Latest Copper Gold Exploration News

Sierra Nevada Gold has begun mobilising a five-rig, 25,000m exploration campaign at its As Safra Copper-Gold Project in Saudi Arabia. The program will test Central Copper’s resource potential while opening up more than 12km of broader discovery targets, with first assays expected in November 2026.

Zeus Resources has completed due diligence on its Diaguili copper-gold project in southern Mauritania after regulators validated the environmental notice for exploration. The company will now proceed to the first completion stage of the acquisition, with historical drilling providing the project’s main technical attraction but also its principal qualification.

Kincora Copper says 2026 drilling has identified multiple porphyry-style intrusive complexes across its Nevertire and Nevertire South licences, expanding the interpreted prospective strike beyond 40 kilometres. The results remain early-stage, but AngloGold Ashanti’s potential A$100 million earn-in gives the exploration program meaningful financial backing.

Legacy Minerals has identified three untested induced polarisation targets at its Rockley project in NSW, led by an 800m zone with chargeability of up to 45mV/V. The priority target sits beneath surface copper, gold and silver anomalies, but drilling remains under consideration rather than committed.

FMR Resources will sell its Fairfield copper-gold project to unlisted MFM Resources for $200,000 in MFM shares, subject to approvals, due diligence and MFM securing a proposed ASX listing. The deal marks a sharper concentration of FMR’s resources on its Chilean portfolio, but leaves shareholders exposed to the uncertainty of a future IPO and a non-cash consideration.

Sultan Resources has applied for a 171.2km² copper-gold exploration licence in Namibia’s Central Damara Orogen, a region with established gold deposits and growing copper interest. The opportunity would add a sizeable new landholding without issuing consideration shares, although the licence remains subject to grant and has produced no company exploration results yet.

Empire Resources has identified four magnetic anomalies and prioritised two for drilling at its renamed Bradley Well project in Western Australia. Historical copper intercepts provide geological clues, but the targets remain untested and drilling timing depends on rig availability.

Solstice Minerals has extended copper-gold mineralisation beyond Nanadie’s current resource boundary, while downhole electromagnetic surveying has identified a 140m by 140m conductor scheduled for immediate drilling. The results add momentum to a three-rig campaign, but the resource itself remains unchanged.

FMR Resources has shifted decisively towards Chile, expanding its copper-gold portfolio while early Llahuin drilling suggests the interpreted porphyry core remains untested. The exploration push came with a $6.44 million loss, $4.65 million in cash and a renewed dependence on future capital.

Breakthrough Minerals has extended copper-gold mineralisation beyond the existing Turpentine resource model, with the northernmost hole returning 5 metres at 3.75% CuEq. A dedicated RC rig is due to resume drilling next week as the company tests how far the system continues.

Tivan has secured a 50 km² exploration concession immediately north of its Turiscai project in Timor-Leste, subject to formal regulatory grant. The addition would lift the project to eight licences covering approximately 394 km² ahead of planned maiden drilling in the fourth quarter.

Kincora Copper has received a further US$1.5 million from the staged sale of its Mongolian subsidiaries, taking proceeds to US$6.5 million. A final US$3.5 million remains scheduled by the end of 2026, subject to transaction milestones and conditions.