Latest Base Metals Exploration News

Litchfield Minerals has reported a significant copper-zinc sulphide intercept exceeding 100 metres at its Oonagalabi Project, with ongoing drilling targeting major geophysical anomalies that could expand the resource.

AusQuest has initiated a targeted Reverse Circulation drilling campaign at its Mt Davis project in WA, aiming to test significant VTEM electromagnetic and soil geochemical anomalies for copper, lead, and zinc mineralisation.

Asian Battery Metals PLC’s latest Phase 3 drilling results at the Yambat Project in Mongolia reveal expanded copper-nickel mineralisation and new high-conductance electromagnetic targets, underscoring the district-scale potential of this emerging magmatic sulphide system.

Litchfield Minerals has confirmed a continuous mineralised strike of over 3km at its Oonagalabi Formation, revealing new copper, zinc, and silver zones. Upcoming drilling and geophysical surveys aim to test the system’s extensions and depth potential.

Advance Metals Limited has responded to an ASX query clarifying its compliance with disclosure rules and marketing practices, while updating on its funding status and capital raise plans.

Litchfield Minerals has successfully raised $1.5 million through an oversubscribed placement and share purchase plan, fueling an ambitious 14-hole drilling campaign at its flagship Oonagalabi Project.

DY6 Metals has completed a $245,000 placement to directors, with key insiders further demonstrating confidence through on-market share purchases and option exercises totaling over $115,000.

Litchfield Minerals is set to commence a major Phase 2 drilling program at its Oonagalabi Project, aiming to unlock a potentially world-class base metals system through targeted geophysical anomalies. The campaign will test a dual mineralisation model combining SEDEX-style and intrusive gold-bismuth signatures.

Lincoln Minerals has expanded its exploration footprint at the Minbrie Copper-Base Metals Project, identifying two new drill-ready targets and confirming a large-scale multi-metal sulphide system stretching over 7km. Fully funded for drilling, the company aims to unlock significant growth potential in South Australia’s Eyre Peninsula.

Altair Minerals has successfully navigated the initial legal hearing against BHP over the contested use of its Olympic Domain Project area, setting the stage for a protracted dispute over exploration rights and project valuation.

Adavale Resources has launched an offer of over 82 million new options following recent placements that raised approximately $3.1 million. These options, exercisable at $0.035 each, aim to reward investors, directors, and the lead manager while potentially raising further capital.

Surefire Resources has identified a significant bedrock conductor at its Copper Hill Project through a recent ground electromagnetic survey, marking a promising step in its copper exploration efforts. This discovery aligns with previous geochemical anomalies and will shape upcoming drilling programs.