Latest Project Evaluation News

Bastion Minerals Limited has announced a non-renounceable pro-rata rights issue to raise approximately $677,721 at a 50% discount to the last trading price. The funds will support ongoing project evaluation and working capital needs.

Bastion Minerals Limited (ASX, BMO) has announced a non-renounceable entitlement offer to raise approximately $677,721 by issuing new shares at a low price of $0.001 each. The capital raise aims to support ongoing project evaluations and working capital needs.

Macarthur Minerals has relaunched a renounceable rights issue to raise nearly A$2 million, fully underwritten by Gold Valley, aiming to fund its Lake Giles Iron Project and strengthen its balance sheet.

Power Minerals Limited has entered a strategic partnership with Brazilian miner EDEM to advance the high-grade Santa Anna Niobium Carbonatite Project in Goiás, Brazil, aiming to accelerate exploration and development through shared expertise and cost efficiencies.

Tivan Limited has initiated a comprehensive 35,000m drilling program at its Speewah Fluorite Project in Western Australia, aiming to expand its mineral resource and advance feasibility studies ahead of a Final Investment Decision in 2026.

WA1 Resources has reported outstanding assay results from its Luni niobium deposit, highlighting some of the highest grades to date and setting the stage for an updated Mineral Resource estimate in June.

Euro Manganese advances its Chvaletice manganese project with key regulatory approvals, leadership appointments, and a $9.8 million capital raise, while reporting a narrowed Q3 net loss.

Prominence Energy reported steady progress on its uranium remediation and gas exploration projects while managing costs amid a constrained cash position. The company is poised to unlock value from key assets as it navigates funding challenges.

Dragon Mountain Gold Limited reports steady progress in refining exploration targets at its Avalon and Cawse Projects while evaluating new acquisitions, despite a modest cash balance of $212,000.

Albion Resources has made significant strides at its newly acquired Yandal West Project, identifying seven key geophysical targets and gearing up for a mid-year drill campaign under new CEO Peter Goh.

Fin Resources Limited reported subdued exploration activity in Q1 2025 amid weak lithium prices but secured $445,000 via convertible notes and outlined plans for McKenzie Springs exploration.

Dalaroo Metals has taken a strategic step into Greenland’s critical metals scene with an option to acquire the Blue Lagoon Zr-Nb-REE Project, while advancing promising base and copper metal prospects at its Lyons River Project in Western Australia.