Latest Gold And Base Metals Exploration News

AuMEGA Metals has successfully closed the first tranche of its upsized private placement, raising over C$5 million to advance its exploration projects in Newfoundland. A second tranche awaits shareholder approval, potentially boosting the company’s capital base further.

Albright Metals has completed the sale of part of its Bryah Basin tenements to Catalyst Metals, securing $1 million in cash and shares to advance its Golden Pike gold and antimony project in Canada.

MinRex Resources Limited (ASX: MRR) has announced a definitive agreement to acquire 100% of Electrum Discovery Corp. (TSX-V: ELY) via a statutory Plan of Arrangement, creating a combined ASX-listed gold-copper exploration company with significant assets in Serbia and Australia.

Antares Metals reports promising rock chip and soil sampling results at its Quinns Gold and Copper Project in Western Australia, alongside applications for four new exploration licences expanding its footprint to 383 km².

Albright Metals has agreed to sell a significant portion of its Bryah Basin tenements to Catalyst Metals for $1 million cash plus $800,000 in shares, enabling a sharper focus on its Canadian gold and antimony projects.

Strickland Metals reports robust gold intercepts from recent drilling at the Gradina Deposit within its Rogozna Project in Serbia, highlighting significant potential to expand the resource. The company is well-capitalised and gearing up for further exploration and resource updates.

Antares Metals has reported promising high-grade gold samples up to 3.7 g/t at its Quinns Copper Gold Project in Western Australia, alongside applications for four new exploration licences expanding its tenure to 383 km².

Impact Minerals has commenced diamond drilling at its Commonwealth Gold-Silver Project in NSW, aiming to expand known resources and explore promising copper targets under a joint venture with Kuniko Limited.

Cosmo Metals Limited has announced a fully underwritten entitlement offer to raise approximately $1.55 million, aimed at advancing drilling and exploration across its key gold and base metals projects. The offer includes new shares and attaching options, with funds earmarked for multiple projects in Western Australia and New South Wales.

Westar Resources outlines ambitious 2026 exploration plans across Western Australia and the Northern Territory, focusing on gold and base metals with new drilling and sampling programs.

Godolphin Resources has identified a significant new induced polarisation anomaly 1,000 metres from its Lewis Ponds deposit, alongside high-grade gold, zinc, and copper surface samples, setting the stage for a targeted drilling campaign in March 2026.

Castile Resources has raised A$8.4 million through a share placement to accelerate its Rover 1 project, aiming to complete a Bankable Feasibility Study by mid-2026 and begin new exploration drilling.