Latest Copper Gold Exploration News

Kincora Copper has started follow-up drilling at its newly named Cookara target in New South Wales after AngloGold Ashanti increased its 2026 partner-funded budget. The update expands the near-term program, but contains no new assay results or disclosed value for the additional funding.

Chalice Mining has made a shallow copper-gold discovery at Kestrel in the Northern Territory, with first-pass drilling returning 27 metres at 4.83g/t gold and 0.42% copper. The result is promising but early-stage, with true widths unknown, eight assays pending and the headline gold interval heavily influenced by a single sample.

Solstice Minerals has returned its strongest shallow copper-gold result yet at Nanadie, led by 10 metres at 9.40% copper, 2.13g/t gold and 23.4g/t silver. The result sits within a broader mineralised zone that could influence the next resource estimate, although metallurgy, continuity and true widths remain unresolved.

Breakthrough Minerals has extended copper-gold mineralisation beyond Turpentine’s existing resource model, with its northernmost hole returning 14 metres at 1.57% CuEq. The exploration progress comes alongside A$2.484 million in cash and a reported 0.81 quarters of funding based on recent outgoings.

Golden Globe Resources has reported rock-chip samples grading up to 4.22% copper at the historic Burns Spur mine, while follow-up drilling at Dooloo Creek missed its modelled breccia target. The explorer ended September with approximately A$2.4 million in cash and is awaiting assay results from its Alma Project.

Artemis Resources has mobilised a diamond drill rig for its first holes at the undrilled Cassowary copper-gold target, although weather has already disrupted the timetable. The company ended September with $6.653 million in cash and fresh government co-funding for the Madura program.

Cooper Metals has confirmed copper-gold mineralisation at both Ardmore North and Attina, while adding the Pyramid Gold Project and pursuing a large Philippine copper transaction. The exploration momentum comes with A$1.24 million in cash and a capital raising still being completed.

AusQuest’s Cangallo copper-gold discovery has been declared a Project of National Interest by the Peruvian Government, strengthening surface-rights protection and project security for the next four years. The designation arrives as the company prepares a 20-pad drilling campaign and seeks approval for another 20 pads in 2027.

Strategic Energy Resources has moved from planning to execution across three Queensland copper-gold campaigns, with Fortescue and Sumitomo funding major parts of the work. The explorer ended September with $2.493 million in cash after raising $1.715 million, but the coming assays will determine whether the activity produces more than a busy field season.

Bubalus Resources will acquire the 494-square-kilometre Skyline copper-gold project in western Tasmania, close to the Mt Lyell mine, in a deal that could reshape its exploration portfolio. Completion depends on an approximately A$2.835 million capital raising, approvals and tenure conditions.

Rio Tinto may spend up to A$46 million exploring LCL Resources’ Liamu project in Papua New Guinea for an eventual 80% stake. The initial programme will target undrilled gold-copper ground at Dada, while Rio Tinto weighs whether to advance the high-grade Ubei prospect.

Kincora Copper has paid A$100,000 for a nine-month option over six exploration licences covering 1,147km² across New South Wales and Victoria. The package includes Boree Creek, where a historical drill hole returned a 48-metre copper-gold interval that Kincora plans to test with diamond drilling.