Latest Rare Earths And Uranium News

AuKing Mining is set to acquire Green Exploration Limited, gaining full ownership of multiple Malawian projects rich in rare earths and copper, including the Machinga Heavy Rare Earths and Ngala Hill Copper/PGE assets.

Piche Resources completed its maiden RC drilling at Cerro Chacón, confirming a low-sulphidation epithermal gold-silver system at Toro Hosco, while a strategic review of Ashburton highlights high-grade rare earths and uranium potential.

Moonlight Resources has kicked off its inaugural Reverse Circulation drilling at the Goldfinger Prospect within the Clermont Gold Project, aiming to validate and extend historical high-grade gold mineralisation from the late 1980s.

Australian Rare Earths (ASX: AR3) has uncovered a 10-kilometre magnetic anomaly at its Overland Project, significantly broadening its niobium-rare earth element drill targets beyond the initial OV167 discovery. Historic drill data supports the potential for a large-scale carbonatite system, prompting a new drilling campaign to test multiple priority targets.

Piche Resources has identified extensive high-grade rare earth mineralisation enriched in critical magnet rare earth elements across a 30 km strike at its Ashburton Project, alongside significant uranium prospects.

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.

Golden Horse Minerals has uncovered numerous high priority copper, cobalt, and uranium targets at its Sorrel Copper Project in the Northern Territory, setting the stage for an active dry season exploration campaign alongside a strategic review to maximise project value.

Moonlight Resources has reported strong Phase 2 drilling results at its Leo Grande Prospect, confirming extensive near-surface gold mineralisation and advancing towards a maiden resource estimate.

Sabre Resources (ASX:SBR) is set to expand its footprint in the Northern Territory through an 80% acquisition of major gold and copper-gold projects, including drill-ready targets on extensions of the Tennant Creek Mineral Field. Drilling is scheduled to begin shortly after shareholder approval.

Australian Rare Earths Limited (ASX: AR3) reported robust progress at its Koppamurra Rare Earths Project, delivering a high-purity Mixed Rare Earth Oxide pathway with near-complete rare earth recovery and improved heap leach performance. Concurrently, the company defined new uranium targets at Overland with drilling imminent, supported by a strengthened balance sheet following a $6 million placement and government grants.

Basin Energy secures A$1.1 million through a strategic placement led by two uranium-sector investors, aiming to accelerate drilling and geophysics at its Sybella Barkly and Newmans projects in Queensland.

Pinnacle Minerals has exited its US critical minerals ventures, retaining key Australian and Canadian assets while bolstering its board and cash position to pursue strategic growth.