Latest Rare Earth Exploration News

Gold Mountain Limited has reported additional high-grade rare earth mineralisation at its Ayrton Senna Prospect within the Down Under Project in Brazil, with assay results highlighting shallow mineralisation open at depth and strong magnet rare earth oxide ratios.

Eminence Minerals has contracted Eco Sondagem for a 2,000-metre auger drilling campaign targeting rare earth corridors adjacent to Brazilian Rare Earths’ Sulista district in Bahia, Brazil, marking a key step toward resource definition.

Brazilian Rare Earths (ASX: BRE) has identified a sprawling rare earth corridor extending over 9 km south of its Monte Alto Deposit, with surface samples hitting up to 39.6% TREO and drilling confirming high-grade mineralisation from surface to bedrock.

Eminence Minerals has secured firm commitments for a A$2.53 million placement to fund imminent drilling at its Campo Grande Rare Earth Project and support new exploration opportunities.

Magnum Mining’s initial 24 auger holes at Piracanjuba North all intersected near-surface rare earth mineralisation, showing promising grades and high desorption rates that suggest efficient extraction potential under mild conditions.

Basin Energy has lodged a new exploration licence application adjacent to its Sybella-Barkly Rare Earth Project in northwest Queensland, enlarging its rare earth target area amid promising early drilling results and government support.

Bayan Mining has kicked off its first-ever drilling campaign at the Desert Star Rare Earth Project in California, aiming to test promising high-grade surface mineralisation and geophysical targets near the Mountain Pass mine.

Sabre Resources has received Northern Territory government approval to drill up to 5,000 metres at Kurundi North, targeting high-potential copper-gold systems analogous to Tennant Creek. The program awaits shareholder approval of a major acquisition and aims to unlock value in a resurging mineral province.

Magnum Mining has advanced its auger drilling campaign at the Piracanjuba North Target, completing 161 holes over 7.4 km² and preparing for key Exploration Target and JORC Resource milestones later this year.

Basin Energy’s maiden drilling at Newmans has uncovered thick, shallow, and high-grade rare earth mineralisation, validating a new geological model focused on preserved weathering zones over fertile granites.

Godolphin Resources is spinning out its Narraburra Rare Earths Project into a new ASX-listed entity, Matrix Critical Minerals, with MST Financial appointed to spearhead the IPO expected in the second half of 2026.

European Resources Limited has closed a renounceable rights issue raising $2.57 million before costs, issuing 171.4 million new shares and options to fuel exploration and metallurgical programs in Finland and Slovakia.