Latest Base Metals Exploration News

Venus Metals Corporation’s subsidiary Redscope has won a $52,500 grant from the WA Government to co-fund diamond drilling at the Pincher Copper Project, targeting a significant geophysical anomaly. Drilling is set to begin in June 2025, advancing exploration of a promising volcanogenic massive sulphide system.

Somerset Minerals advances its strategic acquisition of the Coppermine Project in Nunavut, identifying multiple drill-ready copper anomalies and securing $2.39 million to fund maiden exploration.

Kingsrose Mining advances its Fennoscandian exploration with high-grade discoveries and strategic acquisition of the Jakon project, supported by robust funding from BHP.

Asian Battery Metals PLC has completed an oversubscribed A$3.96 million capital raise, fully funding its expanded 2025 exploration program focused on the promising Oval Cu-Ni-PGE discovery in Mongolia. Phase 3 drilling is underway, targeting deeper and along-strike extensions, with initial assay results expected in May.

Maronan Metals reports robust assay results confirming extensive high-grade silver-lead mineralisation and promising copper-gold intercepts, alongside progress in mine development with a Mineral Development Licence application.

Mount Hope Mining has extended its known mineralisation zones at Black Hill and Mount Hope East, triggering a new geophysical survey and advancing towards its maiden drilling program.

Zinc of Ireland NL advances its strategic footprint with an 80% earn-in at the Mt Clere Project in WA, preparing for imminent drilling, while rationalizing its Irish tenements and exiting Canadian assets.

Somerset Minerals Ltd has raised $2.39 million to fund its maiden drilling and surface sampling campaign at the Coppermine copper-silver project in Nunavut, targeting high-grade mineralisation supported by strong geophysical and historical data.