Latest Copper Exploration News

BOA Resources has reported further high-grade copper intersections at Ricci Lee, strengthening evidence of a continuous mineralised system rather than isolated historical hits. Assays from 12 more RC holes and five other Neds Creek prospects could now shape the path towards a maiden Mineral Resource.

Cooper Metals is pursuing an 85% interest in the Colet Copper Project in the Philippines, anchored by a large but unvalidated historical copper estimate. The acquisition would more than double the company’s share count and requires shareholder approval alongside a A$4.85 million capital raising.

BOA Resources has extended a run of strong copper results at Ricci Lee, with high-grade intersections in 20 of 23 RC holes reported so far. The results support continuity in the Main Lode and point to a second Hanging-Wall Lode, while another 23 RC assays remain pending.

Lux Copper’s first three diamond holes at the Baird project in Alaska have intersected broad zones of visually identified copper mineralisation from surface and at depth. The company now faces the more consequential test: laboratory assays expected in November.

AusQuest’s latest CSAMT survey has outlined an interpreted porphyry copper footprint at least 2.5km by 1km at Cangallo in southern Peru. The geophysics also points to untested targets at depth and two possible additional porphyry centres, although none has yet been confirmed by drilling.

White Cliff Minerals has reported a 76.5-metre copper-silver intercept at Danvers 1, including a 4-metre zone grading 11.19% copper. Three deeper holes also intersected visible copper sulphides, but their grades remain unconfirmed pending assays.

Prospect Resources has reported its first Phase 3 infill assays from Nyungu Central, including 18 metres at 1.31% copper, while extensional drilling continues to identify broad mineralisation beyond the existing resource. Twenty Nyungu Central assay results remain pending as the company advances toward a Q1 2027 Mumbezhi Scoping Study.

Somerset Minerals reported a $2.17 million statutory profit for 2026, but the result was driven mainly by a gain on divesting its Blackdome-Elizabeth subsidiaries rather than recurring operations. The company’s Coppermine copper campaign delivered strong Jura and Talisker drilling results while its auditor warned that further funding is needed to sustain exploration.

White Cliff Minerals has expanded its Rae Copper-Silver Project into a multi-kilometre copper system, with a peak interval of 21.1% copper and recoveries reaching 95.4%. The exploration progress came alongside an A$18.8 million FY26 loss, A$14.5 million operating cash outflow and an auditor-highlighted material uncertainty over going concern.

BOA Resources says it is unaware of undisclosed information behind a sharp increase in trading, despite further Ricci Lee assay results remaining pending through October. The company attributed the move to investor reaction to its recent high-grade copper announcement.

White Cliff Minerals has expanded the assay-confirmed footprint of its Rae Copper Project beyond 11.5km, while new Danvers 3 drilling has placed visible copper sulphides within 19 metres of surface. The most eye-catching Danvers 3 interval still awaits laboratory assays.

Sarytogan Graphite has confirmed copper mineralisation across the full 452.5-metre length of its third diamond hole at Ilksan in Kazakhstan. The result strengthens the porphyry interpretation, although the 0.063% copper average is notably below the two nearby holes.