Latest Base Metals Exploration News

Octava Minerals has launched on-ground exploration at its Federation copper-zinc-silver-tin project in Western Tasmania, focusing on the historically promising Sweeney’s prospect. The company aims to leverage modern techniques to unlock the potential of mineralisation untouched since the 1980s.

Litchfield Minerals has identified significant copper mineralisation above key VTEM conductors at its Oonagalabi Project, expanding the known system by over 1km and preparing for a major drilling campaign.

Asian Battery Metals advances its Oval Cu-Ni-PGE project in Mongolia with significant down-dip extensions confirmed and new electromagnetic targets identified, setting the stage for an active Phase 4 drilling campaign.

Nimy Resources has successfully raised $1.72 million through an oversubscribed share placement to fast-track copper and gallium exploration at its Mons Project in Western Australia.

Mount Hope Mining has identified multiple strong electromagnetic conductors at its Blue Heeler prospect, signalling promising mineralisation near historic copper mines. The company is set to commence its maiden drilling program, aiming to unlock new resources within the Mt Hope Project.

Litchfield Minerals' recent VTEM survey at the Oonagalabi project has identified five conductor clusters with fourteen Priority 1 sulphide targets, setting the stage for a significant drilling campaign starting mid-September.

Nimy Resources has identified three key conductive plates near a major magnetic anomaly at its Masson discovery, suggesting a significant extension of copper-nickel mineralisation at depth within the Mons Project, WA.

Litchfield Minerals Limited has launched a $1.5 million capital raising to fast-track exploration at its Northern Territory copper-zinc projects, including the advanced Oonagalabi asset. Recent drilling and geophysical surveys highlight promising mineralisation and near-term growth potential.

Litchfield Minerals has successfully raised $500,000 through a targeted placement and is launching a $1 million Security Purchase Plan to fund upcoming drilling campaigns and working capital needs.

American West Metals has launched an offer of over 104 million new options to select investors and advisors, potentially raising $6.28 million upon exercise. The move aims to enhance liquidity and support ongoing exploration projects.

Eastern Metals has agreed to sell its Browns Reef Project to Australian Gold and Copper for $1.5 million, including a unique share distribution to existing shareholders, pending approval in September.

Nimy Resources has identified a significant copper-zinc-gold anomaly at its Sneaky Squirrel Gossan Prospect within the Mons Project, Western Australia, hinting at a potential volcanogenic massive sulphide deposit similar to Golden Grove.