Latest Strategic Minerals News

Kuniko Limited has secured new funding and is poised to commence drilling at its Commonwealth Gold-Silver Project in New South Wales, targeting district-scale precious metals in a Tier-1 jurisdiction.

Kuniko Limited has commenced fieldwork at its Commonwealth Gold-Silver Project in New South Wales, targeting high-grade precious metals within the prolific Lachlan Fold Belt. The company aims to validate historical resource estimates and advance exploration alongside its battery metals portfolio in Europe.

Nova Minerals has secured a critical land use permit for an antimony refinery at Port MacKenzie, Alaska, backed by a US$43.4 million award from the U.S. Department of War. The company aims to produce military-grade antimony by 2026/27, positioning itself as a pivotal domestic supplier in the U.S. critical minerals market.

Locksley Resources has expanded the Desert Antimony Mine target at its Mojave Project by 400%, revealing a new parallel structural zone and boosting the project's potential as a critical U.S. minerals hub.

Western Mines Group has been awarded a $180,000 government grant to fund further drilling at its Mulga Tank nickel project, targeting a promising komatiite mineral system. This funding supports the company’s ongoing exploration efforts to delineate a significant nickel sulphide deposit in Western Australia.

Kuniko Limited has raised A$1.52 million through a rights issue shortfall and top-up placement, fully funding Stage-1 exploration at its Commonwealth Gold-Silver Project in NSW. Exploration activities, including geochemical sampling and airborne geophysics, are now underway in the prolific Lachlan Fold Belt.

St Barbara Limited has secured approximately A$58 million through an institutional placement to fund its Simberi Expansion Project and advance the 15-Mile Processing Hub in Nova Scotia. This capital raise supports the company’s growth ambitions amid ongoing regulatory and operational developments.

Koba Resources has acquired exclusive rights to two high-grade tin-tungsten projects in Queensland’s historic Herberton Tin Field, backed by a $4.35 million placement to fund exploration and drilling.

Osmond Resources has successfully intersected a highly prospective mineralized layer in its first drill hole at the Orión EU Critical Minerals Project, advancing its critical minerals exploration in Spain. Assay results are expected by the end of October, with further drilling underway.

Castile Resources has addressed a recent spike in its share price and trading volume, attributing the movement to rising metal prices and progress on its flagship mining project.

Felix Gold Limited has been found in breach of ASX continuous disclosure rules after delaying the announcement of a U.S. federal site visit to its Alaska antimony project, prompting an internal review of its disclosure policies.

Kuniko Limited has completed the earn-in agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW’s Lachlan Fold Belt, with drilling set to commence soon. This milestone expands Kuniko’s portfolio of strategic minerals critical to the energy transition.