Latest Copper Exploration News

Eagle Mountain Mining’s joint venture with Nittetsu has contracted Boart Longyear for a 6,000-metre drilling campaign at Oracle Ridge, marking a significant step in exploring near-mine copper extensions and testing new geophysical targets.

Patriot Resources’ maiden drilling at the Tonic prospect in Zambia has unveiled a new high-grade copper-silver-zinc-cobalt discovery, validating its exploration model and opening avenues for further resource growth near key infrastructure.

Culpeo Minerals (ASX:CPO) has launched a pro-rata entitlement issue of approximately 198 million unlisted options, aiming to raise nearly A$500,000 to fund accelerated copper exploration in Chile. The options offer a low exercise price and long expiry, providing shareholders with leveraged exposure to the company’s drilling programs at El Quillay and Vista Montana.

Marimaca Copper has expanded its high-grade bornite zone at Pampa Medina with new drilling revealing significant copper and silver grades, including intersections in basement metasediments for the first time, indicating potential for further resource growth.

Somerset Minerals has launched its first-ever reverse circulation drilling campaign at the Talisker copper target within its Coppermine Project, aiming to test a newly identified high-grade copper corridor. The initial 2,500-metre program marks a significant step in exploring a 17-kilometre anomaly near White Cliff Minerals' Danvers deposit.

Prospect Resources has completed key diamond and aircore drilling at its Mumbezhi Copper Project, uncovering new copper mineralisation zones and progressing a Scoping Study on schedule.

Kaoko Metals has unveiled a new copper discovery at its Chalkos Project in Namibia, significantly enlarging the mineralised surface area between existing prospects and setting the stage for imminent drilling.

BOA Resources has appointed geologist Graeme Purcell as Managing Director following its acquisition of the Thaduna and Green Dragon copper deposits, setting the stage for a drilling campaign at Neds Creek.

Somerset Minerals (ASX:SMM) has kicked off a $3.17 million capital raise combining a $2 million placement and a $1.17 million entitlement offer, aiming to advance exploration at its Coppermine copper project in Nunavut, Canada. The offer includes attaching options and management incentives, with participation restricted to shareholders in select jurisdictions.

Infinity Mining has flagged significant concerns over the historical copper resource estimate at its Cangai Project, prompting a comprehensive revision expected within three months.

Buxton Resources has sold its 49% interest in the Copper Wolf Project joint venture to IGO for nearly AUD 6 million while keeping full ownership of surrounding prime exploration tenements in Arizona.

White Cliff Minerals has expanded the Danvers copper system at its Rae Project, intersecting more than 70 metres of copper sulphides in its first diamond drill hole, refining the geological model and extending the mineralised footprint by 50 metres northeast.