an updated resource estimate.

Red Mountain Mining Ltd has announced a pro-rata non-renounceable entitlement issue of RMXO Options priced at $0.001 each, aiming to raise up to $193,499 to support its working capital needs. The offer, exercisable at $0.02 until May 2027, carries notable risks including dilution and going concern uncertainties.

MinRex Resources’ recent drilling at the Fraser Range Project in Western Australia reveals promising rare earth and titanium mineralisation, despite no copper-gold discoveries. The company now faces a pivotal decision on advancing its stake in the project.

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $1.45 million, aimed at funding early development and exploration activities in Tanzania. The offer includes free attaching options and is partially underwritten, with significant implications for shareholder dilution and company control.

Orezone Gold Corporation reported robust Q2 and H1 2025 results driven by higher gold production and prices, while advancing its Bomboré mine expansion and debuting on the ASX.

Peel Mining Limited has announced the immediate resignation of its Managing Director and CEO, James (Jim) Simpson, marking a significant leadership change for the company.

Core Energy Minerals reports significant rare earth element assay results from initial soil sampling at its Tunas Project in Brazil, with peak TREO values nearing 3,000ppm. The company is set to launch systematic auger drilling to define future targets.