Exploration progress dominated the small-cap mining space, with a maiden critical minerals resource in Spain, a Greenland field season gearing up, and fresh drill results in Zambia all advancing key projects. The moves were modest across the board, but each company delivered a concrete step forward in its exploration programme.
Berkeley Energia unveils maiden lithium-rubidium resource in Spain
Berkeley Energia (BKY) delivered a maiden Mineral Resource Estimate for lithium and rubidium at its Conchas Project, a milestone the company's Critical Minerals Exploration Initiative in Spain has been building toward. Executive Director Robert Behets called the estimate a significant step that clearly demonstrates the project's potential, and the shares rose 2.128% to 24.0p on the update.
Arkadian mobilises field teams to Motzfeldt for 2026 season
Arkadian Strategic Metals (AKN) confirmed that travel, equipment and logistics arrangements are substantially complete, clearing the way for its team and field contractors TheiaX and BioApp to begin mobilising to the Motzfeldt site from the end of the month. The update on readiness for the 2026 field season came as shares in Arkadian edged up 3.704% to 0.014p.
Tertiary Minerals finds higher-grade copper zone at Mushima North
Tertiary Minerals (TYM) reported that assay results point to a continuation of the higher-grade copper and silver mineralisation intersected in drill hole 25TMNRC-043 during its last programme at Mushima North. Managing Director Richard Belcher said the results suggest the zone likely extends further, with the shares adding 4.0% to 0.065p on the news.