Latest Resource Exploration News

Energy Transition Minerals Ltd has acquired the Penouta tin-tantalum-niobium mine in Spain at a significant discount, raised A$18 million in capital, and received a key arbitration ruling on its Greenland rare earths project.

Berkeley Energia reports promising lithium and rubidium recoveries from its Conchas Project in Spain, while its subsidiary pursues a $1 billion arbitration claim against Spain over regulatory hurdles at the Salamanca uranium project.

African Gold Limited reports robust September quarter results, confirming high-grade gold mineralisation at Blaffo Guetto and advancing exploration at Konahiri North, backed by a $16 million cash boost from a profitable Montage share sale.

Andean Silver Limited reports exceptional drilling results at its Cerro Bayo Project, boosting mineral resources by 340% since acquisition and securing A$30 million in capital to accelerate exploration and feasibility studies.

Zinc of Ireland NL reported steady progress across its Irish and Australian projects in Q3 2025, with significant geochemical and geophysical surveys underway and drilling completed at Mt Clere awaiting assay results.

Carnarvon Energy has made a significant A$86 million investment in Strike Energy, becoming its largest shareholder and gaining exposure to Western Australia’s growing gas market, while deferring Bedout drilling to early 2027 due to rig shortages.

AuMEGA Metals has identified a significant new electromagnetic anomaly near its Cape Ray Project, alongside promising drill results extending known gold mineralisation. The company is fully funded for an aggressive exploration push in Q4 2025.

Lithium Energy Limited is progressing exploration and development across multiple battery mineral projects following the sale of its flagship Solaroz Lithium Project, while working to meet ASX reinstatement conditions.

Aureka Limited’s recent drilling at the St Arnaud Comstock Project has revealed multiple visible gold occurrences, hinting at potential expansion of its current gold resource. Assay results are pending, but the findings could pave the way for increased resource estimates and future production.

Carnavale Resources has significantly upgraded its Kookynie Gold Project with a new resource estimate and scoping study, underpinning strong economics and a clear path to production. A $3 million placement and a $4.09 million entitlement offer support advancing to a Bankable Feasibility Study in 2026.

Great Southern Mining has sold a key mining license to Regis Resources for up to A$9 million and is progressing multiple drilling programs across its Australian projects, supported by government grants and a strategic alliance.

Miramar Resources advances its exploration portfolio with a new joint venture with Sumitomo Metal Mining and promising drilling results at key projects in Western Australia.